Price for Spices; Vanilla, Not Crushed or Ground in Romania - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Romania (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Romania (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Romania
- Exports of Spices; Vanilla, Not Crushed or Ground in Romania
Price for Spices; Vanilla, Not Crushed or Ground in Romania (CIF) - 2022
The average import price for vanilla stood at $222,151 per ton in 2022, surging by 4.8% against the previous year. Overall, the import price showed strong growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 77%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Poland ($291,186 per ton), while the price for Belgium ($60,902 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in Romania (FOB) - 2022
The average export price for vanilla stood at $267,857 per ton in 2022, declining by -13.6% against the previous year. In general, the export price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 an increase of 767% against the previous year. Over the period under review, the average export prices attained the peak figure at $623,260 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($300,528 per ton), while the average price for exports to Moldova ($33,810 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Romania
In 2022, approx. 3.6 tons of vanilla were imported into Romania; waning by -11.3% compared with the previous year. In general, imports saw a significant curtailment.
In value terms, imports of vanilla contracted to $802K in 2022. Overall, imports faced a dramatic shrinkage.
| Import of Spices; Vanilla, Not Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | N/A | 173 | 357 | 547 | 77.8% |
| France | 58.7 | 138 | 67.2 | 73.5 | 7.8% |
| Germany | 5,378 | 3,461 | 213 | 59.7 | -77.7% |
| Poland | 65.8 | 81.2 | 39.5 | 40.8 | -14.7% |
| Italy | 43.4 | 174 | 109 | 23.6 | -18.4% |
| Austria | 21.7 | 8.8 | 21.1 | 17.4 | -7.1% |
| Belgium | N/A | 0.2 | 0.2 | 5.0 | 400.0% |
| Others | 19.7 | 49.7 | 56.0 | 35.3 | 21.5% |
| Total | 5,588 | 4,086 | 863 | 802 | -47.6% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Romania in 2022:
- Madagascar (2139.0 kg)
- Germany (528.0 kg)
- France (362.0 kg)
- Poland (140.0 kg)
- Italy (96.0 kg)
- Belgium (82.0 kg)
- Austria (74.0 kg)
Exports of Spices; Vanilla, Not Crushed or Ground in Romania
In 2022, exports of vanilla from Romania declined to 2.6 tons, with a decrease of -14.4% compared with the year before. In general, exports faced a precipitous decrease. The smallest decline of -5.6% was in 2020.
In value terms, exports of vanilla dropped significantly to $699K in 2022. Over the period under review, exports recorded a sharp setback. The smallest decline of -11.9% was in 2020.
| Export of Spices; Vanilla, Not Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 136 | 356 | 473 | 522 | 56.6% |
| Germany | 3,970 | 3,251 | 448 | 142 | -67.1% |
| Poland | N/A | 11.2 | 15.2 | 16.4 | 21.0% |
| Moldova | 1.8 | 5.1 | 5.7 | 3.4 | 23.6% |
| Others | 7.9 | 3.8 | 3.1 | 15.1 | 24.1% |
| Total | 4,116 | 3,626 | 945 | 699 | -44.6% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Romania in 2022:
- Italy (1738.0 kg)
- Germany (654.0 kg)
- Moldova (100.0 kg)
- Poland (57.0 kg)
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This report provides an in-depth analysis of the vanilla market in Romania.
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This report provides an in-depth analysis of the global vanilla market.
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This report provides an in-depth analysis of the vanilla market in Romania.
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This report provides an in-depth analysis of the global vanilla market.
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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
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Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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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
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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
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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.
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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.
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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
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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.
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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
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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
