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

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

The average import price for anise, badian, fennel and coriander stood at $1,309 per ton in 2022, approximately equating the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 55% against the previous year. As a result, import price reached the peak level of $2,958 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($5,111 per ton), while the price for Russia ($1,097 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for anise, badian, fennel and coriander amounted to $1,081 per ton, approximately mirroring the previous year. Overall, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2019 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs at $2,359 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -4.6% per year.

Imports of Anise, Badian, Fennel and Coriander in Belarus

Anise, badian, fennel and coriander imports into Belarus reduced modestly to 526 tons in 2022, falling by -2.7% on 2021 figures. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 88%. As a result, imports attained the peak of 541 tons, and then reduced modestly in the following year.

In value terms, anise, badian, fennel and coriander imports declined modestly to $689K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. As a result, imports attained the peak of $717K, and then fell slightly in the following year.

Import of Anise, Badian, Fennel and Coriander in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	294	260	478	488	18.4%
Syrian Arab Republic	94.8	3.2	33.0	44.0	-22.6%
Lithuania	26.7	2.0	32.3	33.0	7.3%
Germany	1.8	0.9	18.5	18.9	119.0%
Finland	22.1	12.3	11.8	15.5	-11.2%
Others	61.2	146	143	89.1	13.3%
Total	500	424	717	689	11.3%

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

Russia (445.2 tons)
Lithuania (23.1 tons)
Finland (13.2 tons)
Syrian Arab Republic (10.3 tons)
Germany (9.0 tons)

Exports of Anise, Badian, Fennel and Coriander in Belarus

In 2022, overseas shipments of anise, badian, fennel and coriander decreased by -86% to 11 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 63%. As a result, the exports reached the peak of 81 tons, and then fell dramatically in the following year.

In value terms, anise, badian, fennel and coriander exports shrank markedly to $12K in 2022. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2020 when exports increased by 46%.