Madagascar Vanilla Company

2025 kickoff in the countryside with vanilla flat, poised to rise

Chris — Sun, 26 Jan 2025 14:45:00 +0000

The reported vanilla prices transacted and price rumors hovers at the 77,000-150,000/kg ariary value at the craggly cuts to leaned black TK spectrum of cured finished black vanilla, on the coast and in the bush.

World intake prices stick around $60-150 USD CIF on multi-carton basis.

Though export data is available and boosted vis USTR under Trump and private enterprise that monitor BOLs and AWBs, margins are estimated to average 22%.

Bidding from Asia and Europe and the sweep of orders at the end of the US fiscal tax year has pressured the prices to rise and local media manipulates takes to pretend and propagate the onset of a rise, but stability still reigns for now. Prices are steady so far, but speculators are beginning to buy up bullishly, in the position that the prices will rise by late March.

Starlink has meanwhile made a lot of price live communication in the bush faster from collection houses so gaps have shrunk from the bush to the collector house.

Meanwhile Emirates entrance to TNR has driven down cargo costs and up service from air freight.

Cyclones his the Diana and Western regions hard but fictions of forcing rates up have been postulated without merit or price consequence in real terms.

Seeds are seeing more demand in Asia and Americas with about 15% of the beans’ net mass being scraped and then sterilized from the pod/husk. More a gimmick than a long term trend, it represents just another derivative product to diversify chefs’ portfolios and e-commerce panels.

MVC has seen a resurge in Amazon resellers too, with small businesses white labeling more packs of vanilla to sell on Amazon in the USA, KSA (Souk in Saudi Arabia,) and France and Japan.

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Flavors Flying – Madagascar Vanilla 2024-25 Export Season in Full Swing.

Chris — Sun, 27 Oct 2024 06:28:48 +0000

With the entrance of Emirates Air Cargo into the market, and with the vanilla price in the countryside between the bush and coastal collection houses between 110,000 Ar and 140,000 Ariary per kg, vanilla is steadily and stably cheaper than last year and flying out in high quality apace with production, with rumors of a big flowering season to follow.

Madagascar is on the United States’ AGOA list this year too, meaning vanilla, spices, and some handicrafts from Madagascar can all merrily march in the door tax-free as long as they file the commensurate FDA procedure and ship with the origin documents (automatically in the outbound file set of all vanilla exports.)

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Vanilla Gamification and the great race before re-open of the Madagascar vanilla market (2024-25 export season soon to come)

Chris — Sun, 15 Sep 2024 18:23:22 +0000

Vanilla Gamification and the great race before re-open of the Madagascar vanilla market (2024-25 export season soon to come)

At the peak of the winter and onset of Q4, Mada is seeing a lot of speculation at the moment for vanilla pricing…Some say/sell/scream 130000 ariary, others 90000, then 100000 and 110000 ariary. Yet more wait for the price to go over 180,000 ariary to sell.

The coast is bustling and buzzing with landcruisers, meetings over beers and kola coffee, and facebook messages are flying with bids and negotiations, as lots of locals hope to double or hold their hand for a doubling prior to the holidays.

Malagasy from Tana are starting to come and buy vanilla on the coast and inland villages north and south of the great forest spanning from Cap East to Ambanja or Tamatave to Vinavinaio…and this Merina-merchant flux serves to destabilize the price in a dynamic forthcoming season opener…

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Madagascar Vanilla Green Season Moves South of the Great Rainforest

Chris — Tue, 20 Aug 2024 07:26:24 +0000

North of the Great Forest

In Bemaneviky Sambava, the all-out haggler warfare over the best black cured vanilla is afoot and apace.

The price of black vanilla varies from 120,000 to 150,000, while emanating out to Andapa and north into the bush, the price tags to 100,000-125,000 ariary.

No green vanilla is reliably rounded up in the north rim and above Cap Est anymore. The caches and collectors of SAVA have vacuumed up the green and horded it or headed home to cure.

In Sambava’s and the main coastal road’s collector houses (most of which pretend to be or perform as exporters too,) the price varies depending on quality of vanilla from 120,000 to 200,000 ariary.

That fundamental (if strange) law of 35% median margin seems to have yet again organically come true from farmgate to coastal collection house.

South of the Great Forest

Between Mananara and Mandritsara in the interior remote wilderness, tread by footpaths and terrible to even the toughest Toyota Landcruisers, south of Masoala, green vanilla is kicking off at 30000 to 35000 ariary (on paper/on face “sticker price”,) with the green vanilla campaign starting this week.

The speculative math of the opener asking prices seems to forecast or hope for vanilla in the 200,000 ariary+ range when the market reopens.

