Report Update: Apr 1, 2024

Hungary - Anise, Badian, Fennel And Coriander - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

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

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

In July 2023, the average import price for anise, badian, fennel and coriander amounted to $7,478 per ton, growing by 3.5% against the previous month. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in June 2023 an increase of 156% m-o-m. The import price peaked at $8,734 per ton in April 2023; however, from May 2023 to July 2023, 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 Germany ($17,185 per ton), while the price for Italy ($2,150 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 Germany (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Anise, Badian, Fennel and Coriander in Hungary (FOB) - 2023

In July 2023, the average export price for anise, badian, fennel and coriander amounted to $12,024 per ton, surging by 41% against the previous month. Over the period under review, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in February 2023 an increase of 75% against the previous month. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($22,648 per ton), while the average price for exports to Germany ($6,438 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel and Coriander in Hungary

For the fourth consecutive year, Hungary recorded growth in supplies from abroad of anise, badian, fennel and coriander, which increased by 12% to 651 tons in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 124% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, anise, badian, fennel and coriander imports surged to $2.3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 +71.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Anise, Badian, Fennel and Coriander in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Serbia	74.0	180	190	638	105.1%
Germany	349	324	276	421	6.5%
Netherlands	275	286	315	267	-1.0%
Austria	246	310	288	237	-1.2%
Czech Republic	46.7	5.6	112	201	62.7%
Slovakia	18.3	39.0	50.4	71.3	57.4%
Romania	7.7	20.9	23.2	67.0	105.7%
India	0.3	9.8	83.2	64.7	499.7%
Latvia	53.2	93.2	53.3	54.3	0.7%
Lithuania	40.2	110	31.9	53.0	9.7%
Egypt	60.8	42.0	28.5	47.9	-7.6%
Poland	74.7	75.3	65.0	39.5	-19.1%
Slovenia	21.4	32.3	105	26.2	7.0%
Others	63.9	73.6	226	98.6	15.6%
Total	1,331	1,601	1,846	2,286	19.8%

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

Czech Republic (137.6 tons)
Serbia (122.6 tons)
Netherlands (99.9 tons)
Germany (46.6 tons)
Austria (44.1 tons)
Lithuania (32.2 tons)
Egypt (26.0 tons)
Slovenia (25.0 tons)
Poland (23.5 tons)
Latvia (20.8 tons)
India (20.4 tons)
Slovakia (15.8 tons)
Romania (11.8 tons)

Exports of Anise, Badian, Fennel and Coriander in Hungary

In 2022, after three years of growth, there was significant decline in shipments abroad of anise, badian, fennel and coriander, when their volume decreased by -54.5% to 264 tons. Over the period under review, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of 581 tons, and then fell significantly in the following year.

In value terms, anise, badian, fennel and coriander exports dropped sharply to $902K in 2022. Overall, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. As a result, the exports reached the peak of $1.8M, and then contracted dramatically in the following year.

Export of Anise, Badian, Fennel and Coriander in Hungary (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	642	892	1,418	462	-10.4%
Czech Republic	91.8	75.7	59.2	87.2	-1.7%
Slovakia	45.3	70.5	68.3	66.7	13.8%
Croatia	37.5	41.4	51.1	50.0	10.1%
Romania	29.8	38.6	39.3	39.1	9.5%
Austria	40.8	11.3	44.7	39.0	-1.5%
Netherlands	0.1	7.8	17.5	26.6	543.1%
Others	145	156	103	131	-3.3%
Total	1,033	1,293	1,802	902	-4.4%

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

Germany (177.1 tons)
Czech Republic (15.8 tons)
Slovakia (14.2 tons)
Romania (10.3 tons)
Croatia (10.0 tons)
Austria (8.7 tons)
Netherlands (5.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 711 - Anise, badian, fennel

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023