What is the price of vanilla per kilogram/pound in Indonesia today?
The retail price range for Indonesia vanilla is between US$ 21.78 and US$ 54.44 per kilogram or between US$ 9.88 and US$ 24.69 per pound(lb). Click here to see today's exact prices of vanilla in Indonesia
The retail price range in Rupiah for vanilla is between IDR 362,963.33 and IDR 907,408.33 per kilogram or between IDR 164,609.22 and IDR 411,523.05 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia vanilla is between US$ 15.24 and US$ 38.11 per kilogram or between US$ 6.91 and US$ 17.28 per pound(lb).
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Indonesia Vanilla Export Prices - Historical, Trends and Prediction
The export price per kilogram of Vanilla from Indonesia over the last five years has seen a significant increase. In 2017, the price was 307.05 US dollars per kilogram, and in 2021, it was 115.41 US dollars per kilogram. This represents a decrease of 62.3% in the last five years. The highest price was in 2016, when it was 116.93 US dollars per kilogram. The lowest price was in 2022, when it was 58.19 US dollars per kilogram. Based on this data, it is predicted that the export price per kilogram of Vanilla from Indonesia in 2023 will be around 33.78 US dollars per kilogram, and in 2024, it will be around 18.45 US dollars per kilogram.The Indonesia vanilla exports are classified as:
- Vanilla, crushed or ground (HS code 090520)
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla (HS code 090500)
Indonesia Vanilla Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vanilla into Indonesia has seen a significant increase over the last five years. In 2016, the price was 116.93 US dollars per kg, and this increased to 307.05 US dollars per kg in 2017. This was followed by a peak of 362.90 US dollars per kg in 2018, before dropping to 267.73 US dollars per kg in 2019. The price then decreased further to 165.97 US dollars per kg in 2020, and 115.41 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Vanilla into Indonesia was 58.19 US dollars per kg in 2022. Based on this data, it is predicted that the import price per kilogram of Vanilla into Indonesia will remain relatively stable in the next two years. It is expected that the price will be around 55.00 US dollars per kg in 2023, and 52.00 US dollars per kg in 2024.Export values for Indonesia vanilla
The total values in export for vanilla in Indonesia were US$ 70,859, US$ 90,579, US$ 74,031 and US$ 69,610 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 Indonesia: Garlic, Pepper, Capsicum (Bell Pepper), Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of vanilla in other countries across Asia: Kazakhstan vanilla, Kyrgyzstan vanilla, Tajikistan vanilla, Turkmenistan vanilla, Uzbekistan vanilla, China vanilla, Hong Kong vanilla, Macao vanilla, North Korea vanilla & Mongolia vanilla.
Indonesia vanilla - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia exported 260 tonnes of vanilla. Through 2019 alone, the demand for Indonesia vanilla (herbs and spices category) has escalated, flactuating by 27.451 % compared to the year 2018. Between 2017 and 2019, vanilla's exports went down by -11.86 percent bringing the country US$69.61m for the year 2019. Indonesia's vanilla exports are categorised as:
- Vanilla (HS code 090500)
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla, crushed or ground (HS code 090520)
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Indonesia vanilla export values
In 2019, Indonesia exported vanilla costing 69.61m USD, a drop of -5.97% from 2018's total vanilla export of 74.031m USD. The annual reduction in value of Indonesia vanilla between 2017 to 2018 was -18.269 percent.
The annual change in the quantity of Indonesia's vanilla exports between 2017 and 2019 was -11.86% in comparison to a variation of 27.451% in the period between 2018 and 2019.
Indonesia's share of the world's total vanilla's exports in 2019 was 5.3%. Indonesia is ranked position 4 in world exports of vanilla.
Export markets for Indonesia vanilla ( in '000$ )
Indonesia's top export markets for vanilla are US, Canada, Germany, India and the Netherlands.
Import/Export Trends
Indonesia is a net exporter of vanilla. The annual growth of Indonesia vanilla in value between 2015 to 2019 was 11%, per year, while annual growth in quantity through the same period was 8%, per annum.
Indonesia bought 104 tonnes of vanilla in 2019.
Production
The production of vanilla in Indonesia was 6,987 tonnes in 2019 and is estimated to change by an average of -1.15%. The country had approximately 60,858.00 hectares under vanilla cultivation.