Price for Anise, Badian, Fennel and Coriander in Iraq - 2022

Price for Anise, Badian, Fennel and Coriander in Iraq (CIF) - 2022

The average import price for anise, badian, fennel and coriander stood at $1,768 per ton in 2022, waning by -3.8% against the previous year. Over the period under review, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 55%. As a result, import price attained the peak level of $3,018 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,802 per ton), while the price for Iran ($1,198 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Anise, Badian, Fennel and Coriander in Iraq (FOB) - 2022

The average export price for anise, badian, fennel and coriander stood at $2,183 per ton in 2022, which is down by -32.8% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices hit record highs at $9,133 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -13.3% per year.

Imports of Anise, Badian, Fennel and Coriander in Iraq

In 2022, approx. 1.9K tons of anise, badian, fennel and coriander were imported into Iraq; picking up by 3.7% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, anise, badian, fennel and coriander imports contracted to $3.4M in 2022. Overall, imports, however, recorded a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 0.6% against the previous year.

Import of Anise, Badian, Fennel and Coriander in Iraq (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	1,299	691	1,587	1,516	5.3%
United Arab Emirates	1,023	1,422	1,247	1,364	10.1%
India	1,164	868	450	253	-39.9%
Turkey	116	214	59.3	103	-3.9%
Ukraine	24.6	30.2	24.6	3.9	-45.9%
Others	108	196	74.1	191	20.9%
Total	3,734	3,422	3,441	3,431	-2.8%

Top Suppliers of Anise, Badian, Fennel and Coriander to Iraq in 2022:

Iran (1266.1 tons)
United Arab Emirates (505.2 tons)
India (66.5 tons)
Turkey (52.3 tons)
Ukraine (3.7 tons)

Exports of Anise, Badian, Fennel and Coriander in Iraq

In 2022, anise, badian, fennel and coriander exports from Iraq fell to 273 kg, which is down by -8.4% on 2021. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 473% against the previous year. As a result, the exports reached the peak of 298 kg, and then dropped in the following year.

In value terms, anise, badian, fennel and coriander exports declined rapidly to $596 in 2022. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 330% against the previous year. As a result, the exports attained the peak of $968, and then shrank sharply in the following year.