What is the price of vanilla per kilogram/pound in Comoros today?
The retail price range for Comoros vanilla is between US$ 2.94 and US$ 6.87 per kilogram or between US$ 1.33 and US$ 3.11 per pound(lb). Click here to see today's exact prices of vanilla in Comoros
The retail price range in Comorian franc for vanilla is between KMF 1,337.59 and KMF 3,121.05 per kilogram or between KMF 606.62 and KMF 1,415.44 per pound(lb) in Moroni and Mutsamudu.
Wholesale prices
In 2024, the approximate wholesale price range for Comoros vanilla is between US$ 2.06 and US$ 4.81 per kilogram or between US$ 0.93 and US$ 2.18 per pound(lb).
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Comoros Vanilla Export Prices - Historical, Trends and Prediction
The export price per kilogram of Vanilla from Comoros over the last five years has seen a significant increase. In 2016, the export price was $229.70, and in 2021, it was $122.79. This represents a decrease of 46.7% over the five-year period. In 2017, the export price was $345.25, and in 2020, it was $238.21. This represents a decrease of 30.9% over the three-year period. Looking ahead, we can predict that the export price of Vanilla from Comoros in 2023 will be around $90.00 and in 2024 will be around $60.00.The exports of vanilla from Comoros are categorised as:
- Vanilla (HS code 090500)
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla, crushed or ground (HS code 090520)
Comoros Vanilla Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vanilla into Comoros over the last five years has seen a significant increase. In 2016, the price was $229.70, which rose to $345.25 in 2017 and further to $445.24 in 2018. The price then dropped to $370.53 in 2019, before decreasing further to $238.21 in 2020. The most recent data shows that the price has dropped to $122.79 in 2021. Looking ahead, it is likely that the import price per kilogram of Vanilla into Comoros will remain relatively stable in the next two years. We predict that the price will be around $125.00 in 2023 and $130.00 in 2024.Export values for Comoros vanilla
The total values in export for vanilla in Comoros were US$ 5,283, US$ 8,286, US$ 7,569 and US$ 7,040 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 Comoros: Garlic, Pepper, Capsicum (Bell Pepper), Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of vanilla in other countries across Africa: Algeria vanilla, Angola vanilla, Botswana vanilla, Burundi vanilla, Cameroon vanilla, Cape Verde vanilla, Central African Republic vanilla, Comoros vanilla, DRC Congo vanilla & Benin vanilla.
Comoros vanilla - Production, Exports, Imports, Seasons and HS Codes
In 2019 Comoros sold 18,812 tonnes of vanilla. For the year 2019 alone, the market for Comoros vanilla (herbs and spices category) has increased, changing by 13.895 per cent compared to the year 2018. Between 2017 and 2019, vanilla's exports went down by -19.98% earning the exporter US$7.04m for the year 2019. Comoros' vanilla exports are categorised as:
- Vanilla, crushed or ground (HS code 090520)
- Vanilla (HS code 090500)
- Vanilla, neither crushed nor ground (HS code 090510)
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Comoros vanilla export values
In 2019, Comoros exported vanilla valued at 7.04m USD, a decrease of -6.99% from 2018's total vanilla export of 7.569m USD. The yearly change in value of Comoros vanilla between 2017 to 2018 was -8.653 per cent.
The per year change in the quantity of Comoros' vanilla exports between 2017 and 2019 was -19.98 pc in comparison to a variation of 13.895% in the period between 2018 and 2019.
Export markets for Comoros vanilla ( in '000$ )
Comoros' best performing destinations for vanilla are Germany, France, India, Canada and United Arab Emirates (UAE).
Comoros bought 300 tonnes of vanilla in 2019.
Production
The production of vanilla in Comoros was 21 tonnes in 2019 and is estimated to change by an average of 0%. The country had approximately 84.00 hectares under vanilla cultivation.