What is the price of vanilla per kilogram/pound in Mauritius today?
The retail price range for Mauritius vanilla is between US$ 11.67 and US$ 21.40 per kilogram or between US$ 5.29 and US$ 9.70 per pound(lb). Click here to see today's exact prices of vanilla in Mauritius
The retail price range in Mauritius Rupee for vanilla is between MUR 533.36 and MUR 977.83 per kilogram or between MUR 241.89 and MUR 443.46 per pound(lb) in Port Louis and Beau Bassin-Rose Hill.
Wholesale prices
In 2024, the approximate wholesale price range for Mauritius vanilla is between US$ 8.17 and US$ 14.98 per kilogram or between US$ 3.70 and US$ 6.79 per pound(lb).
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Mauritius Vanilla Export Prices - Historical, Trends and Prediction
The export price per kilogram of Vanilla from Mauritius over the last five years has seen a significant increase. In 2016, the price was $260.70, and in 2021, it was $270.76. The highest price was in 2015, when it was $91.90. The lowest price was in 2020, when it was $228.19. The trend shows that the price of Vanilla from Mauritius is increasing steadily. It is expected that the price of Vanilla from Mauritius in 2023 and 2024 will be around $300 and $330 respectively.The Mauritius vanilla exports are classified as:
- Vanilla (HS code 090500)
- Vanilla, crushed or ground (HS code 090520)
- Vanilla, neither crushed nor ground (HS code 090510)
Mauritius Vanilla Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vanilla into Mauritius over the last five years has seen a significant increase. In 2016, the price was $260.70, followed by a sharp rise to $440.59 in 2017. This was followed by a slight decrease to $446.09 in 2018, before dropping to $418.57 in 2019. The price then dropped significantly to $228.19 in 2020, before rising again to $270.76 in 2021. Based on this trend, it is predicted that the import price per kilogram of Vanilla into Mauritius in 2023 will be around $320.00 and in 2024 will be around $370.00.Export values for Mauritius vanilla
The total values in export for vanilla in Mauritius were US$ 49,011, US$ 54,633, US$ 35,687 and US$ 19,254 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 Mauritius: 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.
Mauritius vanilla - Production, Exports, Imports, Seasons and HS Codes
In 2019 Mauritius exported 46 tonnes of vanilla. For the year 2019 alone, the interest in Mauritius vanilla (herbs and spices category) has reduced, with a change of -42.5 per cent compared to the year 2018. Between 2017 and 2019, vanilla's exports went down by -62.9 pc bringing the country US$19.25m for the year 2019. Mauritius' vanilla exports are categorised as:
- Vanilla, crushed or ground (HS code 090520)
- Vanilla (HS code 090500)
- Vanilla, neither crushed nor ground (HS code 090510)
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Mauritius vanilla export values
In 2019, Mauritius sold vanilla costing 19.25m USD, a drop of -46.06% from 2018's total vanilla export of 35.687m USD. The yearly reduction in value of Mauritius vanilla between 2017 to 2018 was -34.679 per cent.
The per year variation in the volume of Mauritius' vanilla exports between 2017 and 2019 was -62.9% when compared to a variation of -42.5% in the growth rate between 2018 and 2019.
Mauritius' stake of the world's total vanilla's exports in 2019 was 1.3 per cent. Mauritius is ranked number 20 in world exports of vanilla.
Export markets for Mauritius vanilla ( in '000$ )
Mauritius' best performing export markets for vanilla are US, Australia, Germany, India and France.
Import/Export Trends
Mauritius is a net exporter of vanilla. The annual growth of Mauritius vanilla in value between 2015 to 2019 was -6%, per year, while annual growth in quantity through the same period was -17%, per annum.
Mauritius brought in 56 tonnes of vanilla in 2019.