Vanilla prices today
Vanilla is one of the most volatile agricultural commodities, with prices swinging on weather, regulation and crop quality. Expana publishes weekly vanilla benchmarks to bring transparency to this opaque market.
Food manufacturers, flavour houses and confectioners use our prices to make sourcing and risk decisions across gourmet and industrial grades.
Gourmet vanilla price chart
| Date | Price (USD/kg) | MoM % | QoQ % | YoY |
|---|---|---|---|---|
| | ||||
| 45 | ↓ 4.3% | ↓ 2.2% | — | |
| 47 | → 0.0% | → 0.0% | — | |
| 47 | → 0.0% | ↓ 6.0% | — | |
| 47 | → 0.0% | ↓ 6.0% | — | |
| 47 | → 0.0% | ↓ 6.0% | — | |
| 47 | → 0.0% | ↓ 6.0% | — | |
| 47 | ↑ 2.2% | ↓ 6.0% | — | |
| 47 | ↑ 2.2% | ↓ 6.0% | — | |
| 47 | ↑ 2.2% | ↓ 6.0% | — | |
| 47 | → 0.0% | ↓ 6.0% | — | |
| 47 | ↓ 6.0% | ↓ 9.6% | — | |
| 46 | ↓ 8.0% | ↓ 11.5% | — | |
| 46 | ↓ 8.0% | ↓ 11.5% | — | |
| 46 | ↓ 8.0% | ↓ 11.5% | — | |
| 47 | ↓ 6.0% | ↓ 9.6% | — | |
| 50 | → 0.0% | ↓ 3.8% | — | |
| 50 | → 0.0% | → 0.0% | — | |
| 50 | → 0.0% | → 0.0% | — | |
| 50 | → 0.0% | → 0.0% | — | |
| 50 | ↓ 3.8% | → 0.0% | — | |
| 50 | ↓ 3.8% | → 0.0% | — | |
| 50 | ↓ 3.8% | → 0.0% | — | |
| 50 | ↓ 3.8% | ↓ 9.1% | — | |
| 52 | → 0.0% | ↓ 20.0% | — | |
| 52 | ↑ 4.0% | ↓ 20.0% | — | |
| 52 | ↑ 4.0% | — | — | |
| 52 | ↑ 4.0% | — | — | |
| 52 | ↑ 4.0% | — | — | |
| 52 | ↑ 4.0% | — | — | |
| 50 | → 0.0% | — | — | |
| 50 | → 0.0% | — | — | |
| 50 | ↓ 9.1% | — | — | |
| 50 | ↓ 23.1% | — | — | |
| 50 | ↓ 23.1% | — | — | |
| 50 | — | — | — | |
| 50 | — | — | — | |
| 55 | — | — | — | |
| 65 | — | — | — | |
| 65 | — | — | — | |
Expana: the IOSCO-assured source for vanilla prices
Our vanilla coverage spans the key origins of Madagascar, Papua New Guinea, Indonesia and Uganda. Weekly price benchmarks come with in-depth commentary on regulation, crop development and supply outlook, plus updates on production volumes, export flows, quality grades and demand from the food and flavouring sectors. Our industrial grade 1 vanilla FOB Madagascar benchmark is IOSCO assured, giving buyers and sellers a trusted, independently reviewed reference price. Use Expana to benchmark what you pay, understand market direction and plan purchases with more confidence.
Vanilla coverage is led by Jara Zicha, Market Reporter, Nuts, Dried Fruit and Spices. Explore related coverage on our herbs and spices and black pepper prices pages.
IOSCO-assured vanilla benchmarks
Weekly benchmarks across key origins and grades.
Gourmet and industrial grades
Separate assessments for gourmet and industrial vanilla.
Origin coverage
Madagascar, Papua New Guinea, Indonesia and Uganda.
Regulation and crop commentary
Export rules, crop development and supply outlook.
Volatility analysis
Historical prices and volatility trends.
Demand insight
Downstream demand from food and flavouring sectors.
Our vanilla intelligence includes:
Vanilla price drivers
Most of the world’s natural vanilla comes from Madagascar, so its crop, cyclones and export regulation dominate price.
- Crop size and curing quality in Madagascar.
- Cyclones and weather in the main growing regions.
- Export regulation, including minimum export prices.
- Supply from Papua New Guinea, Indonesia and Uganda.
- Demand from flavour houses and the switch between natural and synthetic vanilla.
Our vanilla price methodology
Expana’s vanilla assessments are built on transparent, consistent and IOSCO-assured methodologies that reflect real-world market dynamics.
- Direct market engagement
We speak with exporters, traders and processors across Madagascar, Uganda, Papua New Guinea and Indonesia. - Cross-checked deal information
Confirmed transactions, firm bids and offers and indicative values are triangulated for accuracy. - Grade-specific assessments
Prices are segmented by industrial and gourmet grade, so buyers can benchmark what they purchase.
Our industrial grade 1 vanilla FOB Madagascar benchmark is IOSCO assured. Read more about our price assessment methodology. This approach gives buyers and sellers a reliable reference point for negotiation, budgeting and contract timing.
Looking for full insights on the vanilla market? Get a demo today.
Latest vanilla news and insights
Analysis created and curated by our nuts, dried fruit and spices experts.
Vanilla Market FAQs
What types of vanilla do you assess?
Expana provides separate assessments for industrial-grade vanilla (primarily used for extract in large-scale food manufacturing) and gourmet-grade vanilla (used in premium culinary applications).
How often are vanilla prices updated?
Expana updates its vanilla price assessments daily and weekly, incorporating fresh market data and commentary to ensure timely, accurate reporting.
Where is most of the world’s vanilla produced?
Madagascar accounts for the majority of global vanilla production, often contributing 60–80% of total supply depending on the season. Other key producers include Papua New Guinea, Uganda, and Indonesia.
Why are vanilla prices so volatile?
Vanilla prices are highly sensitive to weather events, political interference, and changes in export regulation – especially in Madagascar. Additionally, the small size of the global market means even slight shifts in supply or demand can lead to significant price swings.
Essential intelligence for industry professionals
Expana delivers essential intelligence to industry professionals across herbs and spices markets, ensuring business leaders stay informed about the latest prices and industry trends, enabling them to effectively navigate disruptions, manage prices, and deliver value to their customers.