Russian Federation: Market for Anise, Badian, Fennel And Coriander 2022

Market Size for Anise, Badian, Fennel And Coriander in the Russian Federation

The Russian market for anise, badian, fennel and coriander declined markedly to $X in 2021, which is down by -X% against the previous year. Overall, consumption recorded a pronounced decline. Anise, badian, fennel and coriander consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Production of Anise, Badian, Fennel And Coriander in the Russian Federation

In value terms, anise, badian, fennel and coriander production fell to $X in 2021 estimated in export prices. Over the period under review, production continues to indicate significant growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

In 2021, the average anise, badian, fennel and coriander yield in Russia shrank to X tons per ha, which is down by -X% on 2020 figures. In general, the yield faced a deep setback. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2021, the growth of the average anise, badian, fennel and coriander yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of anise, badian, fennel and coriander production in Russia was estimated at X ha, picking up by X% against the previous year. Over the period under review, the harvested area recorded a significant increase. The most prominent rate of growth was recorded in 2019 when the harvested area increased by X% year-to-year. The anise, badian, fennel and coriander harvested area peaked in 2021 and is expected to retain growth in the near future.

Exports of Anise, Badian, Fennel And Coriander

Exports from the Russian Federation

In 2021, overseas shipments of anise, badian, fennel and coriander increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, 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 significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Indonesia (X tons) was the main destination for anise, badian, fennel and coriander exports from Russia, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Indonesia exceeded the volume sent to the second major destination, India (X tons), twofold. Poland (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Indonesia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Poland (+X% per year).

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

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

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Uzbekistan ($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 Saudi Arabia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into the Russian Federation

Anise, badian, fennel and coriander imports into Russia surged to X tons in 2021, increasing by X% compared with the previous year. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its volume 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, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, anise, badian, fennel and coriander imports soared to $X in 2021. In general, imports recorded prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, India (X tons) constituted the largest anise, badian, fennel and coriander supplier to Russia, 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, Finland (X tons), twofold. The third position in this ranking was occupied by Egypt (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: Finland (+X% per year) and Egypt (-X% per year).

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

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

Import Prices by Country

In 2021, the average import price for anise, badian, fennel and coriander amounted to $X per ton, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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