Price for Spices; Vanilla, Not Crushed or Ground in Slovenia - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Slovenia (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Slovenia (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Slovenia
- Exports of Spices; Vanilla, Not Crushed or Ground in Slovenia
Price for Spices; Vanilla, Not Crushed or Ground in Slovenia (CIF) - 2022
In 2022, the average import price for vanilla amounted to $152,128 per ton, with a decrease of -16.9% against the previous year. In general, the import price, however, continues to indicate a moderate expansion. The growth pace was the most rapid in 2017 an increase of 138%. Over the period under review, average import prices hit record highs at $592,188 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($398,868 per ton), while the price for Italy ($43,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in Slovenia (FOB) - 2022
In 2021, the average export price for vanilla amounted to $11,848 per ton, surging by 71% against the previous year. Over the period under review, the export price posted a noticeable increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 363%. Over the period under review, the average export prices reached the peak figure at $341,333 per ton in 2017; however, from 2018 to 2021, the 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 Montenegro ($12,205 per ton), while the average price for exports to Germany totaled $4,000 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+148.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Slovenia
In 2022, the amount of vanilla imported into Slovenia soared to 2.7 tons, with an increase of 46% on 2021 figures. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vanilla surged to $413K in 2022. In general, imports, however, recorded a abrupt decrease.
| Import of Spices; Vanilla, Not Crushed or Ground in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.1 | 129 | 162 | 312 | 323.8% |
| Austria | 24.0 | 103 | 123 | 56.2 | 32.8% |
| Germany | 13.3 | 83.9 | 33.1 | 21.1 | 16.6% |
| Croatia | N/A | 16.7 | 11.1 | 10.6 | -20.3% |
| Papua New Guinea | N/A | N/A | N/A | 5.8 | 0% |
| Italy | 1.1 | 0.2 | 0.9 | 2.5 | 31.5% |
| Madagascar | 666 | N/A | 0.4 | N/A | -97.5% |
| Others | 0.8 | 4.2 | 8.1 | 4.4 | 76.5% |
| Total | 710 | 337 | 339 | 413 | -16.5% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Slovenia in 2022:
- France (2211.0 kg)
- Croatia (177.0 kg)
- Austria (146.0 kg)
- Italy (58.0 kg)
- Germany (53.0 kg)
- Papua New Guinea (44.0 kg)
Exports of Spices; Vanilla, Not Crushed or Ground in Slovenia
In 2021, after two years of growth, there was significant decline in overseas shipments of vanilla, when their volume decreased by -34.3% to 46 kg. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 3,400% against the previous year. As a result, the exports attained the peak of 70 kg, and then declined significantly in the following year.
In value terms, exports of vanilla rose notably to $545 in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 1,693% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to continue growth in the immediate term.
| Export of Spices; Vanilla, Not Crushed or Ground in Slovenia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Montenegro | N/A | 484 | 537 | 11.0% | |
| Germany | N/A | N/A | 8.0 | 0% | |
| Others | 27.0 | N/A | N/A | 0% | |
| Total | 27.0 | 484 | 545 | 349.3% | |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Slovenia in 2022:
- Montenegro (44.0 kg)
- Germany (2.0 kg)
185
This report provides an in-depth analysis of the vanilla market in Slovenia.
16007
This report provides an in-depth analysis of the global vanilla market.
185
This report provides an in-depth analysis of the vanilla market in Slovenia.
16007
This report provides an in-depth analysis of the global vanilla market.
5210
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
2283
Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
1982
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
5036
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
2240
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.
2397
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.
8346
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
2223
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.
1347
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
5210
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
