Bulgaria: Market for Anise, Badian, Fennel And Coriander 2025

Market Size for Anise, Badian, Fennel And Coriander in Bulgaria

The Bulgarian market for anise, badian, fennel and coriander surged to $X in 2022, with an increase of 49% against the previous year. Overall, consumption enjoyed a buoyant increase. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Anise, Badian, Fennel And Coriander in Bulgaria

In value terms, anise, badian, fennel and coriander production stood at $X in 2022 estimated in export price. Over the period under review, production posted a strong increase. The growth pace was the most rapid in 2014 with an increase of 111% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of anise, badian, fennel and coriander in Bulgaria reached X tons per ha in 2022, flattening at 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by 17% against the previous year. Over the period under review, the average anise, badian, fennel and coriander yield reached the maximum level at X tons per ha in 2013; however, from 2014 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of anise, badian, fennel and coriander production in Bulgaria declined modestly to X ha, standing approx. at the previous year. Overall, the harvested area continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of 81% against the previous year. The anise, badian, fennel and coriander harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Exports of Anise, Badian, Fennel And Coriander

Exports from Bulgaria

In 2022, approx. X tons of anise, badian, fennel and coriander were exported from Bulgaria; falling by -10.1% compared with the year before. In general, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2019 when exports increased by 38%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, anise, badian, fennel and coriander exports fell to $X in 2022. Overall, exports, however, showed a slight increase. The pace of growth was the most pronounced in 2019 with an increase of 54% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons) was the main destination for anise, badian, fennel and coriander exports from Bulgaria, accounting for a 25% share of total exports. Moreover, anise, badian, fennel and coriander exports to Indonesia exceeded the volume sent to the second major destination, Sri Lanka (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume to Indonesia totaled -11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (-11.8% per year) and India (+42.3% per year).

In value terms, Indonesia ($X), Germany ($X) and India ($X) constituted the largest markets for anise, badian, fennel and coriander exported from Bulgaria worldwide, with a combined 44% share of total exports. Sri Lanka, Thailand, Algeria, the United States, Malaysia, South Africa, the Netherlands, China, Yemen and Morocco lagged somewhat behind, together comprising a further 33%.

In terms of the main countries of destination, China, with a CAGR of +155.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2022, picking up by 6.9% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 75%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Bulgaria

In 2022, the amount of anise, badian, fennel and coriander imported into Bulgaria expanded notably to X tons, growing by 8.8% on the previous year's figure. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 69% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, anise, badian, fennel and coriander imports soared to $X in 2022. Over the period under review, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 34%. Over the period under review, imports hit record highs at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

India (X tons), North Macedonia (X tons) and the United Arab Emirates (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Bulgaria, together accounting for 74% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +252,285.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, North Macedonia ($X), India ($X) and Syrian Arab Republic ($X) constituted the largest anise, badian, fennel and coriander suppliers to Bulgaria, together comprising 82% of total imports. The United Arab Emirates, Albania, Turkey and Ukraine lagged somewhat behind, together accounting for a further 14%.

The United Arab Emirates, with a CAGR of +201,307.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2022, picking up by 12% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, anise, badian, fennel and coriander import price increased by +88.0% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 63%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Albania ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform