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

Contents:

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

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

In 2022, the average import price for anise, badian, fennel and coriander amounted to $784 per ton, shrinking by -38.1% against the previous year. Over the period under review, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. The import price peaked at $4,729 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($2,598 per ton), while the price for Spain ($650 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for anise, badian, fennel and coriander stood at $238 per ton in 2022, shrinking by -32.8% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 666%. As a result, the export price attained the peak level of $4,375 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sao Tome and Principe.

From 2015 to 2022, the rate of growth in terms of prices for Bahamas amounted to -27.8% per year.

Imports of Anise, Badian, Fennel and Coriander in Angola

In 2022, the amount of anise, badian, fennel and coriander imported into Angola skyrocketed to 147 tons, increasing by 103% against 2021 figures. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports skyrocketed to $116K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 increased by +85.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Portugal (105.8 tons)
2. India (28.8 tons)
3. Spain (4.5 tons)
4. United Arab Emirates (4.0 tons)

Exports of Anise, Badian, Fennel and Coriander in Angola

After two years of growth, shipments abroad of anise, badian, fennel and coriander decreased by -2.6% to 151 kg in 2022. The total export volume increased at an average annual rate of +1.0% from 2020 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 4.7%. As a result, the exports attained the peak of 155 kg, and then dropped in the following year.

In value terms, anise, badian, fennel and coriander exports reduced sharply to $36 in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 224%. As a result, the exports attained the peak of $55, and then shrank remarkably in the following year.

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

1. Sao Tome and Principe (151.0 kg)

Source: IndexBox Market Intelligence Platform