Price for Spices; Vanilla, Crushed or Ground in Venezuela - 2022
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Venezuela (CIF) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Venezuela
Price for Spices; Vanilla, Crushed or Ground in Venezuela (CIF) - 2022
In 2022, the average import price for spices; vanilla, crushed or ground amounted to $6,556 per ton, flattening at the previous year. In general, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 52% against the previous year. Over the period under review, average import prices reached the maximum at $17,529 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Lebanon.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.4% per year.
Imports of Spices; Vanilla, Crushed or Ground in Venezuela
In 2022, approx. 1.7 tons of spices; vanilla, crushed or ground were imported into Venezuela; with an increase of 47% on the previous year's figure. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,565%. As a result, imports reached the peak of 1.8 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, spices; vanilla, crushed or ground imports surged to $11K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,412% against the previous year. As a result, imports attained the peak of $14K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spices; Vanilla, Crushed or Ground in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 0.6 | 1.0 | 7.3 | 10.9 | 162.9% |
| Turkey | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | 13.0 | N/A | N/A | 0% |
| Total | 0.6 | 14.5 | 7.3 | 10.9 | 162.9% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Venezuela in 2022:
- Lebanon (1.7 tons)
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This report provides an in-depth analysis of the vanilla market in Venezuela.
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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 Venezuela.
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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
