| The 2005 Vanilla Crop Brings A Bright Outlook For The Industry | |||||||||
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produce 1300 to 1400 tons of vanilla beans. This number includes about 200 tons of inferior beans that blew off the vines during Hurricane Galileo. These are available for sale by other suppliers at a discounted price but will deliver very little vanilla flavor. However the remaining 1100-1200 tons of Madagascar beans are expected to be of superior flavor compared to the beans of the last few years. And, the quantity of the beans is expected to continue to increase over the next few years as newly planted vines mature and produce. Other vanilla-growing regions are also expected to produce higher quality beans in the future, which means that Madagascar may no longer be the preeminent vanilla supplier. (cont. below)
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(2005 Vanilla Crop, continued from above) Newcomers Papua New Guinea (PNG) and India are producing vanilla beans of both varieties: Vanilla Planifolia and Vanilla Tahitensis, which have a tendency to cross-pollinate, resulting in neither a true Madagascar-type nor Tahitian-type flavor profile. However, improved growing, curing and production control practices, along with advances in infrastructure, may well prove that these newer regions will soon produce vanilla crops that rival Madagascar and Tahiti. |
Uganda is also a new player in the vanilla business. After dictator Idi Amin decimated the industry, it has recently been revitalized, with promising results. In fact, when some issues concerning curing and quality control have been addressed, it is estimated that Ugandan vanilla may match Madagascar vanilla in quality, though not in quantity, produced. Long-time players Mexico, Indonesia and Tahiti are also producing quality vanilla beans. Mexico’s crop, with a flavor profile similar to that of Madagascar, produces far fewer tons than Madagascar, thus are traditionally priced slightly higher. A word of caution about extracts manufactured in Mexico: They are produced under a less regulated system then ours, and adulterated product has been an issue. The Indonesian crop, was, thankfully, spared any severe effects from the tsunamis in the Far East, and their crop is expected to come in around 250 to 350 tons. Current pricing for Indonesian vanilla is higher than that of Madagascar, but that is due to the fact that their 2005 crop is not yet for sale. Prices are expected to drop once the new crop is on the market. |
Tahiti, which produces 5-10 tons per year, is usually significantly higher priced than other vanillas. This is expected to continue, especially as Tahitian vanilla is priced in Euros, while all other vanillas are priced in US dollars. Nonetheless, the outlook for 2005 and beyond is promising for the quality, availability and pricing of vanillas throughout the world. “We want you to know that we absolutely appreciate your patience and loyalty through the hard times of the past five years,” says Craig Nielsen. “Not once did we waver, as others have, in offering you the absolute finest vanilla the world can produce at the very best price we could manage during those turbulent times. We look forward to the calmer times ahead and pledge to give you the same commitment.
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