New Zealand: Market for Anise, Badian, Fennel And Coriander 2022

Market Size for Anise, Badian, Fennel And Coriander in New Zealand

For the sixth year in a row, the New Zealand market for anise, badian, fennel and coriander recorded growth in sales value, which increased by X% to $X in 2021. Over the period under review, the total consumption indicated a strong increase 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, consumption increased by +X% against 2013 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Exports of Anise, Badian, Fennel And Coriander

Exports from New Zealand

In 2021, the amount of anise, badian, fennel and coriander exported from New Zealand shrank significantly to X tons, falling by -X% against the previous year's figure. Over the period under review, exports showed a precipitous decrease. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander exports plummeted to $X in 2021. Overall, exports showed a precipitous decline. The growth pace was the most rapid in 2016 when exports increased by X% y-o-y. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Samoa (X kg), Australia (X kg) and the United States (X kg) were the main destinations of anise, badian, fennel and coriander exports from New Zealand, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (+X%), while the other leaders experienced mixed trend patterns.

In value terms, Australia ($X), the United States ($X) and Cook Islands ($X) appeared to be the largest markets for anise, badian, fennel and coriander exported from New Zealand worldwide, with a combined X% share of total exports.

Australia, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2021, falling by -X% against the previous year. In general, the export price, however, showed resilient growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% y-o-y. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then contracted notably in the following year.

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

Imports of Anise, Badian, Fennel And Coriander

Imports into New Zealand

In 2021, the amount of anise, badian, fennel and coriander imported into New Zealand expanded notably to X tons, growing by X% against 2020. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, anise, badian, fennel and coriander imports expanded significantly to $X in 2021. In general, total imports 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, imports increased by +X% against 2013 indices. 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 maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

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

From 2012 to 2021, the average annual growth rate of volume from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and Vietnam (+X% per year).

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

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

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2021, almost unchanged from the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while the price for India ($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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