Vanilla Market

Vanilla market: get new information featured by an Ai-driven business intelligence platform. Statistics provide production, companies, market prices, trade, consumption, exports, market size, and imports. Here is a split by region, including Africa, EU, China, the U.K., Latin America, Russia, the Middle East, and the U.S. Market dynamics and outlook to 2030 are also provided in the reports.


Get FREE access to the latest data and statistics on the Vanilla Market.

Vanilla - World's Largest Markets

RatingCountry
1Indonesia
2United States
3France
4Mexico
5Germany

In value terms, Indonesia, the United States and France constituted the countries with the highest levels of market value in 2021, with a combined 58% share of the global market. Mexico, Germany, China, Uganda, Canada, Papua New Guinea, Australia, the Czech Republic, Spain and Syrian Arab Republic lagged somewhat behind, together accounting for a further 28%.

In terms of the main consuming countries, Spain saw the highest rates of growth with regard to market size, over the period under review, while vanilla market for the other global leaders experienced more modest paces of growth.

Vanilla Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Turkey438940584058-3.8%
China911978997899-6.9%
United States15957329583046038.2%
Belgium32656352673974010.3%
United Kingdom299421467744435521.7%
Papua New Guinea134633110408112528-8.6%
Netherlands5308214674114674166.3%
Indonesia273660181852205821-13.3%
France261646206090235809-5.1%
Germany3206822952083269651.0%
Madagascar354675213756331438-3.3%
Canada401488249409357081-5.7%
Average227334155066207354-4.5%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($357,081 per ton), while Turkey ($4,058 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+66.3% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
United States377268252846338509-5.3%
Germany2710672237222857752.7%
France269488158493236443-6.3%
Netherlands13395622717922052728.3%
Canada1712291640811800282.5%
Indonesia49192848808488031.4%
Australia5770077179694049.7%
United Kingdom688266050060663-6.1%
Belgium42037504845378213.1%
Czech Republic661274030040300-21.9%
Spain350622288124154-17.0%
Saudi Arabia1133772567256-20.0%
Syrian Arab Republic354130833083-6.7%
Average197830147528182947-3.8%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($338,509 per ton), while Syrian Arab Republic ($3,083 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced more modest paces of growth.

Vanilla - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States0.50.40.5-1.5%
France0.20.10.2-0.1%
Germany0.10.10.13.6%
Canada0.070.040.06-8.3%
Netherlands0.020.040.0433.7%

In value terms, the United States ($510M) constitutes the largest market for imported vanilla worldwide, comprising 42% of global imports. The second position in the ranking was occupied by France ($206M), with a 17% share of global imports. It was followed by Germany, with a 11% share.

From 2019 to 2021, the average annual growth rate of value in the United States totaled -1.5%. In the other countries, the average annual rates were as follows: France (-0.1% per year) and Germany (+3.6% per year).

Vanilla - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Madagascar0.90.50.8-1.4%
France0.10.070.09-5.1%
Indonesia0.090.070.08-3.5%
Germany0.070.060.07-0.9%
Canada0.070.030.05-9.3%

In value terms, Madagascar ($839M) remains the largest vanilla supplier worldwide, comprising 65% of global exports. The second position in the ranking was occupied by France ($89M), with a 6.9% share of global exports. It was followed by Indonesia, with a 6.5% share.

In Madagascar, vanilla exports declined by an average annual rate of -1.4% over the period from 2019-2021. In the other countries, the average annual rates were as follows: France (-5.1% per year) and Indonesia (-3.5% per year).

Vanilla - Market Forecast

Driven by rising demand for vanilla worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Vanilla - Product Coverage

  • HS 0905 - Vanilla
Store
Blog
Event
World - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global vanilla market.

Australia and Oceania - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in Australia and Oceania.

Africa - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in Africa.

Latin America and the Caribbean - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in Latin America and the Caribbean.

Eastern Asia - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in Eastern Asia.

South-Eastern Asia - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in South-Eastern Asia.

Northern America - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in Northern America.

Middle East - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in the Middle East.

Southern Asia - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in Southern Asia.

Central Asia - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vanilla market in Central Asia.

Category
Geography

Nothing found. Please try again.


Browse popular categories

Browse popular regions

Baltics
Eastern Europe