Chile: Market for Anise, Badian, Fennel And Coriander 2022

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

After three years of growth, the Chilean market for anise, badian, fennel and coriander decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then declined rapidly in the following year.

Exports of Anise, Badian, Fennel And Coriander

Exports from Chile

In 2021, shipments abroad of anise, badian, fennel and coriander was finally on the rise to reach X tons after two years of decline. Overall, exports recorded significant growth. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, anise, badian, fennel and coriander exports rose rapidly to $X in 2021. Over the period under review, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for anise, badian, fennel and coriander exports from Chile, accounting for a X% share of total exports. It was followed by Canada (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands totaled +X%.

In value terms, the Netherlands ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +X%.

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2020, and then fell significantly in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%).

Imports of Anise, Badian, Fennel And Coriander

Imports into Chile

After three years of growth, overseas purchases of anise, badian, fennel and coriander decreased by -X% to X tons in 2021. Over the period under review, total imports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tons in 2020, and then declined sharply in the following year.

In value terms, anise, badian, fennel and coriander imports shrank to $X in 2021. In general, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, India (X tons) constituted the largest anise, badian, fennel and coriander supplier to Chile, accounting for a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from India exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fourfold. The third position in this ranking was occupied by the United States (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and the United States (+X% per year).

In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to Chile, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Argentina (+X% per year).

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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