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

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

In 2021, the Croatian market for anise, badian, fennel and coriander increased by X% to $X, rising for the third consecutive year after three years of decline. Overall, consumption saw a remarkable increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Exports of Anise, Badian, Fennel And Coriander

Exports from Croatia

In 2021, overseas shipments of anise, badian, fennel and coriander were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, anise, badian, fennel and coriander exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons) was the main destination for anise, badian, fennel and coriander exports from Croatia, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to India exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was occupied by Slovenia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to India amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Slovenia (-X% per year).

In value terms, the largest markets for anise, badian, fennel and coriander exported from Croatia were India ($X), the United States ($X) and Slovenia ($X), together comprising X% of total exports.

The United States, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 2021, reducing by -X% against the previous year. Overall, the export price continues to indicate a mild descent. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. The export price peaked at $X per ton in 2020, and then fell markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel And Coriander

Imports into Croatia

In 2021, overseas purchases of anise, badian, fennel and coriander were finally on the rise to reach X tons after two years of decline. In general, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports soared to $X in 2021. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Egypt (X tons) constituted the largest anise, badian, fennel and coriander supplier to Croatia, accounting for a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from Egypt exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tons), twofold. The third position in this ranking was occupied by Serbia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Egypt stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+X% per year) and Serbia (+X% per year).

In value terms, the largest anise, badian, fennel and coriander suppliers to Croatia were Egypt ($X), Bosnia and Herzegovina ($X) and Albania ($X), with a combined X% share of total imports.

Albania, with a CAGR of +X%, saw the highest rates of growth with regard to 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 2021, shrinking by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Albania (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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