Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Singapore - 2022

Contents:

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

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

In 2022, the average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $3,596 per ton, picking up by 15% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground increased by +112.1% against 2016 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 35%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($10,374 per ton), while the price for Myanmar ($831 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.8%), 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 Singapore (FOB) - 2022

In 2022, the average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $6,619 per ton, rising by 1.9% against the previous year. In general, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 119%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($9,699 per ton), while the average price for exports to Fiji ($4,263 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 Malaysia (+19.2%), 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 Singapore

Imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground into Singapore reduced notably to 78 tons in 2022, waning by -23.2% on the previous year. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3.4% against the previous year.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground dropped to $279K in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 40%. As a result, imports reached the peak of $317K, and then reduced in the following year.

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

1. India (36.2 tons)
2. Myanmar (16.6 tons)
3. China (13.5 tons)
4. Malaysia (6.4 tons)
5. Vietnam (4.0 tons)
6. Egypt (0.1 tons)

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

After three years of growth, overseas shipments of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -16% to 9.8 tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 47%.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground fell to $65K in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 72%.

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

1. South Africa (3.0 tons)
2. Fiji (2.0 tons)
3. Brunei Darussalam (1.5 tons)
4. Malaysia (1.4 tons)
5. Mauritius (1.0 tons)
6. New Zealand (0.5 tons)
7. South Korea (0.2 tons)

Source: IndexBox Market Intelligence Platform