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Argentina - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Vanilla Market Overview 2021

Vanilla Market Size in Argentina

The Argentinian vanilla market amounted to $X in 2019, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018, and then expanded sharply in the following year.

Vanilla Exports

Exports from Argentina

In 2020, the amount of vanilla exported from Argentina stood at X kg, stabilizing at 2019. In general, exports recorded resilient growth. Over the period under review, exports reached the maximum at X kg in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, vanilla exports stood at $X in 2020. Overall, exports showed a strong expansion. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

Bahrain (X kg) was the main destination for vanilla exports from Argentina, accounting for a X% share of total exports. Moreover, vanilla exports to Bahrain exceeded the volume sent to the second major destination, Spain (X kg), eightfold.

From 2007 to 2014, the average annual growth rate of volume to Bahrain was relatively modest.

In value terms, the largest markets for vanilla exported from Argentina were Bahrain ($X) and Spain ($X the main countries of destination, Bahrain recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average vanilla export price stood at $X per tonne in 2014, approximately equating the previous year. In general, the export price saw a moderate expansion. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2010 to 2014, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per tonne), while the average price for exports to Bahrain stood at $X per tonne.

From 2007 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain.

Vanilla Imports

Imports into Argentina

In 2020, supplies from abroad of vanilla decreased by -X% to X kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, vanilla imports soared to $X in 2020. In general, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

France (X kg), India (X kg) and Papua New Guinea (X kg) were the main suppliers of vanilla imports to Argentina, with a combined X% share of total imports. These countries were followed by Madagascar, Mexico, Germany and Indonesia, which together accounted for a further X 2007 to 2019, the biggest increases were in Mexico (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of vanilla to Argentina, comprising X% of total imports. The second position in the ranking was occupied by Papua New Guinea ($X), with a X% share of total imports. It was followed by Madagascar, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Papua New Guinea (+X% per year) and Madagascar (+X% per year).

Import Prices by Country

In 2019, the average vanilla import price amounted to $X per tonne, rising by X% against the previous year. Overall, the import price saw perceptible growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vanilla in the world?
+
Indonesia (2.3K tonnes) constituted the country with the largest volume of vanilla consumption, comprising approx. 32% of total volume. Moreover, vanilla consumption in Indonesia exceeded the figures recorded by the second-largest consumer, the U.S. (941 tonnes), twofold. The third position in this ranking was occupied by Mexico (528 tonnes), with a 7.1% share.
What are the largest producers of vanilla in the world?
+
The countries with the highest volumes of vanilla production in 2020 were Indonesia (2.5K tonnes), Madagascar (2.3K tonnes) and Mexico (532 tonnes), together accounting for 73% of global production. These countries were followed by Papua New Guinea, China, Turkey and Uganda, which together accounted for a further 21%.
What are the leading suppliers of vanilla to Argentina?
+
In value terms, France ($37K) constituted the largest supplier of vanilla to Argentina, comprising 35% of total imports. The second position in the ranking was occupied by Papua New Guinea ($18K), with a 17% share of total imports. It was followed by Madagascar, with a 16% share.
What are the leading importers of vanilla from Argentina?
+
In value terms, the largest markets for vanilla exported from Argentina were Bahrain ($234) and Spain ($200).
What is the average export price for vanilla in Argentina?
+
The average vanilla export price stood at $4,717 per tonne in 2014, approximately equating the previous year.
What is the average import price for vanilla in Argentina?
+
In 2019, the average vanilla import price amounted to $80,409 per tonne, rising by 11% against the previous year.

Product coverage:
• FCL 692 - Vanilla

This report provides an in-depth analysis of the vanilla market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Argentina

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Argentina
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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