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

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

The Malaysian market for anise, badian, fennel and coriander reached $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). The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Anise, badian, fennel and coriander consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Exports of Anise, Badian, Fennel And Coriander

Exports from Malaysia

In 2021, overseas shipments of anise, badian, fennel and coriander decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, anise, badian, fennel and coriander exports fell significantly to $X in 2021. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X tons) was the main destination for anise, badian, fennel and coriander exports from Malaysia, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Thailand exceeded the volume sent to the second major destination, Australia (X tons), fourfold. Singapore (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual growth rate of volume to Thailand amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Singapore (-X% per year).

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

From 2012 to 2021, the average annual growth rate of value to Thailand amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Singapore (-X% per year).

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2021, growing by X% against the previous year. In general, export price indicated noticeable growth from 2012 to 2021: its price 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, anise, badian, fennel and coriander export price increased by +X% against 2015 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Pakistan ($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 Thailand (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Malaysia

In 2021, supplies from abroad of anise, badian, fennel and coriander decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, anise, badian, fennel and coriander imports expanded remarkably to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest anise, badian, fennel and coriander supplier to Malaysia, accounting for a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from India exceeded the figures recorded by the second-largest supplier, Egypt (X tons), more than tenfold. The third position in this ranking was occupied by Russia (X tons), with a X% share.

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

In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to Malaysia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2021, the average annual growth rate of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Bangladesh (+X% per year).

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while the price for Russia ($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 mixed trend patterns.

Source: IndexBox Platform

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