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

Contents:

  1. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in South Korea (CIF) - 2022
  2. Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in South Korea

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

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $4,660 per ton in 2022, which is down by -14.8% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of 29%. The import price peaked at $9,767 per ton in 2013; however, from 2014 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 the United States ($46,163 per ton), while the price for India ($3,218 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground into South Korea shrank to 18 tons in 2022, with a decrease of -4.6% against 2021 figures. Overall, imports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by 220%. As a result, imports reached the peak of 19 tons, and then shrank slightly in the following year.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground reduced dramatically to $84K in 2022. In general, imports, however, saw strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 288% against the previous year. As a result, imports attained the peak of $104K, and then fell markedly in the following year.

Import of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India31.411.832.741.810.0%
Vietnam8.14.551.127.550.3%
Egypt0.10.1N/A3.9239.1%
TurkeyN/A1.33.13.564.1%
China3.41.80.1N/A-82.9%
Others17.37.316.57.5-24.3%
Total60.326.710484.211.8%

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

  1. India (13.0 tons)
  2. Vietnam (4.0 tons)
  3. Egypt (0.5 tons)
  4. Turkey (0.3 tons)

Source: IndexBox Market Intelligence Platform

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