Ethiopia: Market for Anise, Badian, Fennel And Coriander 2024

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

The Ethiopian market for anise, badian, fennel and coriander soared to $X in 2022, rising by 19% against the previous year. Over the period under review, consumption posted a resilient expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Anise, Badian, Fennel And Coriander in Ethiopia

In value terms, anise, badian, fennel and coriander production rose modestly to $X in 2022 estimated in export price. Overall, production recorded strong growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 99%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of anise, badian, fennel and coriander in Ethiopia totaled X kg per ha, approximately reflecting 2021. Over the period under review, the yield, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 when the yield increased by 25%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the average 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 2022, the anise, badian, fennel and coriander harvested area in Ethiopia reached X ha, approximately mirroring the previous year. Overall, the total harvested area indicated prominent growth from 2012 to 2022: its figure increased at an average annual rate of +5.7% 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 harvested area decreased by -0.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 89%. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the anise, badian, fennel and coriander harvested area remained at a somewhat lower figure.

Exports of Anise, Badian, Fennel And Coriander

Exports from Ethiopia

In 2022, approx. X tons of anise, badian, fennel and coriander were exported from Ethiopia; falling by -27.7% against the year before. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 121%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander exports reduced rapidly to $X in 2022. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 171%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Indonesia (X tons), Somalia (X tons) and Morocco (X tons) were the main destinations of anise, badian, fennel and coriander exports from Ethiopia, with a combined 61% share of total exports. Kenya, Saudi Arabia, India, Algeria, Sri Lanka, Pakistan, the United States, Turkey, Yemen and Egypt lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +20.8%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Ethiopia, comprising 59% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 11% share of total exports. It was followed by Somalia, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Indonesia amounted to +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-10.5% per year) and Somalia (-0.2% per year).

Export Prices by Country

In 2022, the average export price for anise, badian, fennel and coriander amounted to $X per ton, dropping by -5.4% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 63%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Kenya ($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 Sri Lanka (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Ethiopia

In 2022, approx. X tons of anise, badian, fennel and coriander were imported into Ethiopia; increasing by 119% against the previous year. In general, imports saw a slight increase. The pace of growth appeared the most rapid in 2016 when imports increased by 182% against the previous year. Over the period under review, imports attained the peak figure 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 saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 174% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of anise, badian, fennel and coriander to Ethiopia, accounting for a 76% share of total imports. Moreover, anise, badian, fennel and coriander imports from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-11.1% per year) and Germany (+38.0% per year).

In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to Ethiopia, comprising 62% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-2.4% per year) and Germany (+29.2% per year).

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2022, which is down by -2.6% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +76.6% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 65%. The import price peaked at $X per ton in 2021, and then contracted slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform