Netherlands: Vanilla Market 2024

Vanilla Market Size in the Netherlands

In 2022, the Dutch vanilla market decreased by X% to $X, falling for the fourth consecutive year after five years of growth. Over the period under review, consumption showed a abrupt downturn. Vanilla consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Vanilla Production in the Netherlands

In value terms, vanilla production stood at less than $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern.

In 2022, the average vanilla yield in the Netherlands amounted to less than X kg per ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of vanilla production in the Netherlands amounted to less than X ha, remaining relatively unchanged against 2021 figures. Over the period under review, the harvested area showed a relatively flat trend pattern.

Vanilla Exports

Exports from the Netherlands

In 2022, vanilla exports from the Netherlands expanded sharply to X tons, growing by X% on 2021 figures. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, vanilla exports expanded markedly to $X in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X tons) was the main destination for vanilla exports from the Netherlands, with a X% share of total exports. Moreover, vanilla exports to France exceeded the volume sent to the second major destination, Germany (X tons), fivefold. Belgium (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, France ($X) remains the key foreign market for vanilla exports from the Netherlands, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average vanilla export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Sweden ($X 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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vanilla Imports

Imports into the Netherlands

In 2022, approx. X tons of vanilla were imported into the Netherlands; waning by X% on the previous year's figure. Overall, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, vanilla imports declined remarkably to $X in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined dramatically in the following year.

Imports by Country

In 2022, Madagascar (X tons) constituted the largest supplier of vanilla to the Netherlands, accounting for a X% share of total imports. Moreover, vanilla imports from Madagascar exceeded the figures recorded by the second-largest supplier, the United States (X tons), ninefold. The third position in this ranking was taken by Indonesia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Madagascar amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Indonesia (X% per year).

In value terms, Madagascar ($X) constituted the largest supplier of vanilla to the Netherlands, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Madagascar stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Indonesia (X% per year).

Import Prices by Country

The average vanilla import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 Madagascar ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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