Price for Spices; Vanilla, Crushed or Ground in the Netherlands - 2023
Contents:
- Price for Spices; Vanilla, Crushed or Ground in the Netherlands (CIF) - 2023
- Price for Spices; Vanilla, Crushed or Ground in the Netherlands (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in the Netherlands
- Exports of Spices; Vanilla, Crushed or Ground in the Netherlands
Price for Spices; Vanilla, Crushed or Ground in the Netherlands (CIF) - 2023
In June 2023, the average import price for spices; vanilla, crushed or ground amounted to $70,634 per ton, surging by 35% against the previous month. Over the period under review, the import price posted a tangible expansion. The pace of growth appeared the most rapid in February 2023 an increase of 393% against the previous month. As a result, import price reached the peak level of $178K per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($200K per ton), while the price for the United States ($43,891 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Crushed or Ground in the Netherlands (FOB) - 2022
In 2022, the average export price for spices; vanilla, crushed or ground amounted to $39,264 per ton, growing by 12% against the previous year. In general, the export price posted prominent growth. The growth pace was the most rapid in 2014 when the average export price increased by 29%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($183,534 per ton), while the average price for exports to Germany ($20,022 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 Greece (+38.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Crushed or Ground in the Netherlands
In 2022, purchases abroad of spices; vanilla, crushed or ground decreased by -59.8% to 32 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. As a result, imports reached the peak of 92 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; vanilla, crushed or ground imports dropped remarkably to $2.2M in 2022. Overall, imports, however, showed slight growth. The pace of growth was the most pronounced in 2020 with an increase of 133% against the previous year.
| Import of Spices; Vanilla, Crushed or Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 20.9 | 1,131 | 164 | 661 | 216.2% |
| United Kingdom | 10.0 | N/A | 580 | 589 | 289.1% |
| United States | 52.1 | 42.6 | 67.4 | 391 | 95.8% |
| France | 729 | 1,243 | 1,193 | 329 | -23.3% |
| Germany | 879 | 2,080 | 2,169 | 120 | -48.5% |
| Denmark | 34.2 | 22.2 | 1.8 | 25.2 | -9.7% |
| India | 231 | 47.5 | 0.2 | 10.0 | -64.9% |
| Belgium | 42.8 | 71.8 | 130 | 6.8 | -45.8% |
| Canada | N/A | N/A | 419 | N/A | 0% |
| Others | 67.5 | 166 | 697 | 34.7 | -19.9% |
| Total | 2,066 | 4,804 | 5,421 | 2,166 | 1.6% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to the Netherlands in 2022:
- Madagascar (9.8 tons)
- United States (8.4 tons)
- France (7.3 tons)
- United Kingdom (2.9 tons)
- Germany (2.1 tons)
- Denmark (0.5 tons)
- India (0.2 tons)
- Belgium (0.1 tons)
Exports of Spices; Vanilla, Crushed or Ground in the Netherlands
After three years of growth, shipments abroad of spices; vanilla, crushed or ground decreased by -53.5% to 64 tons in 2022. In general, exports, however, continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 136% against the previous year. As a result, the exports reached the peak of 137 tons, and then reduced remarkably in the following year.
In value terms, spices; vanilla, crushed or ground exports shrank significantly to $2.5M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 190% against the previous year. As a result, the exports reached the peak of $4.8M, and then fell rapidly in the following year.
| Export of Spices; Vanilla, Crushed or Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 533 | 628 | 592 | 788 | 13.9% |
| Denmark | 85.0 | 125 | 991 | 425 | 71.0% |
| France | 348 | 506 | 1,140 | 375 | 2.5% |
| Austria | 29.5 | 43.8 | 480 | 275 | 110.5% |
| Italy | 23.0 | 7.2 | 20.3 | 172 | 95.6% |
| Belgium | 88.3 | 83.0 | 156 | 119 | 10.5% |
| Greece | 1.0 | 0.1 | 130 | 110 | 379.1% |
| Poland | 37.2 | 26.6 | 122 | 65.7 | 20.9% |
| Turkey | 39.6 | 40.9 | 26.6 | 63.4 | 17.0% |
| Spain | 15.0 | 2.9 | 24.2 | 13.4 | -3.7% |
| Others | 71.1 | 187 | 1,097 | 88.9 | 7.7% |
| Total | 1,271 | 1,650 | 4,779 | 2,496 | 25.2% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from the Netherlands in 2022:
- Germany (39.4 tons)
- France (6.5 tons)
- Italy (3.5 tons)
- Austria (2.4 tons)
- Denmark (2.3 tons)
- Greece (2.3 tons)
- Belgium (1.8 tons)
- Turkey (1.3 tons)
- Poland (1.1 tons)
- Spain (0.7 tons)
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This report provides an in-depth analysis of the vanilla market in the Netherlands.
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This report provides an in-depth analysis of the global vanilla market.
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This report provides an in-depth analysis of the vanilla market in the Netherlands.
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This report provides an in-depth analysis of the global vanilla market.
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In May 2023, the growth rate for Vanilla imports was the highest, with a staggering increase of 766% compared to the previous month. However, in September 2023, the value of Vanilla imports plummeted to $632K.
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In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
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Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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In 2015, global consumption of vanilla amounted to X tons, standing approx. at the 2014 level. One year before there was a fall by X% caused by the reduction of vanilla production in Indonesia; from 2007 to 2013, va
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The value of total imports on the global vanilla market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of vanilla reached X tons i
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From 2007 to 2015, global exports of vanilla grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports on the global vanilla market reached X tons in 2015, which was X tons (or X%) more than the year before.
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The global production of vanilla was estimated at X tons in 2015, an increase of X tons against the figure for 2013, and X tons (or X%) less than the peak production level recorded in 2011.
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From 2007 to 2015, global vanilla market consumption decreased by -X% annually. The highest annual rates of growth in terms of vanilla consumption between 2007 and 2015 were registered in India, with a +X% growth, due to the increased number of va
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Although widely considered a standard commodity, vanilla requires highly labor-intensive methods of cultivation that make it the second most expensive spice in the world, surpassed only by saffron.
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France dominates in the global vanilla trade. In 2014, France exported X thousand tons of vanilla totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total vanilla exports in val
