Austria: Market for Anise, Badian, Fennel And Coriander 2022

Market Size for Anise, Badian, Fennel And Coriander in Austria

In 2021, the Austrian market for anise, badian, fennel and coriander decreased by -X% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption saw a noticeable contraction. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Exports of Anise, Badian, Fennel And Coriander

Exports from Austria

In 2021, overseas shipments of anise, badian, fennel and coriander increased by X% to X tonnes, rising for the fifth year in a row after two years of decline. In general, total exports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, anise, badian, fennel and coriander exports soared to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% year-to-year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tonnes) was the main destination for anise, badian, fennel and coriander exports from Austria, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Germany exceeded the volume sent to the second major destination, Italy (X tonnes), eightfold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Russia (+X% per year).

In value terms, Germany ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Russia, with an X% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Russia (+X% per year).

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per tonne in 2021, which is down by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2017 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Russia ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Austria

In 2021, approx. X tonnes of anise, badian, fennel and coriander were imported into Austria; rising by X% against 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, anise, badian, fennel and coriander imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tonnes), Poland (X tonnes) and Egypt (X tonnes) were the main suppliers of anise, badian, fennel and coriander imports to Austria, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Poland (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of anise, badian, fennel and coriander to Austria, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with an X% share of total imports. It was followed by Egypt, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Egypt (+X% per year).

Import Prices by Country

In 2021, the average import price for anise, badian, fennel and coriander amounted to $X per tonne, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform