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

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

The Peruvian market for anise, badian, fennel and coriander rose to $X in 2022, growing by 4.7% against the previous year. In general, consumption enjoyed a strong expansion. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Anise, Badian, Fennel And Coriander in Peru

In value terms, anise, badian, fennel and coriander production rose remarkably to $X in 2022 estimated in export price. In general, production, however, faced a deep setback. The pace of growth was the most pronounced in 2019 when the production volume increased by 67%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of anise, badian, fennel and coriander in Peru shrank to X tons per ha in 2022, waning by -15% against the previous year. Overall, the yield, however, continues to indicate moderate growth. The pace of growth appeared the most rapid in 2019 when the yield increased by 140%. The anise, badian, fennel and coriander yield peaked at X tons per ha in 2021, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The anise, badian, fennel and coriander harvested area in Peru skyrocketed to X ha in 2022, picking up by 23% compared with 2021. Over the period under review, the harvested area, however, continues to indicate a deep downturn. The anise, badian, fennel and coriander harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Exports of Anise, Badian, Fennel And Coriander

Exports from Peru

In 2022, approx. X tons of anise, badian, fennel and coriander were exported from Peru; standing approx. at the year before. Over the period under review, exports, however, showed prominent growth. The growth pace was the most rapid in 2014 when exports increased by 1,310% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander exports dropped to $X in 2022. Overall, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2014 when exports increased by 609% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Chile (X tons), the United States (X tons) and Spain (X tons) were the main destinations of anise, badian, fennel and coriander exports from Peru, together accounting for 89% of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +67.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and Chile ($X) appeared to be the largest markets for anise, badian, fennel and coriander exported from Peru worldwide, together accounting for 82% of total exports.

Among the main countries of destination, Chile, with a CAGR of +66.2%, recorded the highest growth rate of 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

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2016 when the average export price increased by 28%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Chile ($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 Mexico (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel And Coriander

Imports into Peru

In 2022, approx. X tons of anise, badian, fennel and coriander were imported into Peru; growing by 9.8% against 2021 figures. Overall, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 187%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander imports stood at $X in 2022. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 200% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest anise, badian, fennel and coriander supplier to Peru, accounting for a 67% share of total imports. Moreover, anise, badian, fennel and coriander imports from India exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+45.3% per year) and Turkey (+7.3% per year).

In value terms, India ($X), Spain ($X) and Vietnam ($X) appeared to be the largest anise, badian, fennel and coriander suppliers to Peru, together accounting for 92% of total imports.

Spain, with a CAGR of +43.0%, saw the highest growth rate of the value of imports, in terms of 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 2022, reducing by -6.1% against the previous year. In general, the import price, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 50% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform