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

Contents:

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

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

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $8,173 per ton in 2022, reducing by -2.9% against the previous year. Over the period under review, the export price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 236%. Over the period under review, the average export prices attained the peak figure at $12,838 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($11,519 per ton), while the average price for exports to Germany ($3,408 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 Germany (+3.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $7,137 per ton, surging by 22% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average import price increased by 46%. The import price peaked at $8,352 per ton in 2019; however, from 2020 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 Germany ($10,279 per ton), while the price for Italy ($1,774 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground exported from Hungary totaled 32 tons, surging by 12% compared with 2021. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground rose remarkably to $261K in 2022. The total export value increased at an average annual rate of +8.0% 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 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Czech Republic (7.4 tons)
2. Germany (6.7 tons)
3. Austria (5.1 tons)
4. Slovakia (3.6 tons)
5. Croatia (3.0 tons)
6. Bosnia and Herzegovina (1.7 tons)
7. Slovenia (1.1 tons)
8. Serbia (0.9 tons)
9. Italy (0.6 tons)

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

In 2022, supplies from abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -19% to 36 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of 45 tons, and then fell markedly in the following year.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground reduced modestly to $259K in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16%.

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

1. Germany (19.9 tons)
2. Italy (8.7 tons)
3. Netherlands (2.9 tons)
4. Austria (2.1 tons)
5. Slovakia (2.0 tons)

Source: IndexBox Market Intelligence Platform