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

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

The Spanish market for anise, badian, fennel and coriander skyrocketed to $X in 2022, increasing by X% against the previous year. Overall, consumption continues to indicate resilient growth. Anise, badian, fennel and coriander consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Anise, Badian, Fennel And Coriander in Spain

In value terms, anise, badian, fennel and coriander production amounted to $X in 2022 estimated in export price. In general, production posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Anise, badian, fennel and coriander production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of anise, badian, fennel and coriander in Spain rose modestly to X tons per ha, picking up by X% compared with 2021. Overall, the yield indicated resilient growth from 2012 to 2022: its figure 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, anise, badian, fennel and coriander yield decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the average anise, badian, fennel and coriander yield attained the peak level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of anise, badian, fennel and coriander production in Spain reached X ha, standing approx. at the previous year. In general, the harvested area showed a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The anise, badian, fennel and coriander harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Exports of Anise, Badian, Fennel And Coriander

Exports from Spain

In 2022, anise, badian, fennel and coriander exports from Spain shrank markedly to X tons, with a decrease of X% on the year before. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, anise, badian, fennel and coriander exports declined to $X in 2022. Overall, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of anise, badian, fennel and coriander exports from Spain, together comprising X% of total exports. Peru, Brazil, Italy, Cuba, the UK, Paraguay, Portugal, Sri Lanka, the United States and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for anise, badian, fennel and coriander exported from Spain were France ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total exports. Portugal, Brazil, Peru, Cuba, the UK, Paraguay, Italy, the United States, Belgium and Sri Lanka lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Spain

In 2022, purchases abroad of anise, badian, fennel and coriander decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander imports declined slightly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest anise, badian, fennel and coriander supplier to Spain, accounting for a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from India exceeded the figures recorded by the second-largest supplier, Egypt (X tons), twofold. Syrian Arab Republic (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Syrian Arab Republic (X% per year).

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

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

Import Prices by Country

In 2022, the average import price for anise, badian, fennel and coriander amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached 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 Poland ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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