Earlier Report Observations
The vanilla market volume in the Cook Islands fluctuated between 32 kg and 44 kg from 2018 to 2023, with domestic production holding steady at 20 kg annually. Market size changes were driven entirely by variations in import volumes, which ranged from 12 kg to 24 kg over the period.
A notable market expansion to 44 kg occurred in 2021, coinciding with increased global vanilla activity. That year, Vanilla Bean Kings opened a new production facility in the United States to meet rising demand, while North American consumers increasingly sought organic and plant-based vanilla flavors. These developments enhanced global vanilla availability and likely encouraged higher imports to the Cook Islands.
By 2024, the global vanilla supply faced new pressures. Unusually hot weather led to earlier harvests in key producing countries like Madagascar, creating quality uncertainties. Simultaneously, stricter U.S. labeling regulations for vanilla extracts reinforced market standards. These factors contributed to a contraction in imports to the Cook Islands, which fell to 19 kg in 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Cook Islands
- 5.1.1. Annual dynamics of production in Cook Islands in kind, 2018-2023, kg
- 5.1.2. Annual dynamics of production in Cook Islands in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, kg
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, kg
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Cook Islands
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Cook Islands in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Cook Islands by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Cook Islands in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Cook Islands by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Cook Islands, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Cook Islands by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Cook Islands in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Cook Islands by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Cook Islands in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Cook Islands by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Cook Islands, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Cook Islands by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production vanilla in Cook Islands
In kind, 2017-2020, kg
From 2017 to 2020, the Cook Islands ranked 14th globally in vanilla production.
Top producers of vanilla, 2017-2020
World map of production of vanilla, 2017-2020
The data shows irregular fluctuations, pointing to a volatile market environment. The lowest production volume was recorded in 2017, while the highest was observed in 2018, with a peak-to-trough ratio of 2 times. In 2020, vanilla production in the Cook Islands reached 20.00 kg, showing minimal change compared to 2019. The maximum value was 20.00 kg in 2018. The largest decline occurred in 2019 at 0.0%, while the largest increase was in 2018 at 100.0%.
Annual dynamics of production in Cook Islands in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 100.0% | - | - | 26.0% |
Exports vanilla from Cook Islands
Industry data indicates that there were no vanilla exports from the Cook Islands between 2017 and 2020.
Imports vanilla to Cook Islands
Imports in kind, kg
The market displayed an unstable trend over this period. Import volumes reached their lowest point in 2020 and peaked in 2017, with a top-to-bottom ratio of 4.5 times. In 2020, vanilla shipments to the Cook Islands from abroad totaled 12.00 kg, down 50.0% from 2019. The largest decline was recorded in 2018 at 70.4%, while the largest increase occurred in 2019 at 50.0%.
Annual dynamics of product's imports to Cook Islands in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (70.4%) | 50.0% | (50.0%) | (39.4%) |
From 2017 to 2020, vanilla imports to the Cook Islands were almost entirely concentrated in New Zealand, which accounted for 100.0% of the total.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Cook Islands in kind, 2017-2020
Imports in value, $ US
Vanilla deliveries to the Cook Islands declined for the third consecutive year. In 2020, imports were valued at 85 US dollars, a decrease of 56.6% compared to the previous year. Over the 2017-2020 period, imports fell by 96.8%, with a compound annual growth rate (CAGR) of -68.2%.
Annual dynamics of product's imports to Cook Islands in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (91.0%) | (17.8%) | (56.6%) | (68.2%) |
Between 2017 and 2020, New Zealand clearly dominated as the supplier of vanilla to the Cook Islands, accounting for 100.0% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Cook Islands in value, 2017-2020
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