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Plain vanilla, true or false
Like “true cinnamon” can only come from Sri Lanka, some buyers say the only “true” vanilla comes from Madagascar. For some that might be the case, other buyers are open for alternative origins like Indonesia and Uganda which also produce the Planifolia variant.
The recent decision from the government of Madagascar might influence the buyer’s future decisions, Madagascar has set an minimum export price of us$250 per kilogram. This might seem low, since we have seen us$600+ levels some years ago; however in 2020 Madagascar produced a staggering 1,800 mtons of vanilla beans and the outlook for 2021 also looks very good. Your personal broker can bring you up to speed with actual quotes on vanilla and the most recent market information from the different countries of origin. Please contact us, without engagement, to discuss your specific requirements.