Asia: Market for Anise, Badian, Fennel And Coriander 2024

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

For the fourth year in a row, the Asian market for anise, badian, fennel and coriander recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, enjoyed strong growth. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Anise, Badian, Fennel And Coriander in Asia

In value terms, anise, badian, fennel and coriander production stood at $X in 2022 estimated in export price. In general, production, however, posted strong growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

India (X tons) constituted the country with the largest volume of anise, badian, fennel and coriander production, 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), sixfold. The third position in this ranking was held by Syrian Arab Republic (X tons), with a X% share.

In India, anise, badian, fennel and coriander production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Turkey (X% per year) and Syrian Arab Republic (X% per year).

The average anise, badian, fennel and coriander yield dropped modestly to X tons per ha in 2022, declining by X% against 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the yield increased by X%. The level of yield peaked at X tons per ha in 2021, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of anise, badian, fennel and coriander were harvested in Asia; remaining stable against the year before. In general, the harvested area enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to anise, badian, fennel and coriander production attained the peak figure at X ha in 2020; afterwards, it flattened through to 2022.

Exports of Anise, Badian, Fennel And Coriander

Exports in Asia

In 2022, shipments abroad of anise, badian, fennel and coriander decreased by X% to X tons, falling for the second year in a row after five years of growth. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, anise, badian, fennel and coriander exports shrank to $X in 2022. In general, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted modestly in the following year.

Exports by Country

India dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Syrian Arab Republic (X tons), Iran (X tons) and the United Arab Emirates (X tons), together constituting a X% share of total exports. Vietnam (X tons), Afghanistan (X tons) and Turkey (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Afghanistan (X%), Iran (X%), Vietnam (X%), Turkey (X%) and Syrian Arab Republic (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. The United Arab Emirates (X p.p.), Iran (X p.p.), Afghanistan (X p.p.) and Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Syrian Arab Republic and India saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Syrian Arab Republic (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the other leaders experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports in Asia

In 2022, after four years of growth, there was significant decline in supplies from abroad of anise, badian, fennel and coriander, when their volume decreased by X% to X tons. Overall, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, anise, badian, fennel and coriander imports dropped to $X in 2022. Over the period under review, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2021, and then fell in the following year.

Imports by Country

The countries with the highest levels of anise, badian, fennel and coriander imports in 2022 were India (X tons), Bangladesh (X tons) and China (X tons), together reaching X% of total import. It was distantly followed by the United Arab Emirates (X tons), Indonesia (X tons), Pakistan (X tons), Malaysia (X tons), Turkey (X tons) and Saudi Arabia (X tons), together generating a X% share of total imports. The following importers - Sri Lanka (X tons), Nepal (X tons), Yemen (X tons) and Japan (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anise, badian, fennel and coriander importing markets in Asia were China ($X), India ($X) and Bangladesh ($X), with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :