Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway - 2024

Contents:

1. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway (CIF) - 2022
2. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway (FOB) - 2022
3. Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway
4. Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway (CIF) - 2022

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $9,835 per ton in 2022, growing by 73% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground increased by +101.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($44,254 per ton), while the price for India ($3,132 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway (FOB) - 2022

In 2022, the average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $1,571 per ton, approximately reflecting the previous year. Over the period under review, the export price faced a abrupt contraction. The growth pace was the most rapid in 2013 an increase of 463% against the previous year. As a result, the export price reached the peak level of $29,444 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -29.9% per year.

Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway

In 2022, purchases abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -45.5% to 12 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of 23 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground contracted to $119K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 97% against the previous year.

Top Suppliers of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground to Norway in 2022:

1. Germany (3.2 tons)
2. Turkey (1.8 tons)
3. Egypt (1.6 tons)
4. Vietnam (1.1 tons)
5. China (1.1 tons)
6. India (0.6 tons)
7. Poland (0.5 tons)
8. Netherlands (0.4 tons)
9. Spain (0.4 tons)
10. Finland (0.2 tons)
11. Bosnia and Herzegovina (0.2 tons)

Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Norway

In 2022, after three years of growth, there was decline in shipments abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, when their volume decreased by -0.9% to 20 tons. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 13,518%.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground reduced modestly to $31K in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 3,629% against the previous year.

Top Export Markets for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground from Norway in 2022:

1. Spain (20.0 tons)

Source: IndexBox Market Intelligence Platform