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Waiting for the “Cure,” September 2020 in MVC in Antalaha…

MVC — Sat, 29 Aug 2020 04:25:58 +0000

http://madagascarvanillacompany.com/wp-content/uploads/2020/08/VIDEO-2020-08-20-07-02-14.mp4

http://madagascarvanillacompany.com/wp-content/uploads/2020/08/VIDEO-2020-08-20-07-02-10.mp4

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Vanilla Bear Market in Madagascar

MVC — Tue, 04 Aug 2020 05:14:09 +0000

Cured finished vanilla farm price went from $500 to $450 to $400 to $350 to $330 to $310 to $300 to $250 to $220 to $200 to $185 to $150 to $135 to finally around $110 today. It will probably go even lower for finished black vanilla at the end of the year. Truly a release valve at last for the bubble, and a lot of dead wood in the supply base will be cleared out as demoralized dilettantes leave the business. A government price control has been erected to attempt to hold the export price at $250 for September 15th’s opening in the midset of COVID. The green season is in full swing in SAVA and the region braces for the hard landing, as small cases of COVID pop up in Andapa and a few places in the east.

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Vanilla Price Floor and Export Cutoff Date

MVC — Fri, 10 Apr 2020 20:23:54 +0000

In what could be a quality, or could be a price-fixing measure to benefit offshored pre-shipped stocks, the exporters and the government in Mada have instituted a $350 price floor on exported vanilla, and an export cutoff date of May 31/June 1.

In past times a few vanilla firms were blacklisted by the US Embassy for manipulating prices to slam the export door behind them, and a lot of vanilla professionals suspect the same backstage behavior in Madagascar this year.

Production costs in Madagascar continue to fall, with a large yield expected for October’s open, much larger than last year, and it is unclear if the artificial price control will work and contain the downward price trend.

Predictably, most of the largest firms in vanilla claim other reasons for the $350 freeze. – From quality control to sustainable agriculture to local government finance.

Price politics aside, the Tana government has greatly improved to reputation of Madagascar vanilla, by instituting strict quality regimes, and thus the island has regained industry clout.

For now all vanilla has to leave and tag to an inbound bank transfer at $350 to be allowed out of Madagascar.

Coronavirus has not halted the export or flow of outbound vanilla, though some carriers of freight have increased rates. Vanilla still leaves daily from the isle and the vanilla coast.

Arrete Fin export.pdf

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Vanilla Market Report | Right Before the 2019 Green Season

MVC — Wed, 19 Jun 2019 14:11:40 +0000

The vanilla crop gross yield estimates in Madagascar are going to be relatively unknown for 2019 until the green season starts around July 10 and after. In the meantime, vendors will try to push prices high spinning news and storing away or strategically selling off the 2018 crop that was declared stock up until the open of the 2019 season, which itself is moved back to November 25 legally by Antananarivo authorities, later than last year’s October 15 start date and hence allowing more opportunity to predatory price squeezing to pre-emptively laser on profitable exports. The demand for splits, red, or drier vanilla as flavor fodder has picked up remarkably, and in general farm and collective pricing has held before export papers and taxes (as farmers and growers in villages do not pay any such taxes nor do they usually have bank accounts) between $350-450, bracketing $300-500 in deviation of price and quality over a sampling representative of all the farmers throughout Madagascar’s reservoirs of flavor, deep into the countryside all the way to the coasts of sunny SAVA and Masaola and Marojejy. Other entrants and challengers rise farther afield in Pacific Papua New Guinea, a much harder vanilla supply line, with a long way to go and greater risks and learning curves to quality and local legalities of export, but making marked and measurable quality progress in both Tahitensis and Planifolia species of vanilla. Demand has grown, not abated, from the United States and Asia, while about steady or declining in Europe. Much vanilla is traded unreported in market quotas and export statistics in the grey or black market, and statistics remain laughable more than laudable from Madagascar, Indonesia, and PNG, all of which are infected with rampant bean smuggling, hiding, hoarding, and misreporting. Madagascar’s government under the new president has made very positive and admirable steps to curb some of this as well as targeting the terrible illegal rosewood trade, that laundered its largesse in vanilla, as well as commendably setting solid quality controls for exported beans – which have counterbalanced the protests and gripes over export taxes by the producer groups and broken cartels, and thus achieved a balance this summer for vanilla export tax rates and bulk fees. Many of the core source problems still exist, foremost that the infrastructure in the vanilla coast needs serious upgrades to bring more beans to market, combat general poverty and seclusion, and help bring the price back into the $300’s or lower. However for now, the quality around the world has improved for vanilla at the same price levels, winning $500-1000 a kg in its end-user base, never having undergone the promised and prophetized serious “correction” (so-called experts were seriously incorrect about the correction, so to speak) that was predicted to pricing early in 2019. For now, the pricing seas are steady, and stocks will probably begin to be underreported soon to drive prices higher for as long as possible until the later new export date around the beginning of the North American Holidays at the end of November.

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Air Madagascar & MVC

MVC — Fri, 25 Jan 2019 14:06:38 +0000

MVC Ascending with Air Madagascar’s In-Flight Magazine for 2019

“Vanille volant” Gaining altitude in volumes aboard with a great year’s start! Check us out and the very vanilla featurettes in upcoming issues!

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Vanilla Craft Beer in Madagascar Debut

MVC — Sat, 13 Oct 2018 20:20:40 +0000

The First Craft Beer Company in Madagascar itself, Red Island Brewing, has started a new collaboration with MVC on a vanilla white ale and a vanilla amber…coming to a tasting flight near you in SAVA, Tana, or the Be in the North!

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