Why Is Vanilla So Expensive?
Vanilla beans are expensive!
Why is that?
Vanilla beans are used to create vanilla extract, a flavoring ingredient found in ice cream, baked goods, sauces, and other foods.
I’m going to cover the history of vanilla, its uses, and why it’s so expensive.
Types of Vanilla
Vanilla is a plant grown from the seed pods of vanilla orchid. It is native to Mexico and Central America. The vanilla bean is used to flavor many types of desserts and beverages. Vanilla beans are harvested when the flowers bloom and mature into pods. These pods are picked and dried in the sun until they turn black. Then they are fermented and cured in wooden barrels. Once cured, the beans are ready to be shipped.
Why Is Vanilla so Expensive?
Vanilla is expensive because it takes a long time to harvest the seeds. In order to get a good yield, farmers have to wait for years to see if the plants flower. Only after the flowers bloom and mature does the farmer pick the pods. This process takes about 6 months. After the pods are picked, the farmers dry them in the sun for 3 weeks. During this period, the pods lose moisture and become brittle. Farmers then cure the pods in wooden barrels for another 2 weeks. Finally, the pods are sold to companies that extract the seeds.
Reason 1: Centralization of Vanilla Bean Growth
Vanilla beans are grown in tropical countries such as Mexico, Madagascar, Indonesia, and Tahiti. These countries are located far away from where most people live. It takes several days to ship vanilla beans from these locations to places like New York City. Shipping costs are very high.
Reason 2: Labor-intensive and Lengthy Growing Process
Vanilla beans are labor intensive to harvest. To extract the flavor, the bean needs to be fermented for about two weeks. This process requires a lot of manual labor. In addition, the growing process is lengthy. It takes approximately 10 years for a plant to produce enough beans to be harvested.
Reason 3: Historical Supply and Demand Fluctuations
Vanilla is a highly perishable product. Its supply and demand fluctuates based on historical factors such as wars, political instability, and natural disasters. For instance, during World War II, vanilla was scarce because of the war effort. As a result, prices increased dramatically.
Reason 4: Theft
Vanilla is a highly perishable commodity. It is easily stolen from plantations. In addition, it is easy to smuggle into countries where it is illegal. Reason 5: Natural Disasters Answer: A major earthquake in Mexico destroyed many plantations. This caused a shortage of vanilla beans. Prices skyrocketed. Reason 6: Political Instability Answer: During the Cold War, the Soviet Union tried to influence the price of vanilla by flooding the market with cheap beans. Reason 7: Wars Answer: During World War I, the United States banned imports of Mexican vanilla beans. This resulted in a shortage of vanilla and higher prices. Reason 8: Economic Crisis Answer: In 2008, the world experienced an economic crisis. Many people lost their jobs and had difficulty paying for goods. As a result, demand decreased for vanilla.
Reason 5: Climate Challenges
Vanilla plants thrive in tropical climates. However, climate change is causing temperatures to increase around the globe. This threatens the survival of vanilla plants. Reason 6 : Natural Disasters
Why is Mexican vanilla so much cheaper?
Mexican vanilla is produced from beans harvested in Mexico. It’s grown in areas where the weather is hot and dry. In contrast, Madagascar vanilla is grown in rainforest regions. The difference in price between these two types of vanilla is because of the different growing conditions.
When did vanilla extract become so expensive?
Vanilla extract became very expensive after World War II. During the war, the US government banned the importation of vanilla beans into the United States. This caused prices to skyrocket. After the war ended, the ban was lifted and the demand for vanilla increased. As a result, farmers started planting more vanilla beans.
Is making your own vanilla extract cheaper than buying it?
Yes, homemade vanilla extract is cheaper than store bought vanilla extract. It takes about 3 cups of vanilla beans to make 1 cup of vanilla extract. Vanilla extract is usually sold in bottles that hold 16 ounces. To make 1 cup of vanilla, you will need 4 cups of whole vanilla beans. So if you buy a bottle of vanilla extract from the grocery store, you will pay $12 per 16 ounce bottle. But if you make your own vanilla extract, you will only spend $3 per 16 ounce bottle.
Up next:
Is making your own vanilla extract easier than buying it? Yes, homemade vanilla extract is easier than buying it. It takes about 3 cup of vanilla beans to make one cup of vanilla extract. A 16 oz bottle of vanilla extract costs around $12.00. To make one cup of vanilla, you need 4 cups of whole beans. So if you go to the store and buy a bottle of vanilla, you will pay $36.00 for 16 ounces of vanilla extract. But if you make it yourself, you will only spend around $9.00 for 16 ounces. Up next :
Why is vanilla so expensive all of a sudden?
Vanilla extract is a highly concentrated flavoring agent used in many recipes. It is produced from the beans of the vanilla plant. Vanilla beans are harvested from tropical regions around the world. In order to produce vanilla extract, the beans are soaked in alcohol until the flavor is extracted. This process takes several weeks. After the extraction process is complete, the beans are dried and ground into a powder. The powder is mixed with alcohol and filtered to remove any impurities. Finally, the mixture is distilled again to separate the alcohol from the pure vanilla essence.
Why is vanilla so expensive 2020?
Vanilla extract is a flavoring agent used in many recipes. It is extracted from the beans of the vanilla plant. Vanilla extract is usually sold in bottles containing about 30 ml 1 fl oz of liquid. This is equivalent to approximately 1 teaspoon. Vanilla extract is available in different flavors such as vanilla bean, vanilla powder, pure vanilla essence, and others.
Is there a vanilla shortage?
Vanilla prices have been falling since 2011. This year, the average cost per kilogram of vanilla was $1,200. In 2016, the average cost per kg fell to $890. Vanilla prices have fallen because of increased demand from China.
Why is vanilla now so expensive?
Vanilla prices have increased significantly since last year because of the growing demand from China. In addition, the price of vanilla beans has risen due to the shortage of supply. It is estimated that the global market for vanilla could reach $1 billion by 2020.
Will the price of vanilla go down?
Yes, there is a vanilla shortage. It is not only because of the drought in Madagascar but also because of the price hike. Vanilla prices have risen from $1,000 per kilo 2,200 pounds in 2014 to $3,500 per kilo 7,700 pounds today. This is a huge jump for such a small ingredient.
Why is vanilla extract so expensive now?
Vanilla is a highly sought after flavor. It is used in many different products from ice cream to baked goods. However, because of its scarcity, it is very expensive. Vanilla beans are harvested from Madagascar, where they grow wild. This process takes about 10 years to complete. Once the pods are picked, they are dried and cured. After curing, the beans are fermented and roasted. Then, the beans are ground into powder form. Finally, the powder is mixed with alcohol and distilled. This process creates vanilla extract.
Why is vanilla extract so expensive 2021?
Vanilla beans are among the most costly spices in the world. It takes about 10 years for a vanilla plant to produce enough beans to meet demand. This scarcity has led to skyrocketing prices. In addition, the price of vanilla has risen because of the growing demand from China.