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

Contents:

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

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

In 2022, the average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $4,170 per ton, with an increase of 2.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 13%. Over the period under review, the average export prices attained the maximum at $4,342 per ton in 2020; however, from 2021 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 Germany ($5,006 per ton), while the average price for exports to Nigeria ($1,026 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 Nigeria (+8.0%), 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 Turkey (CIF) - 2022

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $1,970 per ton in 2022, which is down by -32.8% against the previous year. Over the period under review, the import price faced a sharp decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the maximum at $26,674 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 Germany ($6,844 per ton), while the price for Iran ($1,487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -24% to 391 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -35.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 68% against the previous year. As a result, the exports attained the peak of 602 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground dropped notably to $1.6M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -37.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 85%. As a result, the exports reached the peak of $2.6M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. United States (166.7 tons)
2. Nigeria (72.0 tons)
3. Germany (64.1 tons)
4. United Kingdom (33.6 tons)
5. Russia (11.5 tons)
6. Denmark (8.5 tons)
7. Canada (6.8 tons)
8. France (5.8 tons)
9. Belgium (4.2 tons)
10. Netherlands (0.5 tons)

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

In 2022, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground into Turkey soared to 65 tons, increasing by 121% against the year before. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground soared to $127K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

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

1. Egypt (59.7 tons)
2. Finland (2.0 tons)
3. Iran (1.5 tons)

Source: IndexBox Market Intelligence Platform