Price for Spices; Vanilla, Crushed or Ground in Ukraine - 2023
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Ukraine (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Ukraine (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Ukraine
- Exports of Spices; Vanilla, Crushed or Ground in Ukraine
Price for Spices; Vanilla, Crushed or Ground in Ukraine (CIF) - 2022
The average import price for spices; vanilla, crushed or ground stood at $64,839 per ton in 2022, approximately mirroring the previous year. In general, the import price enjoyed a prominent expansion. The growth pace was the most rapid in 2018 an increase of 470% against the previous year. As a result, import price reached the peak level of $227,140 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($138,308 per ton), while the price for Madagascar stood at $11,778 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+28.2%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Vanilla, Crushed or Ground in Ukraine (FOB) - 2022
The average export price for spices; vanilla, crushed or ground stood at $9,333 per ton in 2022, increasing by 169% against the previous year. Over the period under review, the export price saw significant growth. The growth pace was the most rapid in 2015 when the average export price increased by 2,157% against the previous year. As a result, the export price reached the peak level of $20,958 per ton. From 2016 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 Greece ($26,000 per ton), while the average price for exports to Seychelles ($1,000 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+390.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Vanilla, Crushed or Ground in Ukraine
In 2022, supplies from abroad of spices; vanilla, crushed or ground decreased by -70.5% to 31 kg, falling for the second consecutive year after two years of growth. Overall, imports saw a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 416% against the previous year. As a result, imports attained the peak of 325 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, spices; vanilla, crushed or ground imports shrank notably to $2K in 2022. In general, imports saw a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spices; Vanilla, Crushed or Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.9 | 4.6 | 3.4 | 1.8 | -22.7% |
| Madagascar | 0.5 | 5.1 | 1.0 | 0.2 | -26.3% |
| Austria | N/A | 2.2 | 2.4 | N/A | 9.1% |
| France | 4.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.3 | 11.8 | 6.7 | 2.0 | -37.8% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Ukraine in 2022:
- Madagascar (18.0 kg)
- Belgium (13.0 kg)
Exports of Spices; Vanilla, Crushed or Ground in Ukraine
In 2022, overseas shipments of spices; vanilla, crushed or ground decreased by -82.4% to 3 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 188% against the previous year. As a result, the exports attained the peak of 46 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices; vanilla, crushed or ground exports contracted dramatically to $28 in 2022. Overall, exports faced a sharp contraction. The growth pace was the most rapid in 2020 with an increase of 955% against the previous year. As a result, the exports reached the peak of $844. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Spices; Vanilla, Crushed or Ground in Ukraine (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 26.0 | 0% |
| Seychelles | 4.0 | 5.0 | N/A | 1.0 | -37.0% |
| Estonia | 1.0 | 4.0 | N/A | 1.0 | 0.0% |
| Bulgaria | 68.0 | 47.0 | N/A | N/A | -30.9% |
| Belize | N/A | N/A | 3.0 | N/A | 0% |
| United Kingdom | 1.0 | N/A | 16.0 | N/A | 300.0% |
| Malta | 3.0 | N/A | 5.0 | N/A | 29.1% |
| Azerbaijan | N/A | 780 | N/A | N/A | 0% |
| Others | 3.0 | 8.0 | 35.0 | N/A | 241.6% |
| Total | 80.0 | 844 | 59.0 | 28.0 | -29.5% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Ukraine in 2022:
- Seychelles (1.0 kg)
- Estonia (1.0 kg)
- Greece (1.0 kg)
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This report provides an in-depth analysis of the vanilla market in Ukraine.
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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 Ukraine.
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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
5088
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
5245
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
