Price for Spices; Vanilla, Crushed or Ground in Ireland - 2023
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Ireland (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Ireland (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Ireland
- Exports of Spices; Vanilla, Crushed or Ground in Ireland
Price for Spices; Vanilla, Crushed or Ground in Ireland (CIF) - 2022
The average import price for spices; vanilla, crushed or ground stood at $23,463 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a tangible increase. The growth pace was the most rapid in 2020 an increase of 168%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
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 the Netherlands ($53,500 per ton), while the price for Switzerland ($5,626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+68.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Crushed or Ground in Ireland (FOB) - 2022
In 2022, the average export price for spices; vanilla, crushed or ground amounted to $1,000 per ton, stabilizing at the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 48%. As a result, the export price reached the peak level of $8,952 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,000 per ton), while the average price for exports to Canada ($1,000 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 the UK (+65.6%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Vanilla, Crushed or Ground in Ireland
In 2022, the amount of spices; vanilla, crushed or ground imported into Ireland amounted to 4.8 tons, remaining stable against the year before. Over the period under review, imports faced a sharp setback. The smallest decline of -60.9% was in 2020.
In value terms, spices; vanilla, crushed or ground imports stood at $113K in 2022. In general, imports saw a measured expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 4.6%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Spices; Vanilla, Crushed or Ground in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 89.9 | 62.7 | N/A | 73.0 | -6.7% |
| France | 3.9 | 0.6 | N/A | 17.4 | 64.6% |
| Netherlands | N/A | N/A | N/A | 4.9 | 0% |
| Poland | N/A | N/A | N/A | 4.4 | 0% |
| Italy | N/A | N/A | N/A | 2.6 | 0% |
| Mauritius | N/A | N/A | N/A | 1.6 | 0% |
| Switzerland | N/A | N/A | N/A | 0.6 | 0% |
| Spain | 2.9 | N/A | N/A | N/A | 0% |
| Others | 9.2 | 47.4 | N/A | 9.0 | -0.7% |
| Total | 106 | 111 | N/A | 113 | 2.2% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Ireland in 2022:
- United Kingdom (3434.0 kg)
- France (594.0 kg)
- Poland (204.0 kg)
- Mauritius (197.0 kg)
- Switzerland (107.0 kg)
- Netherlands (92.0 kg)
- Italy (83.0 kg)
Exports of Spices; Vanilla, Crushed or Ground in Ireland
In 2022, overseas shipments of spices; vanilla, crushed or ground decreased by 0% to 3 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a precipitous slump. The smallest decline of 99.9% was in 2020.
In value terms, spices; vanilla, crushed or ground exports stood at $3 in 2022. Overall, exports showed a precipitous shrinkage. The smallest decline of 99.9% was in 2020.
| Export of Spices; Vanilla, Crushed or Ground in Ireland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 1.0 | 0% |
| Netherlands | N/A | N/A | 1.0 | 1.0 | 0.0% |
| Malta | N/A | N/A | 1.0 | 1.0 | 0.0% |
| Belgium | 120 | N/A | N/A | N/A | 0% |
| Luxembourg | 938 | N/A | 1.0 | N/A | -96.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,058 | N/A | 3.0 | 3.0 | -85.8% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Ireland in 2022:
- Canada (1.0 kg)
- Netherlands (1.0 kg)
- Malta (1.0 kg)
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This report provides an in-depth analysis of the vanilla market in Ireland.
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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 Ireland.
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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
2223
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
