Eastern Europe: Market for Anise, Badian, Fennel And Coriander 2022

Market Size for Anise, Badian, Fennel And Coriander in Eastern Europe

In 2021, the East European market for anise, badian, fennel and coriander increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption showed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Anise, Badian, Fennel And Coriander in Eastern Europe

In value terms, anise, badian, fennel and coriander production shrank modestly to $X in 2021 estimated in export prices. Over the period under review, production showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

The country with the largest volume of anise, badian, fennel and coriander production was Russia (X tons), accounting for X% of total volume. Moreover, anise, badian, fennel and coriander production in Russia exceeded the figures recorded by the second-largest producer, Bulgaria (X tons), threefold. The third position in this ranking was occupied by Ukraine (X tons), with a X% share.

In Russia, anise, badian, fennel and coriander production expanded at an average annual rate of +X% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Bulgaria (-X% per year) and Ukraine (-X% per year).

The average anise, badian, fennel and coriander yield shrank to X tons per ha in 2021, declining by -X% compared with 2020. Over the period under review, the yield saw a perceptible setback. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2021, the growth of the anise, badian, fennel and coriander 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 2021, the total area harvested in terms of anise, badian, fennel and coriander production in Eastern Europe rose notably to X ha, picking up by X% compared with the year before. The total harvested area indicated a moderate increase from 2012 to 2021: its figure 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, anise, badian, fennel and coriander harvested area increased by +X% against 2017 indices. The growth pace was the most rapid in 2019 when the harvested area increased by X% against the previous year. The level of harvested area peaked in 2021 and is expected to retain growth in years to come.

Production By Country in Eastern Europe

Russia (X tons) constituted the country with the largest volume of anise, badian, fennel and coriander production, accounting for X% of total volume. Moreover, anise, badian, fennel and coriander production in Russia exceeded the figures recorded by the second-largest producer, Bulgaria (X tons), threefold. The third position in this ranking was occupied by Ukraine (X tons), with a X% share.

In Russia, anise, badian, fennel and coriander production expanded at an average annual rate of +X% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Bulgaria (-X% per year) and Ukraine (-X% per year).

Exports of Anise, Badian, Fennel And Coriander

Exports in Eastern Europe

In 2021, overseas shipments of anise, badian, fennel and coriander increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports saw buoyant growth. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, anise, badian, fennel and coriander exports soared to $X in 2021. Total exports indicated a strong expansion 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, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

In 2021, Russia (X tons) represented the major exporter of anise, badian, fennel and coriander, creating X% of total exports. Bulgaria (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Ukraine (X%) and Poland (X%). Romania (X tons) occupied a relatively small share of total exports.

Russia was also the fastest-growing in terms of the anise, badian, fennel and coriander exports, with a CAGR of +X% from 2012 to 2021. At the same time, Poland (+X%) displayed positive paces of growth. By contrast, Ukraine (-X%), Bulgaria (-X%) and Romania (-X%) illustrated a downward trend over the same period. While the share of Russia (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Romania (-X p.p.), Ukraine (-X p.p.) and Bulgaria (-X p.p.) displayed negative dynamics.

In value terms, Russia ($X), Bulgaria ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined X% share of total exports.

In terms of the main exporting countries, Russia, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 export price for anise, badian, fennel and coriander in Eastern Europe stood at $X per ton in 2021, which is down by -X% against the previous year. Export price indicated pronounced growth from 2012 to 2021: its price 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, anise, badian, fennel and coriander export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by X% year-to-year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Romania ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Imports of Anise, Badian, Fennel And Coriander

Imports in Eastern Europe

Anise, badian, fennel and coriander imports expanded significantly to X tons in 2021, growing by X% against 2020. Total imports indicated a prominent expansion 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 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, anise, badian, fennel and coriander imports surged to $X in 2021. Total imports indicated a resilient expansion 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 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Imports by Country

Poland represented the main importing country with an import of around X tons, which amounted to X% of total imports. Russia (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by the Czech Republic (X%), Romania (X%) and Bulgaria (X%). Slovakia (X tons), Latvia (X tons), Ukraine (X tons), Hungary (X tons), Lithuania (X tons), Belarus (X tons) and Estonia (X tons) followed a long way behind the leaders.

Imports into Poland increased at an average annual rate of +X% from 2012 to 2021. At the same time, Ukraine (+X%), Romania (+X%), Lithuania (+X%), Bulgaria (+X%), Latvia (+X%), Russia (+X%), the Czech Republic (+X%), Belarus (+X%), Estonia (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2012-2021. By contrast, Slovakia (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Poland, Romania and Ukraine increased by +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest anise, badian, fennel and coriander importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined X% share of total imports. These countries were followed by Bulgaria, Romania, Latvia, Hungary, Slovakia, Ukraine, Estonia, Lithuania and Belarus, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price for anise, badian, fennel and coriander in Eastern Europe stood at $X per ton in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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