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

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

The Luxembourg market for anise, badian, fennel and coriander totaled $X in 2021, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a prominent expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Exports of Anise, Badian, Fennel And Coriander

Exports from Luxembourg

In 2021, the amount of anise, badian, fennel and coriander exported from Luxembourg surged to X kg, with an increase of X% compared with the previous year. Over the period under review, total exports indicated a mild expansion from 2012 to 2021: its volume 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 decreased by -X% against 2017 indices. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, anise, badian, fennel and coriander exports soared to $X in 2021. In general, exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Belgium (X kg) was the main destination for anise, badian, fennel and coriander exports from Luxembourg, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Belgium exceeded the volume sent to the second major destination, France (X kg), threefold. Germany (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Germany (+X% per year).

In value terms, Belgium ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Luxembourg, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2021, the average annual growth rate of value to Belgium stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, the highest prices were recorded for prices to Belgium ($X per ton) and the Netherlands ($X per ton), while the average price for exports to France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced a decline.

Imports of Anise, Badian, Fennel And Coriander

Imports into Luxembourg

In 2021, the amount of anise, badian, fennel and coriander imported into Luxembourg rose markedly to X tons, with an increase of X% on the previous year. Over the period under review, imports posted prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, anise, badian, fennel and coriander imports rose sharply to $X in 2021. Overall, total imports indicated a prominent 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 2016 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of anise, badian, fennel and coriander to Luxembourg, accounting for a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Belgium (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of anise, badian, fennel and coriander to Luxembourg, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Belgium (-X% per year).

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price, however, saw a abrupt setback. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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