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

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

In 2021, the Japanese market for anise, badian, fennel and coriander decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, the total consumption indicated a prominent increase 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, consumption increased by +X% against 2017 indices. Anise, badian, fennel and coriander consumption peaked at $X in 2020, and then contracted in the following year.

Exports of Anise, Badian, Fennel And Coriander

Exports from Japan

In 2021, the amount of anise, badian, fennel and coriander exported from Japan soared to X tons, picking up by X% against 2020. Overall, exports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander exports surged to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Finland (X tons), Turkey (X tons) and Vietnam (X tons) were the main destinations of anise, badian, fennel and coriander exports from Japan, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in Turkey (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for anise, badian, fennel and coriander exported from Japan were Finland ($X), Vietnam ($X) and Singapore ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Finland, 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

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a slight reduction. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Kenya ($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 Kenya (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Japan

After two years of growth, supplies from abroad of anise, badian, fennel and coriander decreased by -X% to X tons in 2021. In general, total imports indicated a resilient 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 2017 indices. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked at X tons in 2020, and then fell modestly in the following year.

In value terms, anise, badian, fennel and coriander imports declined to $X in 2021. Over the period under review, total imports indicated a strong expansion 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, imports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2020, and then shrank slightly in the following year.

Imports by Country

Morocco (X tons), India (X tons) and China (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Japan, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in India (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Morocco ($X) and China ($X) constituted the largest anise, badian, fennel and coriander suppliers to Japan, with a combined X% share of total imports.

India, with a CAGR of +X%, saw the highest growth rate of 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, falling by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Morocco ($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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