Price for Spices; Vanilla, Crushed or Ground in the Czech Republic - 2023
Contents:
- Price for Spices; Vanilla, Crushed or Ground in the Czech Republic (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in the Czech Republic (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in the Czech Republic
- Exports of Spices; Vanilla, Crushed or Ground in the Czech Republic
Price for Spices; Vanilla, Crushed or Ground in the Czech Republic (CIF) - 2022
In 2022, the average import price for spices; vanilla, crushed or ground amounted to $168,553 per ton, which is down by -38.7% against the previous year. Overall, the import price, however, recorded a significant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 86% against the previous year. Over the period under review, average import prices attained the maximum at $310,517 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 ($313,733 per ton), while the price for Germany ($70,655 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Crushed or Ground in the Czech Republic (FOB) - 2022
The average export price for spices; vanilla, crushed or ground stood at $91,139 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $187,948 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($526,660 per ton), while the average price for exports to Germany ($75,628 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 Slovakia (+16.2%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Vanilla, Crushed or Ground in the Czech Republic
In 2022, after three years of growth, there was significant decline in purchases abroad of spices; vanilla, crushed or ground, when their volume decreased by -26% to 4.3 tons. Overall, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 39% against the previous year.
In value terms, spices; vanilla, crushed or ground imports declined sharply to $717K in 2022. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 64%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Spices; Vanilla, Crushed or Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 606 | 709 | 943 | 401 | -12.9% |
| Germany | 304 | 670 | 358 | 123 | -26.0% |
| France | 31.3 | 169 | 111 | 90.7 | 42.6% |
| Uganda | N/A | N/A | 28.8 | 37.3 | 29.5% |
| Indonesia | 17.7 | 24.1 | 46.2 | 19.0 | 2.4% |
| Others | 72.3 | 121 | 92.1 | 46.3 | -13.8% |
| Total | 1,032 | 1,694 | 1,580 | 717 | -11.4% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to the Czech Republic in 2022:
- Germany (1738.0 kg)
- Madagascar (1277.0 kg)
- France (812.0 kg)
- Uganda (191.0 kg)
- Indonesia (123.0 kg)
Exports of Spices; Vanilla, Crushed or Ground in the Czech Republic
In 2022, overseas shipments of spices; vanilla, crushed or ground decreased by -83.6% to 1.7 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2020 when exports increased by 78% against the previous year. As a result, the exports attained the peak of 35 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spices; vanilla, crushed or ground exports contracted dramatically to $152K in 2022. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, the exports reached the peak of $4.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Spices; Vanilla, Crushed or Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,953 | 4,338 | 788 | 118 | -65.8% |
| Slovakia | 29.8 | 35.2 | 29.6 | 24.8 | -5.9% |
| Poland | 0.3 | 0.6 | 2.2 | 5.8 | 168.4% |
| Others | 3.1 | 15.5 | 9.8 | 3.2 | 1.1% |
| Total | 2,986 | 4,389 | 830 | 152 | -62.9% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from the Czech Republic in 2022:
- Germany (1563.0 kg)
- Poland (47.0 kg)
- Slovakia (47.0 kg)
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This report provides an in-depth analysis of the vanilla market in the Czech Republic.
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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 Czech Republic.
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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
