Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium - 2023

Contents:

1. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium (CIF) - 2022
2. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium (FOB) - 2022
3. Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium
4. Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium (CIF) - 2022

In 2022, the average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $3,892 per ton, waning by -4.8% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The pace of growth was the most pronounced in 2016 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $5,107 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($5,535 per ton), while the price for Finland ($2,136 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium (FOB) - 2022

In 2022, the average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $5,282 per ton, surging by 47% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($8,654 per ton), while the average price for exports to the Czech Republic ($2,446 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 Estonia (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, when their volume decreased by -8.8% to 236 tons. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground shrank to $918K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33%.

Top Suppliers of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground to Belgium in 2022:

1. Germany (109.3 tons)
2. Netherlands (80.1 tons)
3. France (26.2 tons)
4. Turkey (9.8 tons)
5. Finland (3.8 tons)
6. Egypt (0.3 tons)

Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, when their volume decreased by -45.2% to 78 tons. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 82%. As a result, the exports attained the peak of 142 tons, and then fell notably in the following year.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground dropped notably to $410K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 125% against the previous year.

Top Export Markets for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground from Belgium in 2022:

1. France (31.3 tons)
2. Germany (16.1 tons)
3. Netherlands (13.4 tons)
4. Czech Republic (7.0 tons)
5. United Kingdom (3.9 tons)
6. Poland (2.5 tons)
7. Spain (2.0 tons)

Source: IndexBox Market Intelligence Platform