Price for Anise, Badian, Fennel and Coriander in Sri Lanka - 2021
Contents:
- Price for Anise, Badian, Fennel and Coriander in Sri Lanka (CIF) - 2022
- Price for Anise, Badian, Fennel and Coriander in Sri Lanka (FOB) - 2022
- Imports of Anise, Badian, Fennel and Coriander in Sri Lanka
- Exports of Anise, Badian, Fennel and Coriander in Sri Lanka
Price for Anise, Badian, Fennel and Coriander in Sri Lanka (CIF) - 2022
In 2022, the average import price for anise, badian, fennel and coriander amounted to $1,409 per ton, rising by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,320 per ton), while the price for Morocco ($741 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Anise, Badian, Fennel and Coriander in Sri Lanka (FOB) - 2022
The average export price for anise, badian, fennel and coriander stood at $4,480 per ton in 2022, picking up by 21% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, anise, badian, fennel and coriander export price increased by +42.0% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 59% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($12,478 per ton), while the average price for exports to Switzerland ($1,319 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 the United States (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Anise, Badian, Fennel and Coriander in Sri Lanka
In 2022, overseas purchases of anise, badian, fennel and coriander decreased by -42.6% to 15K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 39%.
In value terms, anise, badian, fennel and coriander imports reduced markedly to $21M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 29%.
| Import of Anise, Badian, Fennel and Coriander in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.2 | 9.5 | 11.0 | 10.7 | 9.3% |
| Argentina | 0.9 | 0.7 | 1.9 | 3.2 | 52.6% |
| Russia | 1.9 | 3.4 | 3.7 | 2.7 | 12.4% |
| Bulgaria | 3.9 | 4.7 | 3.1 | 2.5 | -13.8% |
| Ukraine | 0.7 | 1.0 | 1.0 | 0.5 | -10.6% |
| Morocco | 1.0 | 1.9 | 2.2 | 0.4 | -26.3% |
| Pakistan | 1.5 | 0.9 | 0.7 | 0.3 | -41.5% |
| Italy | 1.4 | N/A | 0.1 | 0.1 | -58.5% |
| Others | 1.6 | 5.3 | 5.5 | 1.0 | -14.5% |
| Total | 21.2 | 27.3 | 29.2 | 21.4 | 0.3% |
Top Suppliers of Anise, Badian, Fennel and Coriander to Sri Lanka in 2022:
- India (4.6K tons)
- Russia (3.1K tons)
- Argentina (3.0K tons)
- Bulgaria (2.4K tons)
- Ukraine (0.6K tons)
- Morocco (0.6K tons)
- Pakistan (0.2K tons)
- Italy (0.1K tons)
Exports of Anise, Badian, Fennel and Coriander in Sri Lanka
In 2022, the amount of anise, badian, fennel and coriander exported from Sri Lanka fell markedly to 20 tons, reducing by -48.1% against 2021 figures. Over the period under review, exports showed a sharp curtailment. The smallest decline of -18.9% was in 2020.
In value terms, anise, badian, fennel and coriander exports fell remarkably to $91K in 2022. In general, exports recorded a sharp curtailment. The smallest decline of -25.5% was in 2020.
| Export of Anise, Badian, Fennel and Coriander in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 28.6 | 11.5 | 3.3 | 23.3 | -6.6% |
| Maldives | 125 | 36.8 | 13.2 | 20.2 | -45.5% |
| United Kingdom | 20.4 | 40.2 | 20.2 | 12.0 | -16.2% |
| Italy | 19.5 | 34.9 | 10.4 | 6.2 | -31.7% |
| Australia | 10.9 | 28.8 | 7.4 | 3.7 | -30.2% |
| United States | 4.9 | 25.2 | 23.5 | 3.3 | -12.3% |
| France | 0.3 | 27.1 | 7.3 | 3.1 | 117.8% |
| New Zealand | 4.2 | 4.8 | 2.8 | 2.4 | -17.0% |
| Cyprus | 1.2 | 2.7 | 1.6 | 2.3 | 24.2% |
| United Arab Emirates | 35.2 | 43.6 | 7.0 | 2.0 | -61.6% |
| Canada | 26.7 | 46.1 | 11.1 | 1.7 | -60.1% |
| Germany | 13.5 | 15.8 | 11.7 | 1.3 | -54.2% |
| Switzerland | 0.7 | 0.7 | 0.4 | 0.6 | -5.0% |
| Others | 408 | 203 | 24.2 | 8.5 | -72.5% |
| Total | 699 | 521 | 144 | 90.6 | -49.4% |
Top Export Markets for Anise, Badian, Fennel and Coriander from Sri Lanka in 2022:
- United Kingdom (5.3 tons)
- Japan (4.2 tons)
- Maldives (2.8 tons)
- France (2.2 tons)
- United States (0.7 tons)
- United Arab Emirates (0.7 tons)
- Australia (0.6 tons)
- Germany (0.6 tons)
- Italy (0.5 tons)
- Switzerland (0.5 tons)
- Canada (0.4 tons)
- New Zealand (0.4 tons)
- Cyprus (0.4 tons)
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This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Sri Lanka.
572
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
431
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Sri Lanka.
572
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
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