Price for Anise, Badian, Fennel and Coriander in Denmark - 2023

Contents:

  1. Price for Anise, Badian, Fennel and Coriander in Denmark (CIF) - 2023
  2. Price for Anise, Badian, Fennel and Coriander in Denmark (FOB) - 2022
  3. Imports of Anise, Badian, Fennel and Coriander in Denmark
  4. Exports of Anise, Badian, Fennel and Coriander in Denmark

Price for Anise, Badian, Fennel and Coriander in Denmark (CIF) - 2023

The average import price for anise, badian, fennel and coriander stood at $8,040 per ton in July 2023, with an increase of 61% against the previous month. Over the period under review, the import price recorded a slight expansion. The growth pace was the most rapid in April 2023 an increase of 63% month-to-month. As a result, import price reached the peak level of $12,945 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was India ($45,400 per ton), while the price for Finland ($3,087 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for anise, badian, fennel and coriander amounted to $7,713 per ton, declining by -10.6% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 38%. Over the period under review, the average export prices hit record highs at $14,225 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($13,079 per ton), while the average price for exports to Portugal ($4,507 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 Finland (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Anise, Badian, Fennel and Coriander in Denmark

Anise, badian, fennel and coriander imports into Denmark expanded sharply to 408 tons in 2022, growing by 8.7% compared with 2021. In general, imports saw a relatively flat trend pattern.

In value terms, anise, badian, fennel and coriander imports fell to $2.9M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $3M, and then declined in the following year.

Import of Anise, Badian, Fennel and Coriander in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8857441,0921,0786.8%
Sweden674709520519-8.3%
Netherlands4252807884391.1%
Turkey82.118855.915222.8%
Spain91.566.953.714115.5%
United Kingdom70.016447.580.54.8%
India2.15.711574.7228.9%
Finland64.178.665.459.5-2.5%
Others22427728130711.1%
Total2,5182,5133,0182,8514.2%

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

  1. Germany (149.8 tons)
  2. Netherlands (79.3 tons)
  3. Turkey (46.9 tons)
  4. Sweden (25.5 tons)
  5. Finland (20.7 tons)
  6. United Kingdom (19.5 tons)
  7. India (19.0 tons)
  8. Spain (14.7 tons)

Exports of Anise, Badian, Fennel and Coriander in Denmark

Anise, badian, fennel and coriander exports from Denmark soared to 49 tons in 2022, jumping by 63% against the year before. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 134%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, anise, badian, fennel and coriander exports skyrocketed to $379K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Anise, Badian, Fennel and Coriander in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden48.179.159.910830.9%
Norway35.813970.210744.0%
Iceland5.66.713.862.0122.9%
France12.310.019.328.432.2%
Finland6.715.714.719.442.5%
Faroe Islands18.09.742.315.2-5.5%
Portugal4.24.74.94.73.8%
Others44.354.934.734.1-8.4%
Total17532026037929.4%

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

  1. Sweden (17.5 tons)
  2. Norway (11.4 tons)
  3. Iceland (10.6 tons)
  4. France (3.3 tons)
  5. Faroe Islands (1.6 tons)
  6. Finland (1.5 tons)
  7. Portugal (1.0 tons)

Source: IndexBox Market Intelligence Platform

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