World - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
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Vanilla market: get new information featured by an Ai-driven business intelligence platform. Statistics provide production, companies, market prices, trade, consumption, exports, market size, and imports. Here is a split by region, including Africa, EU, China, the U.K., Latin America, Russia, the Middle East, and the U.S. Market dynamics and outlook to 2030 are also provided in the reports.
Vanilla - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Indonesia |
| 2 | United States |
| 3 | France |
| 4 | Mexico |
| 5 | Germany |
In value terms, Indonesia, the United States and France constituted the countries with the highest levels of market value in 2021, with a combined 58% share of the global market. Mexico, Germany, China, Uganda, Canada, Papua New Guinea, Australia, the Czech Republic, Spain and Syrian Arab Republic lagged somewhat behind, together accounting for a further 28%.
In terms of the main consuming countries, Spain saw the highest rates of growth with regard to market size, over the period under review, while vanilla market for the other global leaders experienced more modest paces of growth.
Vanilla Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Turkey | 4389 | 4058 | 4058 | -3.8% |
| China | 9119 | 7899 | 7899 | -6.9% |
| United States | 15957 | 32958 | 30460 | 38.2% |
| Belgium | 32656 | 35267 | 39740 | 10.3% |
| United Kingdom | 29942 | 146774 | 44355 | 21.7% |
| Papua New Guinea | 134633 | 110408 | 112528 | -8.6% |
| Netherlands | 53082 | 146741 | 146741 | 66.3% |
| Indonesia | 273660 | 181852 | 205821 | -13.3% |
| France | 261646 | 206090 | 235809 | -5.1% |
| Germany | 320682 | 295208 | 326965 | 1.0% |
| Madagascar | 354675 | 213756 | 331438 | -3.3% |
| Canada | 401488 | 249409 | 357081 | -5.7% |
| Average | 227334 | 155066 | 207354 | -4.5% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($357,081 per ton), while Turkey ($4,058 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+66.3% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 377268 | 252846 | 338509 | -5.3% |
| Germany | 271067 | 223722 | 285775 | 2.7% |
| France | 269488 | 158493 | 236443 | -6.3% |
| Netherlands | 133956 | 227179 | 220527 | 28.3% |
| Canada | 171229 | 164081 | 180028 | 2.5% |
| Indonesia | 49192 | 84880 | 84880 | 31.4% |
| Australia | 57700 | 77179 | 69404 | 9.7% |
| United Kingdom | 68826 | 60500 | 60663 | -6.1% |
| Belgium | 42037 | 50484 | 53782 | 13.1% |
| Czech Republic | 66127 | 40300 | 40300 | -21.9% |
| Spain | 35062 | 22881 | 24154 | -17.0% |
| Saudi Arabia | 11337 | 7256 | 7256 | -20.0% |
| Syrian Arab Republic | 3541 | 3083 | 3083 | -6.7% |
| Average | 197830 | 147528 | 182947 | -3.8% |
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($338,509 per ton), while Syrian Arab Republic ($3,083 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced more modest paces of growth.
Vanilla - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.5 | 0.4 | 0.5 | -1.5% |
| France | 0.2 | 0.1 | 0.2 | -0.1% |
| Germany | 0.1 | 0.1 | 0.1 | 3.6% |
| Canada | 0.07 | 0.04 | 0.06 | -8.3% |
| Netherlands | 0.02 | 0.04 | 0.04 | 33.7% |
In value terms, the United States ($510M) constitutes the largest market for imported vanilla worldwide, comprising 42% of global imports. The second position in the ranking was occupied by France ($206M), with a 17% share of global imports. It was followed by Germany, with a 11% share.
From 2019 to 2021, the average annual growth rate of value in the United States totaled -1.5%. In the other countries, the average annual rates were as follows: France (-0.1% per year) and Germany (+3.6% per year).
Vanilla - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Madagascar | 0.9 | 0.5 | 0.8 | -1.4% |
| France | 0.1 | 0.07 | 0.09 | -5.1% |
| Indonesia | 0.09 | 0.07 | 0.08 | -3.5% |
| Germany | 0.07 | 0.06 | 0.07 | -0.9% |
| Canada | 0.07 | 0.03 | 0.05 | -9.3% |
In value terms, Madagascar ($839M) remains the largest vanilla supplier worldwide, comprising 65% of global exports. The second position in the ranking was occupied by France ($89M), with a 6.9% share of global exports. It was followed by Indonesia, with a 6.5% share.
In Madagascar, vanilla exports declined by an average annual rate of -1.4% over the period from 2019-2021. In the other countries, the average annual rates were as follows: France (-5.1% per year) and Indonesia (-3.5% per year).
Vanilla - Market Forecast
Driven by rising demand for vanilla worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Vanilla - Product Coverage
- HS 0905 - Vanilla
This report provides an in-depth analysis of the global vanilla market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 692 - Vanilla
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
5406
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
2853
Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
2195
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
5257
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
2567
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.
2999
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.
8827
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
2448
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.
1483
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
