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Ice Cream Prices May Go Up Due to Vanilla Shortage: Will You Still Be Buying?

News 2012/04/03 23:00:00
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Ice cream prices could be on the verge of a price hike, The London Daily Telegraph reports. The problem? Vanilla pod shortages. Apparently production is down worldwide, from India to Mexico, leading to grim predictions for the ice cream eaters of the world. Vanilla prices are already up from $25 per kilogram to nearly $40 a kilogram, but so far ice cream producers are taking the hit.

Nick Peksa, a Mintec market analyst, thinks it will affect ice cream across the board. He explained, "The stocks in the world are being run down, and we are getting to a point now where we are likely to see the price suddenly shoot upwards. It is the most expensive ingredient in ice cream production per kilogram, so it is highly likely that some producers will not be able to absorb the extra cost. It could push the price of ice cream up by around 10 per cent." Will the potential price hike keep you from buying ice cream this summer?


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  • ★~DoctorWhoGuru~★ 2012/04/03 23:47:29
    Yes
    ★~DoctorWhoGuru~★
  • ladyfyre 2012/04/03 23:47:18
    No
    ladyfyre
    I'm not an ice cream lover anyway. I do like my vanilla in some baking though, but it has nothing to do with ice cream for me :)
  • TruBluTopaz 2012/04/03 23:47:02
    Yes
    TruBluTopaz
    +1
    Although I shouldn't, I will buy ice cream when I feel the need. I will buy that long before I buy other luxuries.
  • BabyBear 2012/04/03 23:46:22
    Yes
    BabyBear
    +2
    I buy ice cream as an occasional treat, especially for my 4th of July get together. That, and I don't think the 10¢ price increase is going to hurt me financially.
  • Jimbo 2012/04/03 23:46:12
    No
    Jimbo
    +3
    I make my own ice cream. It taste better and only has a few ingredients.

    I will continue to make my own. It's my addiction.
  • Jackie ... Jimbo 2012/04/04 00:00:01
    Jackie G - Poker Playing Patriot
    +1
    How do I get to your house??
  • Jimbo Jackie ... 2012/04/04 00:06:16
    Jimbo
    +1
    Turn left at Albuquerque.
  • K. Katt 2012/04/03 23:43:16
    Yes
    K. Katt
    I have no will power when it comes to ice cream.
  • Joey 2012/04/03 23:41:40
    Yes
    Joey
    +1
    However on the prices going up.

    NOOOOOOOOOOOo
  • MissJo 2012/04/03 23:41:37
    No
    MissJo
    I don't eat ice cream.
  • lyss 2012/04/03 23:41:20
    Yes
    lyss
    +2
    im addicted lol i cant live without it
  • jason 2012/04/03 23:40:35
    No
    jason
    And remain fat? Nope.
  • cin 2012/04/03 23:40:27
    No
    cin
    I don't eat vanilla
  • K. Katt cin 2012/04/03 23:44:16
    K. Katt
    I believe some vanilla is in all flavors.
  • BabyBear cin 2012/04/03 23:47:35
    BabyBear
    +1
    Almost every flavor has vanilla in it.
  • cin BabyBear 2012/04/04 15:16:18
    cin
    Ok ok u caught me...I don't eat ice cream
  • TruXter 2012/04/03 23:38:44
    No
    TruXter
    +1
    I don't eat icecream that often.
    Sure not going to buy if things get weird.

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