EU: Vanilla Market 2022

Production By Country in the EU

Estonia (X tonnes) constituted the country with the largest volume of vanilla production, accounting for X% of total volume.

In Estonia, vanilla production shrank by an average annual rate of -X% over the period from 2017-2020.

Vanilla Exports

Exports in the EU

Vanilla exports reduced slightly to X tonnes in 2020, which is down by -X% on the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. As a result, the exports reached the peak of X tonnes. From 2014 to 2020, the growth of the exports failed to regain momentum.

In value terms, vanilla exports contracted to $X in 2020. Overall, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

Exports by Country

In 2020, France (X tonnes) represented the main exporter of vanilla, comprising X% of total exports. Germany (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by the Netherlands (X%), Belgium (X%) and Denmark (X%). The Czech Republic (X tonnes) and Poland (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in the Czech Republic (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2020, together comprising X% of total exports. These countries were followed by Poland, the Czech Republic, Belgium and Denmark, which together accounted for a further X terms of the main exporting countries, the Czech Republic, with a CAGR of +X%, saw the highest growth rate of 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

The vanilla export price in the European Union stood at $X per tonne in 2020, waning by -X% against the previous year. In general, the export price, however, posted resilient growth. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per tonne in 2018; however, from 2019 to 2020, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Poland ($X per tonne), while Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the other leaders experienced more modest paces of growth.

Vanilla Imports

Imports in the EU

In 2020, the amount of vanilla imported in the European Union shrank to X tonnes, reducing by -X% compared with the year before. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, vanilla imports shrank notably to $X in 2020. In general, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, France (X tonnes) was the largest importer of vanilla, mixing up X% of total imports. Germany (X tonnes) ranks second in terms of the total imports with a X% share, followed by Spain (X%), the Netherlands (X%), Belgium (X%), the Czech Republic (X%) and Denmark (X%). Poland (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in the Czech Republic (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vanilla importing markets in the European Union were France ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total imports. Poland, Denmark, Belgium, the Czech Republic and Spain lagged somewhat behind, together comprising a further X terms of the main importing countries, Poland, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The vanilla import price in the European Union stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Poland ($X per tonne), while Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform