Vanilla Market in Chile
The size of the vanilla market in Chile soared to $ in , jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the market value increased by % year-to-year. Over the period under review, the market hit record highs in and is expected to retain growth in the near future.