Price for Anise, Badian, Fennel and Coriander in Switzerland - 2023

Contents:

1. Price for Anise, Badian, Fennel and Coriander in Switzerland (CIF) - 2023
2. Price for Anise, Badian, Fennel and Coriander in Switzerland (FOB) - 2023
3. Imports of Anise, Badian, Fennel and Coriander in Switzerland
4. Exports of Anise, Badian, Fennel and Coriander in Switzerland

Price for Anise, Badian, Fennel and Coriander in Switzerland (CIF) - 2023

In August 2023, the average import price for anise, badian, fennel and coriander amounted to $7,122 per ton, with a decrease of -21.1% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 34% month-to-month. As a result, import price reached the peak level of $9,732 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($27,622 per ton), while the price for Russia ($3,180 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Anise, Badian, Fennel and Coriander in Switzerland (FOB) - 2023

The average export price for anise, badian, fennel and coriander stood at $15,630 per ton in August 2023, increasing by 14% against the previous month. Overall, the export price posted a slight expansion. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 142% month-to-month. As a result, the export price reached the peak level of $37,821 per ton. From June 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($23,286 per ton), while the average price for exports to Vietnam ($10,330 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel and Coriander in Switzerland

In 2022, imports of anise, badian, fennel and coriander into Switzerland expanded rapidly to 1.3K tons, growing by 7.4% against the previous year's figure. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports fell to $7.9M in 2022. The total import value increased at an average annual rate of +11.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year.

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

1. Germany (321.8 tons)
2. India (185.9 tons)
3. Bulgaria (129.9 tons)
4. Ukraine (106.3 tons)
5. Morocco (100.3 tons)
6. Italy (93.8 tons)
7. Spain (50.8 tons)
8. Egypt (38.0 tons)
9. France (33.5 tons)
10. Finland (28.8 tons)
11. Turkey (27.7 tons)
12. Netherlands (27.7 tons)
13. Austria (27.6 tons)

Exports of Anise, Badian, Fennel and Coriander in Switzerland

In 2022, overseas shipments of anise, badian, fennel and coriander decreased by -18.6% to 91 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 33%.

In value terms, anise, badian, fennel and coriander exports surged to $1.2M in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Anise, Badian, Fennel and Coriander from Switzerland in 2022:

1. United Kingdom (72.5 tons)
2. Germany (9.5 tons)
3. Italy (5.2 tons)
4. Spain (3.0 tons)

Source: IndexBox Market Intelligence Platform