What is the price of vanilla per kilogram/pound in Thailand today?
The retail price range for Thailand vanilla is between US$ 14.65 and US$ 28.11 per kilogram or between US$ 6.65 and US$ 12.75 per pound(lb). Click here to see today's exact prices of vanilla in Thailand
The retail price range in Baht for vanilla is between THB 502.89 and THB 964.52 per kilogram or between THB 228.07 and THB 437.42 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand vanilla is between US$ 10.26 and US$ 19.67 per kilogram or between US$ 4.65 and US$ 8.92 per pound(lb).
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Thailand Vanilla Export Prices - Historical, Trends and Prediction
The export price of Vanilla from Thailand over the last five years has been quite varied. In 2017, the price per kilogram was 6.42 US dollars, followed by a sharp decrease to 3.23 US dollars in 2018. In 2019, the price rose to 4.35 US dollars, and then increased further to 5.72 US dollars in 2020. The price then remained relatively stable in 2021 and 2022, at 5.89 and 6.02 US dollars per kilogram respectively. Based on this data, it is likely that the export price of Vanilla from Thailand will remain around the 6 US dollar mark in 2023 and 2024.The Thailand vanilla exports are categorised as:
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla (HS code 090500)
- Vanilla, crushed or ground (HS code 090520)
Thailand Vanilla Import Prices - Historical, Trends and Prediction
The import price per kilogram of Vanilla into Thailand over the last five years has been quite volatile. In 2016, the price was 5.62 US dollars per kg, which was the highest in the five year period. This was followed by a sharp decline in 2017 to 6.42 US dollars per kg. In 2018, the price dropped further to 3.23 US dollars per kg, the lowest in the five year period. Since then, the price has been on the rise, reaching 4.35 US dollars per kg in 2019 and 5.72 US dollars per kg in 2020. The price has continued to increase in 2021, reaching 5.89 US dollars per kg. The latest data shows that the import price per kilogram of Vanilla into Thailand is 6.02 US dollars per kg. Based on the current trend, it is likely that the import price per kilogram of Vanilla into Thailand will continue to increase in the next two years. We predict that the import price per kilogram of Vanilla into Thailand will be 6.17 US dollars per kg in 2023 and 6.32 US dollars per kg in 2024.Export values for Thailand vanilla
The total values in export for vanilla in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Herbs and Spices category in Thailand: 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.
Thailand vanilla - Production, Exports, Imports, Seasons and HS Codes
The volume of vanilla shipped by Thailand in 2020 was 151 metric tons. In 2019 Thailand sold 278 tonnes of vanilla. Across 2019 alone, the demand for Thailand vanilla (herbs and spices category) has reduced, compared to the year 2018. Between 2017 and 2019 the exports of vanilla were very few, netting Thailand very little foreign income. Thailand'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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Thailand vanilla export values
Between the years 2011 and 2020, Thailand shipped vanilla worth a total of US$ 0.
The annual change in the amount of Thailand's vanilla exports between 2017 and 2019 remained stagnant.
Thailand's portion of the world's total vanilla's exports in 2019 was 1.1 per cent. Thailand holds position 23 in world exports of vanilla.
Export markets for Thailand vanilla ( in '000$ )
Thailand's top destinations for vanilla are US, Myanmar, Canada, Israel and Australia.
Import/Export Trends
Thailand is a net importer of vanilla. The annual growth of Thailand vanilla in value between 2015 to 2019 was -8%, per year, while annual growth in quantity for the same period was -14%, per annum.
Thailand imported 0 tonnes of vanilla in 2019.