PRICE PER KG OF VANILLA PODS — HARVEST AND PRICES
PRICE PER KG OF VANILLA PODS — HARVEST AND PRICES
How much does a kilo of vanilla beans cost?
Each year, the price per kilogram of vanilla beans fluctuates.
How did this happen?
How can we get to price explosions or price crises on vanilla beans by the kilo?
1 — PRICE OF VANILLA PER KILO — MANUFACTURERS
The vanilla industry is an expert-driven market. Numerous criteria must be considered.
Vanilla beans are first used by the culinary sector. Vanilla is the most widely used flavoring on a global scale.
It is unquestionably superior than genuine coffee and chocolate flavors.
Numerous commercial recipes call for the use of actual vanilla beans in the production of ice creams, yoghurts, and desserts.
This may be accomplished by the use of vanilla powder, vanilla extracts, or natural vanilla flavorings.
It is also utilized in some beverages; for example, Coca-Cola is the world’s largest user of vanilla, absorbing around 10% of global output.
Vanilla substitutes may be used in industrial recipes (synthetic vanillin, natural vanillin extracted from the fermentation of rice, clove,…).
It takes a significant amount of time to modify an industry-validated recipe (standards, sourcing, taste quality of the final product).
Synthetic vanilla will never be able to replicate the precision and aromatic amplitude of genuine vanilla beans.
The makers of vanilla beans are well aware of this. Additionally, they are familiar with customers’ preferences and palates.
Madagascar vanilla
2 — DISTURBANCES IN THE CLIMATIC SYSTEM HAVE A DIRECT IMPACT ON THE PRICES OF VANILLA
Crops are also becoming more vulnerable to climate threats.
Recently, Madagascar was hit by a storm that destroyed a large portion of the country’s vanilla crops in the country’s north-eastern region, the SAVA.
This was appalling for an area that produces 80 percent of the world’s supply.
All of the effort accomplished in recent years was washed away in a matter of hours.
If one of these producing locations in Indonesia, Papua, India, or Madagascar suffers a natural calamity, the vanilla market responds instantly.
3 — CHINA AND BRAZIL ARE THE NEW VANILLA CONSUMER COUNTRIES
The Chinese and Brazilians have been in love with vanilla for some years.
Vanilla consumption has surged in various nations. This feminine and seductive perfume is adored by the majority of palates globally, much as chocolate.
It’s tough to resist the allure of vanilla ice cream or desserts prepared with actual vanilla beans.
Vanilla has the virtue of being a simple ingredient to include into recipes. It complements both sweet and savory foods (chicken with vanilla, scallops with curry and vanilla).
Global demand, which has been expanding at a 3% pace over the previous several years, is on the verge of accelerating.
This results in a vanilla price per kilo that has stabilized at a much higher level than it was a few years ago.
4 — VANILLA’S QUALITY
Within a single nation, the price of vanilla might vary dramatically.
Then it will be required to focus on the following:
The relative humidity
The manufacturing area
The pods’ maturity
Their content of vanillin
Their overall fragrance
5 — ABOVE AND BEYOND THE PER KILO PRICE OF VANILLA — THE SECRET
Simply because a vanilla bean originates in Madagascar or Papua New Guinea does not guarantee it is superior.
As with wine, each nation produces a variety of various characteristics.
The answer to comprehending and mastering the vanilla market is to never stop learning.
Receiving samples, spending months sourcing, maintaining regular touch with producers and collectors…
As with the outstanding wines of our vineyards and cuisine in general, the key is a passion for the work and a determination to do it well.
Passion and, perhaps, the narrative of a lifetime stem from love. The pursuit of ever-increasing quality, novel flavors, and vanilla delight.
I’ve chosen to devote my life to two interests: my spouse and vanilla.
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