Price for Spices; Vanilla, Not Crushed or Ground in Poland - 2023

Contents:

  1. Price for Spices; Vanilla, Not Crushed or Ground in Poland (CIF) - 2022
  2. Price for Spices; Vanilla, Not Crushed or Ground in Poland (FOB) - 2022
  3. Imports of Spices; Vanilla, Not Crushed or Ground in Poland
  4. Exports of Spices; Vanilla, Not Crushed or Ground in Poland

Price for Spices; Vanilla, Not Crushed or Ground in Poland (CIF) - 2022

The average import price for vanilla stood at $108,441 per ton in 2022, which is down by -6.3% against the previous year. Overall, the import price, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 when the average import price increased by 197% against the previous year. The import price peaked at $116,231 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($235,967 per ton), while the price for Germany ($21,465 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Vanilla, Not Crushed or Ground in Poland (FOB) - 2022

The average export price for vanilla stood at $374,239 per ton in 2022, shrinking by -12.5% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 69% against the previous year. The export price peaked at $427,851 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($393,314 per ton), while the average price for exports to Portugal stood at $202,991 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+23.0%).

Imports of Spices; Vanilla, Not Crushed or Ground in Poland

In 2022, the amount of vanilla imported into Poland reduced to 61 tons, declining by -8.1% on the previous year. Overall, imports recorded a dramatic slump. The smallest decline of -1.2% was in 2020.

In value terms, imports of vanilla contracted to $6.7M in 2022. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Spices; Vanilla, Not Crushed or Ground in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.310.15.25.2158.8%
Germany0.40.70.80.826.0%
Indonesia1.62.31.10.4-37.0%
Madagascar8.40.1N/AN/A-98.8%
Others1.70.50.60.3-43.9%
Total12.313.77.76.7-18.3%

Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Poland in 2022:

  1. Germany (35.5 tons)
  2. France (22.0 tons)
  3. Indonesia (2.3 tons)

Exports of Spices; Vanilla, Not Crushed or Ground in Poland

Exports of vanilla from Poland reduced sharply to 14 tons in 2022, waning by -28.7% against the year before. Over the period under review, exports recorded a precipitous slump. The smallest decline of -22.6% was in 2020.

In value terms, exports of vanilla shrank rapidly to $5.2M in 2022. In general, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2020 when exports increased by 9.7%. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Spices; Vanilla, Not Crushed or Ground in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10.211.37.64.8-22.2%
Czech Republic0.10.10.10.10.0%
Portugal0.40.30.20.1-37.0%
Others0.40.60.40.2-20.6%
Total11.212.28.35.2-22.6%

Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Poland in 2022:

  1. France (12.1 tons)
  2. Portugal (0.5 tons)
  3. Czech Republic (0.2 tons)

Source: IndexBox Market Intelligence Platform

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