What is the price of vanilla per kilogram/pound in Australia today?
The retail price range for Australia vanilla is between US$ 48.55 and US$ 135.94 per kilogram or between US$ 22.02 and US$ 61.65 per pound(lb). Click here to see today's exact prices of vanilla in Australia
The retail price range in Australian Dollar for vanilla is between AUD 73.03 and AUD 204.49 per kilogram or between AUD 33.12 and AUD 92.74 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia vanilla is between US$ 33.99 and US$ 95.16 per kilogram or between US$ 15.41 and US$ 43.16 per pound(lb).
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Australia Vanilla Export Prices - Historical, Trends and Prediction
The export price per kilogram of Vanilla from Australia over the last five years has been quite varied. In 2017, the price was 22.96 US dollars per kg, followed by a sharp increase to 58.62 US dollars per kg in 2018. The price then decreased to 53.05 US dollars per kg in 2019 and 48.81 US dollars per kg in 2020. 2021 saw a slight decrease to 48.00 US dollars per kg, and the most recent year, 2022, saw a further decrease to 32.72 US dollars per kg. Based on this data, it is predicted that the export price per kilogram of Vanilla from Australia in 2023 will be around 40.00 US dollars per kg, and in 2024 will be around 35.00 US dollars per kg.The Australia vanilla exports are categorised as:
- Vanilla, crushed or ground (HS code 090520)
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla (HS code 090500)
Australia Vanilla Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vanilla into Australia over the last five years has been quite volatile. In 2016, the price was 24.68 US dollars per kg, which was followed by a sharp decline in 2017 to 22.96 US dollars per kg. In 2018, the price rose significantly to 58.62 US dollars per kg, before dropping to 53.05 US dollars per kg in 2019. In 2020, the price dropped further to 48.81 US dollars per kg, and then to 48.00 US dollars per kg in 2021. The most recent data point is from 2022, where the price was 32.72 US dollars per kg. Based on the data, it is likely that the import price per kilogram of Vanilla into Australia will remain relatively stable in the next two years. We predict that the price in 2023 will be around 33.00 US dollars per kg, and in 2024 it will be around 33.50 US dollars per kg.Export values for Australia vanilla
The total values in export for vanilla in Australia were US$ 1,456, US$ 1,722, US$ 2,286 and US$ 2,016 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Australia: Garlic, Pepper, Capsicum (Bell Pepper), Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of vanilla in other countries across Oceania: Fiji vanilla, French Polynesia vanilla, Guam vanilla, Micronesia vanilla, New Caledonia vanilla, Papua New Guinea vanilla, Samoa vanilla, Solomon Islands vanilla, Tonga vanilla & Vanuatu vanilla.
Australia vanilla - Production, Exports, Imports, Seasons and HS Codes
The volume of vanilla shipped by Australia in 2020 was 85 metric tons. In 2019 Australia shipped 38 tonnes of vanilla. Across 2019 alone, the demand for Australia vanilla (herbs and spices category) has gone down, with a change of -2.564 pc compared to the year 2018. Between 2017 and 2019, vanilla's exports went down by -49.33 pc earning the exporter US$2.02m for the year 2019. Australia's vanilla exports are classified as:
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla, crushed or ground (HS code 090520)
- Vanilla (HS code 090500)
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Australia vanilla export values
In 2019, Australia supplied vanilla costing 2.02m USD, a reduction of -11.64% from 2018's total vanilla export of 2.286m USD. The annual reduction in value of Australia vanilla between 2017 to 2018 was 32.753 per cent.
The yearly change in the volume of Australia's vanilla exports between 2017 and 2019 was -49.33 pc compared to a variation of -2.564% in the period between 2018 and 2019.
Australia's stake of the world's total vanilla's exports in 2019 was less than 1%. The country is ranked position 48 in world exports of vanilla.
Export markets for Australia vanilla ( in '000$ )
Australia's top destinations for vanilla are US, Switzerland, Germany, United Kingdom (UK) and Poland.
Import/Export Trends
Australia is a net importer of vanilla. The annual growth of Australia vanilla in value between 2015 to 2019 was 11%, per year, while annual growth in quantity was 6%, per annum.
Australia imported 247 tonnes of vanilla in 2019.