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

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

The Swiss market for anise, badian, fennel and coriander was estimated at $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). In general, the total consumption indicated strong 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 2014 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the immediate term.

Exports of Anise, Badian, Fennel And Coriander

Exports from Switzerland

Anise, badian, fennel and coriander exports from Switzerland contracted sharply to X tons in 2021, waning by -X% on 2020. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, anise, badian, fennel and coriander exports contracted dramatically to $X in 2021. Overall, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% year-to-year. As a result, the exports attained the peak of $X, and then contracted markedly in the following year.

Exports by Country

Germany (X tons) was the main destination for anise, badian, fennel and coriander exports from Switzerland, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was occupied by Spain (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Spain (X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated a prominent expansion 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 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% y-o-y. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in years to come.

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

Imports of Anise, Badian, Fennel And Coriander

Imports into Switzerland

After three years of growth, overseas purchases of anise, badian, fennel and coriander decreased by -X% to X tons in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked at X tons in 2020, and then declined modestly in the following year.

In value terms, anise, badian, fennel and coriander imports declined to $X in 2021. Over the period under review, total imports indicated a strong 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 2014 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020, and then dropped modestly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest anise, badian, fennel and coriander supplier to Switzerland, with a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from Germany exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Morocco (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 Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Morocco (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Morocco (+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 from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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