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

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

The Greek market for anise, badian, fennel and coriander expanded modestly to $X in 2022, increasing by 1.5% against the previous year. Over the period under review, consumption, however, continues to indicate a slight setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Anise, Badian, Fennel And Coriander in Greece

In value terms, anise, badian, fennel and coriander production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, saw a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 60%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of anise, badian, fennel and coriander in Greece reached X tons per ha in 2022, leveling off at the year before. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 2.3%. The anise, badian, fennel and coriander yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. 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 Greece amounted to X ha, remaining stable against the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the harvested area increased by 6.4%. Over the period under review, the harvested area dedicated to anise, badian, fennel and coriander production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Anise, Badian, Fennel And Coriander

Exports from Greece

In 2022, after five years of growth, there was significant decline in overseas shipments of anise, badian, fennel and coriander, when their volume decreased by -27.5% to X tons. Over the period under review, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 254%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped remarkably in the following year.

In value terms, anise, badian, fennel and coriander exports reduced to $X in 2022. Overall, exports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 184% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Pakistan (X tons), Cyprus (X tons) and Malta (X tons) were the main destinations of anise, badian, fennel and coriander exports from Greece, together comprising 81% of total exports. Bulgaria, Ireland, Germany and Iraq lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +49.8%), while the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Greece, comprising 39% of total exports. The second position in the ranking was held by Pakistan ($X), with a 17% share of total exports. It was followed by Malta, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus stood at +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (0.0% per year) and Malta (+31.9% per year).

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2022, increasing by 19% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 63% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Iraq ($X per ton), while the average price for exports to Pakistan ($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 Ireland (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel And Coriander

Imports into Greece

Anise, badian, fennel and coriander imports into Greece reached X tons in 2022, growing by 2.8% on 2021. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander imports rose significantly to $X in 2022. Overall, imports showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

India (X tons), Syrian Arab Republic (X tons) and Italy (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Greece, together comprising 46% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +78.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anise, badian, fennel and coriander suppliers to Greece were Italy ($X), India ($X) and Germany ($X), together accounting for 46% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +83.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for anise, badian, fennel and coriander amounted to $X per ton, rising by 4.9% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 +75.6% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 31%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform