The global market for vanilla has experienced tremendous volatility in recent years, as the entire supply chain has struggled with price fluctuations, limited supply and poor farming and harvesting practices that harm the quality of beans. Trends in Madagascar such as vacuum packing, quick curing of green vanilla and extraction of green vanilla beans have all had a considerable negative effect on the quality of production.
In the interest of transparency, we have created a crop report, entitled “The State of Vanilla” to help you, our customers and key stakeholders, understand the complex dynamics affecting this industry. We provide regular updates to keep you informed on how events in Madagascar and around the world are affecting vanilla quality, pricing and supply.
At Nielsen-Massey we remain committed to securing only the highest quality vanilla beans and to supporting sustainable growing and production practices throughout the industry. By sharing information about the vanilla market with you, we hope to enhance your understanding of the underlying reasons for this volatility.
We invite you to explore our crop report below. Please join our email list and let us know when you have questions, comments or concerns. We thank you for being invested in Nielsen-Massey and the future of the vanilla industry.