Overview of the Global Market for Anise, Badian, Fennel And Coriander

Market Size for Anise, Badian, Fennel And Coriander

In 2021, after two years of decline, there was growth in the global market for anise, badian, fennel and coriander, when its value increased by X% to $X. Overall, consumption, however, posted buoyant growth. Over the period under review, the global market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Anise, Badian, Fennel And Coriander

In value terms, anise, badian, fennel and coriander production rose slightly to $X in 2021 estimated in export prices. Overall, production, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

India (X tons) remains the largest anise, badian, fennel and coriander producing country worldwide, comprising approx. X% of total volume. Moreover, anise, badian, fennel and coriander production in India exceeded the figures recorded by the second-largest producer, Turkey (X tons), fivefold. Mexico (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual growth rate of volume in India totaled +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Mexico (+X% per year).

In 2021, the global average anise, badian, fennel and coriander yield declined to X tons per ha, waning by -X% against 2020. The yield figure increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. The global yield peaked at X tons per ha in 2018; however, from 2019 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global anise, badian, fennel and coriander harvested area rose remarkably to X ha, increasing by X% on the previous year. Over the period under review, the harvested area posted buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The global harvested area peaked in 2021 and is likely to see gradual growth in years to come.

Production By Country

India (X tons) remains the largest anise, badian, fennel and coriander producing country worldwide, accounting for X% of total volume. Moreover, anise, badian, fennel and coriander production in India exceeded the figures recorded by the second-largest producer, Turkey (X tons), fivefold. Mexico (X tons) ranked third in terms of total production with a X% share.

In India, anise, badian, fennel and coriander production expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Mexico (+X% per year).

Exports of Anise, Badian, Fennel And Coriander

Exports

In 2021, after three years of growth, there was decline in overseas shipments of anise, badian, fennel and coriander, when their volume decreased by -X% to X tons. Overall, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. Over the period under review, the global exports hit record highs at X tons in 2020, and then reduced slightly in the following year.

In value terms, anise, badian, fennel and coriander exports rose to $X in 2021. Over the period under review, exports, however, posted a strong increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, the global exports hit record highs in 2021 and are likely to continue growth in the near future.

Exports by Country

India dominates anise, badian, fennel and coriander exports structure, resulting at X tons, which was approx. X% of total exports in 2021. Russia (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Syrian Arab Republic (X%). China (X tons), Bulgaria (X tons), Italy (X tons), Turkey (X tons), Vietnam (X tons), Egypt (X tons), Morocco (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to anise, badian, fennel and coriander exports from India stood at +X%. At the same time, Russia (+X%), Vietnam (+X%), Italy (+X%), Iran (+X%), Syrian Arab Republic (+X%), China (+X%), Morocco (+X%), Turkey (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, Bulgaria (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), Russia (+X p.p.) and Vietnam (+X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Egypt (-X p.p.) and Bulgaria (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest anise, badian, fennel and coriander supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Syrian Arab Republic, with a X% share.

In India, anise, badian, fennel and coriander exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: China (+X% per year) and Syrian Arab Republic (+X% per year).

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The global export price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Russia ($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 other global leaders experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports

In 2021, after five years of growth, there was decline in supplies from abroad of anise, badian, fennel and coriander, when their volume decreased by -X% to X tons. Overall, total imports indicated resilient growth from 2012 to 2021: its volume 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 2012 indices. The growth pace was the most rapid in 2020 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons, and then fell slightly in the following year.

In value terms, anise, badian, fennel and coriander imports dropped slightly to $X in 2021. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% y-o-y. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

In 2021, China (X tons), distantly followed by Bangladesh (X tons) and the United States (X tons) represented the largest importers of anise, badian, fennel and coriander, together committing X% of total imports. The following importers - Indonesia (X tons), Malaysia (X tons), Pakistan (X tons), the United Arab Emirates (X tons), Germany (X tons), Sri Lanka (X tons), Saudi Arabia (X tons), South Africa (X tons), Nepal (X tons) and India (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the anise, badian, fennel and coriander imports, with a CAGR of +X% from 2012 to 2021. At the same time, Bangladesh (+X%), Pakistan (+X%), Nepal (+X%), South Africa (+X%), Saudi Arabia (+X%), Sri Lanka (+X%), Germany (+X%), the United States (+X%), the United Arab Emirates (+X%), India (+X%) and Indonesia (+X%) displayed positive paces of growth. Malaysia experienced a relatively flat trend pattern. While the share of China (+X p.p.), Bangladesh (+X p.p.), Pakistan (+X p.p.) and Nepal (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of India (-X p.p.), the United Arab Emirates (-X p.p.), the United States (-X p.p.), Malaysia (-X p.p.) and Indonesia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest anise, badian, fennel and coriander importing markets worldwide were China ($X), the United States ($X) and Bangladesh ($X), with a combined X% share of global imports.

Among the main importing countries, China, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global 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 2021, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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