Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $3,498 per ton, with a decrease of -6.3% against the previous year. In general, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 128% against the previous year. The import price peaked at $5,136 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($9,512 per ton), while the price for Myanmar ($1,082 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+35.6%), 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 Malaysia (FOB) - 2022

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $2,430 per ton in 2022, declining by -23.5% against the previous year. In general, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 48%. As a result, the export price attained the peak level of $5,458 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($7,302 per ton), while the average price for exports to Thailand ($1,927 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 Singapore (+0.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground into Malaysia surged to 412 tons, growing by 17% against the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground rose markedly to $1.4M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 157%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. India (250.4 tons)
2. China (110.2 tons)
3. Myanmar (15.0 tons)
4. United Arab Emirates (14.6 tons)
5. Egypt (12.5 tons)

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

For the fourth year in a row, Malaysia recorded growth in overseas shipments of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, which increased by 83% to 96 tons in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 140%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground surged to $234K in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 112%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Thailand (63.2 tons)
2. Brunei Darussalam (24.7 tons)
3. Singapore (4.3 tons)
4. Vietnam (2.3 tons)

Source: IndexBox Market Intelligence Platform