2024 Author: Jasmine Walkman | [email protected]. Last modified: 2023-12-16 08:29
Starting this summer, we can buy vanilla ice cream at higher prices due to the low yield of vanilla, which has significantly increased its price on international markets.
Vanilla growers around the world warn that Madagascar, the world's largest exporter of vanilla, has registered the weakest crop in years.
The price of the spice for one year has jumped by 120%. Five years ago a kilo of vanilla was traded for 14 pounds, and today it is sold for 155 pounds.
The reason for the big change is the weak flowering of vanilla in 2014. This greatly reduced yields in 2015 and, accordingly, exports in 2016 also decreased.
Vanilla is the second most expensive spice in the world after saffron, which requires much more effort to grow.
However, the more expensive prices of vanilla will not only affect vanilla ice cream, but also chocolate, pastries and some carbonated drinks, because it is one of the most used spices in the confectionery industry.
First, vanilla prices jumped for US markets, as the United States is the world's largest buyer of the spice. For its highest class, the spice reached $ 250 per kilogram, and only a year ago the price per kilogram was $ 80.
Cook Flavoring said that in 2012 they bought high-quality vanilla for $ 20 a kilogram. But last year they bought a lower grade of the spice for $ 210 a pound.
In addition to Madagascar, vanilla was also grown in China, Indonesia and Uganda, but in recent years the last three countries have shrunk their production, allowing Madagascar to raise prices.
However, the high values of vanilla are not expected to last long, and as soon as this year's harvest, they will fall.
Recommended:
Fruits Are Becoming More Expensive And Vegetables Are Becoming Cheaper
At the height of the holiday season, not only consumer demand for food products changes, but also the prices of some of them. For example, at the beginning of August there was a slight increase in seasonal fruits compared to the same period in 2014.
What Is The Difference Between Plain Cream, Whipped Cream, Sour Cream And Confectionery Cream?
The cream is one of the most commonly used ingredients in cooking. Everyone uses it to make delicious meals. It is used in the preparation of sauces, creams, various types of meat and of course - pastries. It is often the basis of various creams, cake trays and icings and is a mandatory part of any other sweet temptation.
Sauerkraut And Potatoes Are Becoming More Expensive
Traders warn that this year sauerkraut will rise in price by up to 1 lev per kilogram. The jump in prices will also reach the potatoes due to the torrential rains that ruin the harvest. At the moment, the price of cabbage is relatively high compared to previous years.
Half Of The Vanilla Ice Creams Are Vanilla Free! That's Why
The ice cream is among Europeans' favorite summer desserts, but a new study by the British daily The Guardian found that in leading brands vanilla ice cream no real products are used. A new British study shows that much of the vanilla ice cream on the market lacks the main ingredients for its production, namely vanilla, cream and milk, which have been replaced by their cheaper alternatives.
We Eat Less And Less Native Cheese And More And More Gouda And Cheddar
The sale of white brined cheese in Bulgaria is much lower compared to the consumption in 2006, shows an analysis of the Institute of Agrarian Economics, quoted by the newspaper Trud. Consumption of yellow cheese in our country has also fallen.
