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

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

The Lithuanian market for anise, badian, fennel and coriander fell modestly to $X in 2022, shrinking by -2.6% against the previous year. Over the period under review, consumption, however, recorded a notable expansion. Anise, badian, fennel and coriander consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Anise, Badian, Fennel And Coriander in Lithuania

In value terms, anise, badian, fennel and coriander production fell to $X in 2022 estimated in export price. Overall, production posted noticeable growth. The pace of growth was the most pronounced in 2015 with an increase of 51%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

In 2022, the average yield of anise, badian, fennel and coriander in Lithuania surged to X kg per ha, growing by 101% compared with 2021 figures. Over the period under review, the yield indicated prominent growth from 2012 to 2022: its figure increased at an average annual rate of +5.3% 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 yield increased by +115.0% against 2020 indices. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of anise, badian, fennel and coriander in Lithuania was estimated at X ha, increasing by 3.1% against the previous year's figure. Overall, the total harvested area indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of +6.3% 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 -2.9% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 19% against the previous year. The anise, badian, fennel and coriander harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Exports of Anise, Badian, Fennel And Coriander

Exports from Lithuania

Anise, badian, fennel and coriander exports from Lithuania soared to X tons in 2022, jumping by 357% against 2021 figures. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander exports surged to $X in 2022. In general, exports saw a buoyant increase. As a result, the exports attained 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 Lithuania, with a 73% share of total exports. Moreover, anise, badian, fennel and coriander exports to India exceeded the volume sent to the second major destination, Germany (X tons), sevenfold. The third position in this ranking was held by Austria (X tons), with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at +212.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+8.7% per year) and Austria (+37.4% per year).

In value terms, India ($X) emerged as the key foreign market for anise, badian, fennel and coriander exports from Lithuania, comprising 55% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by Austria, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at +177.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.8% per year) and Austria (+46.0% per year).

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2022, reducing by -36.9% against the previous year. In general, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 62%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 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 Germany ($X per ton), while the average price for exports to India ($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 Austria (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Lithuania

After two years of decline, purchases abroad of anise, badian, fennel and coriander increased by 7.3% to X tons in 2022. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of 95% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, anise, badian, fennel and coriander imports expanded rapidly to $X in 2022. Over the period under review, imports posted a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 111%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of anise, badian, fennel and coriander to Lithuania, with a 62% share of total imports. Moreover, anise, badian, fennel and coriander imports from Finland exceeded the figures recorded by the second-largest supplier, Latvia (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from Finland stood at +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+19.3% per year) and Poland (+2.1% per year).

In value terms, Finland ($X) constituted the largest supplier of anise, badian, fennel and coriander to Lithuania, comprising 50% of total imports. The second position in the ranking was taken by Latvia ($X), with a 20% share of total imports. It was followed by Poland, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+19.9% per year) and Poland (+5.2% per year).

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform