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

Contents:

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

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

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $15,943 per ton in 2022, falling by -6.3% against the previous year. Over the period under review, the export price recorded a abrupt decline. The growth pace was the most rapid in 2020 an increase of 64%. The export price peaked at $71,688 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Curacao ($18,800 per ton), while the average price for exports to Turks and Caicos Islands ($2,816 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-23.2%).

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

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $9,630 per ton in 2022, picking up by 399% against the previous year. Over the period under review, the import price saw strong growth. The import price peaked at $11,426 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Italy ($44,350 per ton), while the price for the United States ($3,543 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.6%), 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 the Dominican Republic

For the fourth year in a row, the Dominican Republic recorded growth in shipments abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, which increased by 29% to 440 kg in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,900% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground soared to $7K in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 4,809% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. France (95.0 kg)
2. Turks and Caicos Islands (76.0 kg)
3. United States (28.0 kg)
4. Curacao (25.0 kg)

Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the Dominican Republic

After three years of growth, purchases abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -54% to 462 kg in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 758%. As a result, imports reached the peak of 1 tons, and then fell notably in the following year.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground soared to $4.4K in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. Over the period under review, imports of hit record highs 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 the Dominican Republic in 2022:

1. United States (392.0 kg)
2. China (50.0 kg)
3. Italy (20.0 kg)

Source: IndexBox Market Intelligence Platform