Price for Spices; Vanilla, Not Crushed or Ground in Egypt - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Egypt (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Egypt (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Egypt
- Exports of Spices; Vanilla, Not Crushed or Ground in Egypt
Price for Spices; Vanilla, Not Crushed or Ground in Egypt (CIF) - 2022
The average import price for vanilla stood at $188,634 per ton in 2022, dropping by -14.8% against the previous year. Overall, the import price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 a decrease of -11.4% against the previous year. The import price peaked at $249,846 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 South Africa ($193,243 per ton), while the price for China ($8,000 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by France (+32.2%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Vanilla, Not Crushed or Ground in Egypt (FOB) - 2022
The average export price for vanilla stood at $308,900 per ton in 2022, growing by 1,717% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The export price peaked at $372,394 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2020 to 2022, the rate of growth in terms of prices for Sweden amounted to +158.0% per year.
Imports of Spices; Vanilla, Not Crushed or Ground in Egypt
In 2022, approx. 41 kg of vanilla were imported into Egypt; increasing by 86% against the previous year. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vanilla soared to $7.7K in 2022. In general, total imports indicated a buoyant increase from 2020 to 2022: its value increased at an average annual rate of +9.1% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices; Vanilla, Not Crushed or Ground in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| South Africa | 3.7 | 2.0 | 7.2 | 39.5% | |
| France | 2.4 | 0.5 | 0.6 | -50.0% | |
| China | N/A | N/A | N/A | 0% | |
| Madagascar | N/A | 0.8 | N/A | 0% | |
| Others | 0.4 | 1.6 | N/A | 300.0% | |
| Total | 6.5 | 4.9 | 7.7 | 8.8% | |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Egypt in 2022:
- South Africa (37.0 kg)
- France (3.0 kg)
- China (1.0 kg)
Exports of Spices; Vanilla, Not Crushed or Ground in Egypt
In 2022, the amount of vanilla exported from Egypt soared to 20 kg, growing by 400% compared with the previous year. In general, exports, however, continue to indicate a sharp setback.
In value terms, exports of vanilla skyrocketed to $6.2K in 2022. Over the period under review, exports, however, recorded a sharp descent.
| Export of Spices; Vanilla, Not Crushed or Ground in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Sweden | 0.3 | N/A | 3.1 | 221.5% | |
| Jordan | 11.5 | N/A | N/A | 0% | |
| Kuwait | N/A | 0.1 | N/A | 0% | |
| Czech Republic | 0.2 | N/A | N/A | 0% | |
| Others | 0.2 | N/A | 3.1 | 293.7% | |
| Total | 12.3 | 0.1 | 6.2 | -29.0% | |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Egypt in 2022:
- Sweden (3.0 kg)
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This report provides an in-depth analysis of the vanilla market in Egypt.
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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 Egypt.
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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
