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

Contents:

1. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in India (FOB) - 2023
2. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in India (CIF) - 2023
3. Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in India
4. Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in India

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in India (FOB) - 2023

In November 2023, the average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $3,244 per ton, growing by 3.6% against the previous month. Overall, the export price, however, saw a mild decrease. The pace of growth was the most pronounced in June 2023 when the average export price increased by 13% month-to-month. As a result, the export price attained the peak level of $3,803 per ton. From July 2023 to November 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8,706 per ton), while the average price for exports to South Africa ($2,758 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in India (CIF) - 2023

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $1,268 per ton in November 2023, growing by 2.5% against the previous month. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 2,498% month-to-month. As a result, import price reached the peak level of $75,468 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($1,430 per ton), while the price for Finland totaled $1,227 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Egypt (+7.7%), 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 India

For the third year in a row, India recorded decline in overseas shipments of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, which decreased by -7.8% to 976 tons in 2022. In general, exports faced a abrupt shrinkage. The smallest decline of -2.9% was in 2020.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground rose to $3M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 6.4% against the previous year. Over the period under review, the exports of reached the maximum 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 India in 2022:

1. United States (225.9 tons)
2. United Kingdom (162.3 tons)
3. South Africa (90.2 tons)
4. Australia (74.2 tons)
5. Nigeria (64.3 tons)
6. United Arab Emirates (61.4 tons)
7. Malaysia (59.5 tons)
8. Canada (46.2 tons)

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

After two years of decline, purchases abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground increased by 1.4% to 99 tons in 2022. Over the period under review, imports, however, saw a dramatic shrinkage.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground declined to $391K in 2022. Overall, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of $721K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Croatia (45.1 tons)
2. Egypt (35.0 tons)
3. United Kingdom (11.6 tons)
4. Bulgaria (3.3 tons)
5. Germany (2.3 tons)
6. Romania (1.8 tons)
7. Vietnam (0.2 tons)

Source: IndexBox Market Intelligence Platform