Vanilla Beans

Global vanilla bean production is concentrated in Madagascar, which supplies ~60% of world demand, with secondary production in Indonesia, Mexico, and Papua New Guinea. The market is characterized by high price volatility driven by weather shocks, disease, and speculative trading, with 2023–2024 prices reaching historic highs above $600/kg due to crop failures. End-uses span food flavoring, fragrance, pharmaceuticals, and cosmetics; supply constraints have driven increased synthetic vanillin adoption.

Structured Atlas recordRelease 2026-09-19-batch-230
Global production
6.5K MT
2023/24
Market value
$3.9B
Producing countries tracked
9
Grading systems
1
Active supply risks
3
Trade corridors
3

Structured market record

Atlas renders the supported agricultural record and its indexed evidence lanes. Values keep their stored scope and vintage; reference markets are not physical delivered prices.

HS classifications

Indexed evidence lanes

These are compact previews of the underlying Atlas records. Open each section for its complete evidence set and stored detail.

Leading origins
  • Madagascar · rank 1
  • Indonesia · rank 2
  • Mexico · rank 3
  • Papua New Guinea · rank 4
Grading frameworks
  • ISO 5565 & UNCTAD Vanilla Bean Classification
Supply risks
  • Cyclone & Tropical Storm Damage · critical
  • Vanilla Leaf Spot & Fusarium Wilt · high
  • Price Volatility & Speculative Trading · high
Trade documents
  • Phytosanitary Certificate
  • Certificate of Origin
  • EU Organic Certification (where applicable)
  • US FDA Import Alert & Compliance Documentation
Reference markets
  • Madagascar Grade A Cured Beans · Antananarivo, Madagascar
  • Indonesian Grade B Cured Beans · Manado, Indonesia
  • Mexican Grade A Cured Beans · Veracruz, Mexico
Grading systems
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National and regional grading frameworks defining tradeable quality.
Producers
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Country-level production, share of global output, exporter/importer status.
Supply risks
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Active and seasonal supply-side risks — weather, disease, geopolitical, regulatory.
Documentation
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Required export and import documents per origin-destination corridor.