Price for Spices; Vanilla, Not Crushed or Ground in the Netherlands - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in the Netherlands (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in the Netherlands (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in the Netherlands
- Exports of Spices; Vanilla, Not Crushed or Ground in the Netherlands
Price for Spices; Vanilla, Not Crushed or Ground in the Netherlands (CIF) - 2022
In 2022, the average import price for vanilla amounted to $205,171 per ton, dropping by -12.9% against the previous year. In general, the import price, however, recorded a significant increase. The growth pace was the most rapid in 2016 when the average import price increased by 107% against the previous year. Over the period under review, average import prices reached the maximum at $295,309 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($254,906 per ton), while the price for the United States ($99,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in the Netherlands (FOB) - 2022
In 2022, the average export price for vanilla amounted to $97,919 per ton, which is down by -1.6% against the previous year. In general, the export price, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 an increase of 125% against the previous year. The export price peaked at $303,724 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Japan ($242,439 per ton), while the average price for exports to Belgium ($43,587 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 Germany (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in the Netherlands
After three years of growth, supplies from abroad of vanilla decreased by -10.3% to 193 tons in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 215 tons, and then fell in the following year.
In value terms, imports of vanilla fell markedly to $40M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year.
| Import of Spices; Vanilla, Not Crushed or Ground in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 14.3 | 32.6 | 46.4 | 32.4 | 31.3% |
| Indonesia | 2.3 | 2.5 | 0.8 | 1.8 | -7.8% |
| Uganda | N/A | N/A | 0.2 | 1.8 | 800.0% |
| United States | 0.5 | N/A | 0.7 | 1.6 | 47.4% |
| France | 2.2 | 1.3 | 1.4 | 1.1 | -20.6% |
| Switzerland | 1.4 | N/A | N/A | N/A | 0% |
| Others | 1.7 | 1.7 | 1.1 | 0.9 | -19.1% |
| Total | 22.4 | 38.1 | 50.7 | 39.6 | 20.9% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to the Netherlands in 2022:
- Madagascar (140.5 tons)
- Uganda (17.0 tons)
- United States (16.5 tons)
- Indonesia (9.2 tons)
- France (6.0 tons)
Exports of Spices; Vanilla, Not Crushed or Ground in the Netherlands
For the fourth year in a row, the Netherlands recorded growth in overseas shipments of vanilla, which increased by 22% to 243 tons in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 111% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of vanilla soared to $24M in 2022. Overall, exports, however, saw a slight shrinkage.
| Export of Spices; Vanilla, Not Crushed or Ground in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 15.6 | 10.6 | 12.3 | 12.9 | -6.1% |
| Germany | 0.3 | 1.2 | 3.8 | 5.9 | 169.9% |
| United States | 7.4 | 4.7 | 1.9 | 3.0 | -26.0% |
| Japan | 0.4 | 0.7 | 0.5 | 0.7 | 20.5% |
| Belgium | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| United Kingdom | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Others | 0.4 | 0.6 | 0.7 | 0.8 | 26.0% |
| Total | 24.8 | 18.4 | 19.8 | 23.8 | -1.4% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from the Netherlands in 2022:
- France (122.8 tons)
- United States (57.8 tons)
- Germany (44.2 tons)
- Belgium (7.0 tons)
- United Kingdom (4.4 tons)
- Japan (2.9 tons)
939
This report provides an in-depth analysis of the vanilla market in the Netherlands.
16024
This report provides an in-depth analysis of the global vanilla market.
939
This report provides an in-depth analysis of the vanilla market in the Netherlands.
16024
This report provides an in-depth analysis of the global vanilla market.
185
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.
5211
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
2287
Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
1984
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
5039
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
2242
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.
2404
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.
8360
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
2223
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.
1348
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
