Price for Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates - 2022
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates (FOB) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates (CIF) - 2022
- Exports of Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates
- Imports of Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates
Price for Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates (FOB) - 2022
The average export price for vanilla stood at $5,001 per ton in 2022, with a decrease of -89.2% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2019 when the average export price increased by 354%. As a result, the export price attained the peak level of $103,914 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Madagascar ($268,061 per ton), while the average price for exports to Uganda ($2,627 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 Kuwait (+48.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates (CIF) - 2022
The average import price for vanilla stood at $107,527 per ton in 2022, declining by -49.5% against the previous year. In general, the import price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 165% against the previous year. As a result, import price reached the peak level of $318,157 per ton. From 2019 to 2022, the average import prices remained at a 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 ($150,404 per ton), while the price for Morocco ($923 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+57.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates
In 2022, the amount of vanilla exported from the United Arab Emirates soared to 358 tons, rising by 10,338% on the year before. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vanilla soared to $1.8M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | 3.9 | N/A | 884 | 1405.5% |
| Madagascar | 100 | 79.7 | 111 | 623 | 84.0% |
| Kuwait | 0.1 | 0.4 | 1.9 | 92.4 | 874.0% |
| Bahrain | 0.1 | 0.4 | 2.5 | 25.9 | 537.4% |
| Others | 10.3 | 15.5 | 43.0 | 166 | 152.6% |
| Total | 111 | 99.8 | 159 | 1,791 | 152.7% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from the United Arab Emirates in 2022:
- Uganda (336.5 tons)
- Bahrain (9.6 tons)
- Kuwait (5.4 tons)
- Madagascar (2.3 tons)
Imports of Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates
In 2022, after three years of growth, there was significant decline in supplies from abroad of vanilla, when their volume decreased by -39.2% to 12 tons. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, imports attained the peak of 20 tons, and then shrank notably in the following year.
In value terms, imports of vanilla declined notably to $1.3M in 2022. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 79% against the previous year. As a result, imports reached the peak of $4.3M, and then reduced remarkably in the following year.
| Import of Spices; Vanilla, Not Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 782 | 746 | 1,445 | 1,063 | 10.8% |
| France | 55.9 | 112 | 221 | 158 | 41.4% |
| Comoros | 25.4 | 32.5 | 117 | 20.4 | -7.0% |
| Morocco | N/A | N/A | N/A | 0.6 | 0% |
| India | 236 | 188 | 103 | 0.2 | -90.5% |
| China | N/A | 51.1 | N/A | N/A | 0% |
| Saudi Arabia | 282 | 63.0 | 278 | N/A | -0.7% |
| Others | 685 | 1,202 | 2,117 | 71.9 | -52.8% |
| Total | 2,066 | 2,395 | 4,281 | 1,314 | -14.0% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to the United Arab Emirates in 2022:
- Madagascar (7.1 tons)
- France (3.6 tons)
- Morocco (0.6 tons)
- Comoros (0.4 tons)
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This report provides an in-depth analysis of the vanilla market in the United Arab Emirates.
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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 United Arab Emirates.
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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
