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

Contents:

1. Price for Anise, Badian, Fennel and Coriander in Algeria (CIF) - 2022
2. Price for Anise, Badian, Fennel and Coriander in Algeria (FOB) - 2022
3. Imports of Anise, Badian, Fennel and Coriander in Algeria
4. Exports of Anise, Badian, Fennel and Coriander in Algeria

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

The average import price for anise, badian, fennel and coriander stood at $2,476 per ton in 2022, surging by 17% against the previous year. In general, the import price recorded perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. The import price peaked at $3,666 per ton in 2019; however, from 2020 to 2022, 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 Egypt ($6,554 per ton), while the price for Russia ($1,206 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for anise, badian, fennel and coriander amounted to $3,268 per ton, rising by 8% against the previous year. Overall, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices attained the maximum at $5,500 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($6,287 per ton), while the average price for exports to the United Arab Emirates ($599 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 Canada (+20.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel and Coriander in Algeria

In 2022, the amount of anise, badian, fennel and coriander imported into Algeria reached 4.4K tons, flattening at 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. As a result, imports attained the peak of 4.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander imports soared to $11M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports failed to regain momentum.

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

1. Syrian Arab Republic (3092.2 tons)
2. Egypt (429.4 tons)
3. India (259.5 tons)
4. Bulgaria (230.5 tons)
5. Russia (141.8 tons)
6. Lebanon (84.5 tons)

Exports of Anise, Badian, Fennel and Coriander in Algeria

In 2022, the amount of anise, badian, fennel and coriander exported from Algeria declined sharply to 523 kg, reducing by -49.5% against the previous year. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 876%. As a result, the exports reached the peak of 1 tons, and then contracted sharply in the following year.

In value terms, anise, badian, fennel and coriander exports fell notably to $1.7K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 995%. As a result, the exports attained the peak of $3.1K, and then contracted significantly in the following year.

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

1. United Arab Emirates (177.0 kg)
2. France (133.0 kg)
3. Canada (80.0 kg)

Source: IndexBox Market Intelligence Platform