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

Vanilla Market Size in Brazil

For the third year in a row, the Brazilian vanilla market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Vanilla Exports

Exports from Brazil

In 2020, overseas shipments of vanilla decreased by -X% to X kg, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X kg in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, vanilla exports surged to $X in 2020. Over the period under review, exports enjoyed significant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Panama (X kg) was the main destination for vanilla exports from Brazil, with a X% share of total exports. Moreover, vanilla exports to Panama exceeded the volume sent to the second major destination, Cyprus (X kg), threefold. Japan (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Panama totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (-X% per year) and Japan (X% per year).

In value terms, the largest markets for vanilla exported from Brazil were Greece ($X), Panama ($X) and Cyprus ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Panama (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average vanilla export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Greece ($X per tonne), while the average price for exports to Malta ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Vanilla Imports

Imports into Brazil

For the third consecutive year, Brazil recorded decline in overseas purchases of vanilla, which decreased by -X% to X tonnes in 2020. Overall, imports saw a noticeable setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, vanilla imports contracted rapidly to $X in 2020. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Madagascar (X kg) constituted the largest supplier of vanilla to Brazil, with a X% share of total imports. Moreover, vanilla imports from Madagascar exceeded the figures recorded by the second-largest supplier, Papua New Guinea (X kg), twofold. The third position in this ranking was occupied by Indonesia (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Madagascar totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Papua New Guinea (+X% per year) and Indonesia (-X% per year).

In value terms, the largest vanilla suppliers to Brazil were Papua New Guinea ($X), Madagascar ($X) and Indonesia ($X), together comprising X% of total imports.

Papua New Guinea (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average vanilla import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to see steady growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uganda, 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) remains the largest vanilla consuming country worldwide, accounting for 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 comprising 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 Brazil?
+
In value terms, the largest vanilla suppliers to Brazil were Papua New Guinea ($102K), Madagascar ($65K) and Indonesia ($32K), with a combined 87% share of total imports.
What are the leading importers of vanilla from Brazil?
+
In value terms, the largest markets for vanilla exported from Brazil were Greece ($49), Panama ($49) and Cyprus ($24), together accounting for 68% of total exports.
What is the average export price for vanilla in Brazil?
+
The average vanilla export price stood at $7,070 per tonne in 2019, waning by -63.5% against the previous year.
What is the average import price for vanilla in Brazil?
+
In 2020, the average vanilla import price amounted to $229,000 per tonne, surging by 87% against the previous year.

Product coverage:
• FCL 692 - Vanilla

This report provides an in-depth analysis of the vanilla market in Brazil. 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:
• Brazil

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Brazil
• 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

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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