What is the price of vanilla per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) vanilla is between US$ 78.33 and US$ 117.49 per kilogram or between US$ 35.52 and US$ 53.28 per pound(lb). Click here to see today's exact prices of vanilla in United Kingdom (UK)
The retail price range in British pound sterling for vanilla is between GBP 62.93 and GBP 94.39 per kilogram or between GBP 28.54 and GBP 42.81 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) vanilla is between US$ 54.83 and US$ 82.24 per kilogram or between US$ 24.87 and US$ 37.30 per pound(lb).
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United Kingdom (UK) Vanilla Export Prices - Historical, Trends and Prediction
The export price of Vanilla from the United Kingdom over the last five years has seen a significant increase. In 2016, the export price per kilogram was $100.91, and by 2021, it had risen to $236.28. The highest price was seen in 2021, with a price of $236.28 per kilogram. The most recent year, 2022, saw a slight decrease in the export price, with a price of $88.26 per kilogram. Based on this data, it is likely that the export price of Vanilla from the United Kingdom will continue to increase in the coming years. Predicted prices for 2023 and 2024 are $93.52 and $98.78 per kilogram, respectively.The exports of vanilla from United Kingdom (UK) are classified as:
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla (HS code 090500)
- Vanilla, crushed or ground (HS code 090520)
United Kingdom (UK) Vanilla Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) vanilla
The total values in export for vanilla in United Kingdom (UK) were US$ 4,743, US$ 3,177, US$ 5,041 and US$ 4,253 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 United Kingdom (UK): Garlic, Pepper, Capsicum (Bell Pepper), Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of vanilla in other countries across Europe: Georgia vanilla, Albania vanilla, Belarus vanilla, Bosnia and Herzegovina vanilla, Bulgaria vanilla, Croatia vanilla, Czech Republic vanilla, Estonia vanilla, Greece vanilla & Hungary vanilla.
United Kingdom (UK) vanilla - Production, Exports, Imports, Seasons and HS Codes
The quantity of vanilla exported by United Kingdom (UK) in 2020 was 32 tons. In 2019 United Kingdom (UK) sold 18 tonnes of vanilla. For the year 2019 alone, the demand for United Kingdom (UK) vanilla (herbs and spices category) has shrunk, changing by -37.931 per cent compared to the year 2018. Between 2017 and 2019, vanilla's exports went down by -14.29 pc earning the country US$4.25m for the year 2019. United Kingdom (UK)'s vanilla exports are classified as:
- Vanilla, crushed or ground (HS code 090520)
- Vanilla, neither crushed nor ground (HS code 090510)
- Vanilla (HS code 090500)
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United Kingdom (UK) vanilla export values
In 2019, United Kingdom (UK) supplied vanilla valued at 4.25m USD, a decrease of -15.69% from 2018's total vanilla export of 5.041m USD. The yearly change in value of United Kingdom (UK) vanilla between 2017 to 2018 was 58.672 pc.
The yearly change in the volume of United Kingdom (UK)'s vanilla exports between 2017 and 2019 was -14.29 per cent compared to a variation of -37.931% in the period between 2018 and 2019.
United Kingdom (UK)'s portion of the world's total vanilla's exports in 2019 was less than 1%. United Kingdom (UK) holds number 40 in world exports of vanilla.
Export markets for United Kingdom (UK) vanilla ( in '000$ )
United Kingdom (UK)'s leading destinations for vanilla are Sweden, Germany, Denmark, Czech Republic and Croatia.
Import/Export Trends
United Kingdom (UK) is a net importer of vanilla. The annual growth of United Kingdom (UK) vanilla in value between 2015 to 2019 was 62%, per annum, while annual growth in quantity for the same period was 106%, per annum.
United Kingdom (UK) procured 920 tonnes of vanilla in 2019.