Price for Spices; Vanilla, Crushed or Ground in Croatia - 2023
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Croatia (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Croatia (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Croatia
- Exports of Spices; Vanilla, Crushed or Ground in Croatia
Price for Spices; Vanilla, Crushed or Ground in Croatia (CIF) - 2022
In 2022, the average import price for spices; vanilla, crushed or ground amounted to $203,142 per ton, dropping by -2.7% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2016 an increase of 77% against the previous year. The import price peaked at $208,789 per ton in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($280,156 per ton), while the price for Italy ($22,367 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Crushed or Ground in Croatia (FOB) - 2022
In 2022, the average export price for spices; vanilla, crushed or ground amounted to $275,720 per ton, jumping by 18% against the previous year. Overall, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 91%. Over the period under review, the average export prices reached the peak figure at $284,500 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($470,000 per ton), while the average price for exports to Spain stood at $275,459 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+18.0%).
Imports of Spices; Vanilla, Crushed or Ground in Croatia
After three years of growth, overseas purchases of spices; vanilla, crushed or ground decreased by -8.8% to 2.1 tons in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 243% against the previous year. As a result, imports attained the peak of 2.3 tons, and then declined in the following year.
In value terms, spices; vanilla, crushed or ground imports fell to $426K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 319% against the previous year. As a result, imports reached the peak of $480K, and then fell in the following year.
| Import of Spices; Vanilla, Crushed or Ground in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 12.9 | 17.4 | 90.8 | 311 | 188.9% |
| France | 9.2 | 57.0 | 127 | 84.4 | 109.3% |
| Germany | 23.3 | 29.6 | 27.8 | 21.9 | -2.0% |
| Italy | 0.8 | 0.8 | 0.7 | 3.3 | 60.4% |
| Poland | 5.7 | 5.5 | 6.4 | 3.3 | -16.7% |
| Spain | N/A | N/A | 226 | N/A | 0% |
| Others | 2.3 | 4.3 | 2.2 | 2.2 | -1.5% |
| Total | 54.4 | 115 | 480 | 426 | 98.6% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Croatia in 2022:
- Hungary (1111.0 kg)
- France (637.0 kg)
- Germany (169.0 kg)
- Italy (147.0 kg)
- Poland (22.0 kg)
Exports of Spices; Vanilla, Crushed or Ground in Croatia
In 2022, overseas shipments of spices; vanilla, crushed or ground decreased by -26.5% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 74,250% against the previous year. As a result, the exports reached the peak of 1.5 tons, and then contracted remarkably in the following year.
In value terms, spices; vanilla, crushed or ground exports contracted to $301K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 141,788% against the previous year. As a result, the exports reached the peak of $348K, and then dropped in the following year.
| Export of Spices; Vanilla, Crushed or Ground in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 342 | 300 | -12.3% |
| Others | 0.4 | 0.2 | 5.5 | 1.7 | 62.0% |
| Total | 0.4 | 0.2 | 348 | 301 | 809.6% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Croatia in 2022:
- Spain (1088.0 kg)
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This report provides an in-depth analysis of the vanilla market in Croatia.
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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 Croatia.
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This report provides an in-depth analysis of the global vanilla market.
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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
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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
