IS THERE A SHORTAGE OF VANILLA?
Gourmet vanilla has good stocks of all grades of vanilla.
* Gourmet vanilla (medium size)
* Premium vanilla (large size)
* Vanilla paste with seeds
India has been producing high quality vanilla for years but it is still events in Madagascar that affect the global supply. 90% of the world’s vanilla comes from Madagascar. Madagascar is a poor country, subject to floods, typhoons, and civil unrest. These affect vanilla in warehouses as well as crops in the fields. Problems in Madagascar often lead to major players stock piling vanilla which starts to push prices up.
The dependency on Madagascar led John Dean to work with Indian farmers to grow vanilla. Vanilla provides a valuable crop alongside tea and coffee. Our close links with our long term supplier in India mean our vanilla supplies are assured.
VANILLA MARKET 2013
MADAGASCAR: The vanilla market in Madagascar is now approaching the end of the curing season from the 2012 harvest. The current crop size is estimated to be in the region of 1,200M tons, considered to be a small crop. Due to the immature picking, the vanillin content from the 2012 crop was degraded to an average of 1.5% The current flowering which will affect the next coming crop was initially at the same level as last year. Due to the dry period with unusual heat in some regions, a third of the flowers are falling. Consequently, the next 2013 crop is expected be smaller than the current one - estimated to be between 900 to 1,000Mt. Hoarding and stocking up on inventory, led by major traders, is keeping supplies very tight.
In the other producing countries such as India, Indonesia, Papua New Guinea farmers have reported lower crops Lower world prices have all contributed to the farmers diminishing interest in vanilla in these countries.
March 2013
VANILLA ICE CREAM
Real vanilla is essential for good quality ice cream but synthetic vanilla flavouring has been used by many household names in ice cream for years. Here at Gourmet Vanilla we don’t think there is a real cause to worry about ice cream prices and shortages.
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