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

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

In 2021, after two years of growth, there was decline in the Spanish market for anise, badian, fennel and coriander, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated moderate growth 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 2018 indices. Over the period under review, the market attained the peak level at $X in 2020, and then contracted modestly in the following year.

Production of Anise, Badian, Fennel And Coriander in Spain

In value terms, anise, badian, fennel and coriander production contracted to $X in 2021 estimated in export prices. In general, production, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Anise, badian, fennel and coriander production peaked at $X in 2020, and then fell in the following year.

The average yield of anise, badian, fennel and coriander in Spain contracted markedly to X kg per ha in 2021, declining by -X% compared with 2020. Overall, the yield indicated perceptible growth from 2012 to 2021: its figure 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. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the average anise, badian, fennel and coriander yield reached the maximum level at X tons per ha in 2020, and then shrank notably 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.

In 2021, approx. X ha of anise, badian, fennel and coriander were harvested in Spain; with an increase of X% against the previous year's figure. Overall, the harvested area posted a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to anise, badian, fennel and coriander production reached the maximum in 2021 and is expected to retain growth in the immediate term.

Exports of Anise, Badian, Fennel And Coriander

Exports from Spain

In 2021, approx. X tons of anise, badian, fennel and coriander were exported from Spain; approximately equating the year before. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, anise, badian, fennel and coriander exports stood at $X in 2021. Overall, exports showed a strong increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

The UK (X tons), Peru (X tons) and the Netherlands (X tons) were the main destinations of anise, badian, fennel and coriander exports from Spain, with a combined X% share of total exports. Paraguay, Germany, France, Sri Lanka, Brazil, Cuba, the United States, Belgium, Italy and Ecuador lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Ecuador (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for anise, badian, fennel and coriander exported from Spain were the UK ($X), the Netherlands ($X) and Peru ($X), with a combined X% share of total exports. These countries were followed by France, Paraguay, Germany, Cuba, Brazil, the United States, Sri Lanka, Italy, Belgium and Ecuador, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

Imports of Anise, Badian, Fennel And Coriander

Imports into Spain

In 2021, approx. X tons of anise, badian, fennel and coriander were imported into Spain; increasing by X% against 2020 figures. In general, total imports indicated a mild expansion 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 2018 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, anise, badian, fennel and coriander imports surged to $X in 2021. Overall, total imports indicated a modest expansion 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, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of anise, badian, fennel and coriander to Spain, 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, Syrian Arab Republic (X tons), fourfold. Egypt (X tons) ranked third in terms of total imports 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: Syrian Arab Republic (-X% per year) and Egypt (+X% per year).

In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to Spain, comprising X% of total imports. The second position in the ranking was occupied by Syrian Arab Republic ($X), with a X% share of total imports. It was followed by Turkey, 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: Syrian Arab Republic (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average import price for anise, badian, fennel and coriander amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by X% y-o-y. The import price peaked in 2021 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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