Price for Spices; Vanilla, Not Crushed or Ground in Russia - 2022
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Russia (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Russia (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Russia
- Exports of Spices; Vanilla, Not Crushed or Ground in Russia
Price for Spices; Vanilla, Not Crushed or Ground in Russia (CIF) - 2022
The average import price for vanilla stood at $66,897 per ton in 2022, reducing by -52.9% against the previous year. Over the period under review, the import price showed a mild contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 117% against the previous year. As a result, import price attained the peak level of $304,414 per ton. From 2019 to 2022, the average import prices remained 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 Germany ($156,050 per ton), while the price for Belarus ($41,849 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in Russia (FOB) - 2022
The average export price for vanilla stood at $328,985 per ton in 2022, jumping by 32% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 159% against the previous year. The export price peaked at $407,750 per ton in 2012; however, from 2013 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 Belarus ($496,179 per ton), while the average price for exports to Kazakhstan stood at $202,459 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+277.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Russia
In 2022, imports of vanilla into Russia contracted to 2.5 tons, with a decrease of -13.5% on the year before. Overall, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports attained the peak of 2.9 tons, and then contracted in the following year.
In value terms, imports of vanilla shrank sharply to $166K in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The smallest decline of -4.9% was in 2021.
| Import of Spices; Vanilla, Not Crushed or Ground in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 348 | 312 | 296 | 123 | -29.3% |
| Indonesia | 61.5 | 60.0 | 97.0 | 26.8 | -24.2% |
| Belarus | N/A | N/A | N/A | 10.0 | 0% |
| Germany | 5.8 | 4.0 | 3.5 | 6.2 | 2.2% |
| France | 10.5 | 3.4 | 6.7 | N/A | -20.1% |
| Others | 73.6 | 48.4 | 3.3 | N/A | -78.8% |
| Total | 499 | 428 | 407 | 166 | -30.7% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Russia in 2022:
- Madagascar (1879.0 kg)
- Indonesia (319.0 kg)
- Belarus (238.0 kg)
- Germany (40.0 kg)
Exports of Spices; Vanilla, Not Crushed or Ground in Russia
Exports of vanilla from Russia shrank markedly to 65 kg in 2022, declining by -59.4% compared with the year before. In general, exports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. As a result, the exports reached the peak of 160 kg, and then contracted sharply in the following year.
In value terms, exports of vanilla reduced rapidly to $21K in 2022. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 80% against the previous year. As a result, the exports reached the peak of $40K, and then declined notably in the following year.
| Export of Spices; Vanilla, Not Crushed or Ground in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 13.5 | 9.7 | 19.1 | 13.9 | 1.0% |
| Kazakhstan | 16.4 | 12.0 | 19.2 | 7.5 | -23.0% |
| Others | 0.6 | 0.6 | 1.7 | N/A | 68.3% |
| Total | 30.4 | 22.2 | 40.0 | 21.4 | -11.0% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Russia in 2022:
- Kazakhstan (37.0 kg)
- Belarus (28.0 kg)
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This report provides an in-depth analysis of the vanilla market in the Russian Federation.
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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 Russian Federation.
16417
This report provides an in-depth analysis of the global vanilla market.
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
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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
