Price for Spices; Vanilla, Not Crushed or Ground in Poland - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Poland (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Poland (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Poland
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.3 | 10.1 | 5.2 | 5.2 | 158.8% |
Germany | 0.4 | 0.7 | 0.8 | 0.8 | 26.0% |
Indonesia | 1.6 | 2.3 | 1.1 | 0.4 | -37.0% |
Madagascar | 8.4 | 0.1 | N/A | N/A | -98.8% |
Others | 1.7 | 0.5 | 0.6 | 0.3 | -43.9% |
Total | 12.3 | 13.7 | 7.7 | 6.7 | -18.3% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Poland in 2022:
- Germany (35.5 tons)
- France (22.0 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 10.2 | 11.3 | 7.6 | 4.8 | -22.2% |
Czech Republic | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Portugal | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
Others | 0.4 | 0.6 | 0.4 | 0.2 | -20.6% |
Total | 11.2 | 12.2 | 8.3 | 5.2 | -22.6% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Poland in 2022:
- France (12.1 tons)
- Portugal (0.5 tons)
- Czech Republic (0.2 tons)
This report provides an in-depth analysis of the vanilla market in Poland.
This report provides an in-depth analysis of the global vanilla market.
This report provides an in-depth analysis of the vanilla market in Poland.
This report provides an in-depth analysis of the global vanilla market.
In June 2023, the Vanilla price in Poland, CIF, reached $286K per ton, showing a 6.2% increase compared to the previous month.
In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
In 2015, global consumption of vanilla amounted to X tons, standing approx. at the 2014 level. One year before there was a fall by X% caused by the reduction of vanilla production in Indonesia; from 2007 to 2013, va
The value of total imports on the global vanilla market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of vanilla reached X tons i
From 2007 to 2015, global exports of vanilla grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports on the global vanilla market reached X tons in 2015, which was X tons (or X%) more than the year before.
The global production of vanilla was estimated at X tons in 2015, an increase of X tons against the figure for 2013, and X tons (or X%) less than the peak production level recorded in 2011.
From 2007 to 2015, global vanilla market consumption decreased by -X% annually. The highest annual rates of growth in terms of vanilla consumption between 2007 and 2015 were registered in India, with a +X% growth, due to the increased number of va
Although widely considered a standard commodity, vanilla requires highly labor-intensive methods of cultivation that make it the second most expensive spice in the world, surpassed only by saffron.
France dominates in the global vanilla trade. In 2014, France exported X thousand tons of vanilla totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total vanilla exports in val