Price for Anise, Badian, Fennel and Coriander in Oman - 2021

Contents:

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

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

In 2022, the average import price for anise, badian, fennel and coriander amounted to $1,495 per ton, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of 18%. The import price peaked at $1,692 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,513 per ton), while the price for India stood at $1,407 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.8%).

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

The average export price for anise, badian, fennel and coriander stood at $1,504 per ton in 2022, surging by 11% against the previous year. Overall, the export price posted a moderate increase. The growth pace was the most rapid in 2016 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices hit record highs at $3,508 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Qatar ($3,861 per ton), while the average price for exports to Yemen ($1,165 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 Qatar (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel and Coriander in Oman

In 2022, approx. 3.8K tons of anise, badian, fennel and coriander were imported into Oman; approximately mirroring 2021. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of 3.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, anise, badian, fennel and coriander imports declined modestly to $5.7M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 28% against the previous year.

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

1. United Arab Emirates (2.5K tons)
2. India (1.2K tons)

Exports of Anise, Badian, Fennel and Coriander in Oman

In 2022, exports of anise, badian, fennel and coriander from Oman rose notably to 314 tons, surging by 5.4% on 2021 figures. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 250% against the previous year. As a result, the exports reached the peak of 326 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, anise, badian, fennel and coriander exports soared to $473K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 112%. As a result, the exports reached the peak of $542K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Yemen (177.8 tons)
2. Nepal (86.9 tons)
3. India (41.2 tons)
4. Qatar (4.4 tons)

Source: IndexBox Market Intelligence Platform