Vanilla Market Report

Market report - August 2018

Review of the 2017-2018 season 
Vanilla output was around 2000 tons in Madagascar, 170 tons in Indonesia, Papua New Guinea and India, 15 tons in Tahiti and at the very most, 100 tons in other countries (Mexico, Uganda, Réunion, Comores etc)
Due to premature harvesting practices in Indonesia and Papua New Guinea, their production has been affected by mould. Eurovanille has therefore decided to reduce substantially their stocks from this region as the levels of quality are just not reliable or  constant. 

The 2018-2019 season
The green vanilla season in the vanilla producing regions of Madagascar opened on the 15th of July. Initial output figures point to an estimated volume of 2000 tons available for export in the 2018-2019 season. In detail, in the SAVA region (Sambava, Antalaha, Vohemar et Andapa), there should be a total of 1300-1500 tons, around 400 tons in the region of Analanjirofo including Mananara (250 tons), Maroantsetra (150 tons) & Fenoarivo (20-25 tons). In the other vanilla producing regions of Madagascar, like around Ambanja, we estimate an output of around 50-75 tons.
Regarding quality, Eurovanille has carried out extensive work all year in close collaboration with local farmers, importers and exporters to ensure a constant and improved degree of quality. This has resulted in the harvesting of green vanilla at the right time and after maturity. This means the yield  for prepared vanilla  stands at 6 rather than 7 or 7.5 in previous years. (6 kg of green vanilla is necessary to produce 1 kilo of prepared vanilla) Thanks to an awareness campaign and by working with our suppliers over the past year, water activity instruments will be used to measure the amount of free moisture present in the prepared pods ready for export. This will help to prevent mould. Eurovanille has also decided not to import more stock until the beginning of 2019 in order to ensure the stability of the vanilla. 
As regards price, a fall of around 20% is expected during the first trimester of 2019 once the first batches of vanilla become available on the European market. 

The 2019 -2020 season
Flowering for the next season will begin in November and will continue until January. An initial estimation of output will be available in January 2019.

Research & Development 
Eurovanille continues its research & development via two main research projects: the deciphering of the Planifolia vanilla genome and the testing of disease resistant (soil-based) vanilla plant lines.  
Concerning the deciphering of the genome, the first sequence should be exploitable for research purposes before the end of the year.  The end result of this research is to identify the genomes which are used to fight  diseases, organoleptic properties etc. 
The testing of soil-based  disease resistant plant lines  takes place in our Eurovanille subsidiary in Mauritius.  These tests  will allow an acceleration of research into ways of improving Planifolia vanilla which in turn will lead to newer disease resistant varieties with bigger and better aromatic profiles. 
Eurovanille’s objective in this is to help growers secure their long term future and to bring a higher degree of professionalism to the global business of the vanilla market for the benefit of their customers all around the world.

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