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

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

In 2021, the Chinese market for anise, badian, fennel and coriander increased by X% to $X, rising for the third consecutive year after three years of decline. In general, consumption continues to indicate a prominent increase. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Production of Anise, Badian, Fennel And Coriander in China

In value terms, anise, badian, fennel and coriander production fell to $X in 2021 estimated in export prices. In general, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% y-o-y. As a result, production attained the peak level of $X, and then shrank in the following year.

The average yield of anise, badian, fennel and coriander in China contracted slightly to X tons per ha in 2021, flattening at the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tons per ha; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of anise, badian, fennel and coriander were harvested in China; remaining stable against the previous year's figure. Over the period under review, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2021, the growth of the anise, badian, fennel and coriander harvested area failed to regain momentum.

Exports of Anise, Badian, Fennel And Coriander

Exports from China

After two years of decline, overseas shipments of anise, badian, fennel and coriander increased by X% to X tons in 2021. In general, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander exports surged to $X in 2021. Overall, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam (X tons) was the main destination for anise, badian, fennel and coriander exports from China, with a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Vietnam exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was occupied by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Vietnam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, Vietnam ($X) remains the key foreign market for anise, badian, fennel and coriander exports from China, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Vietnam stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Taiwan (Chinese) (+X% per year).

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, surging by X% against the previous year. In general, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% year-to-year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Malaysia ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

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

Imports of Anise, Badian, Fennel And Coriander

Imports into China

In 2021, purchases abroad of anise, badian, fennel and coriander increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports rose notably to $X in 2021. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, India (X tons) was the main anise, badian, fennel and coriander supplier to China, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from India totaled +X%.

In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to China.

From 2012 to 2021, the average annual growth rate of value from India stood at +X%.

Import Prices by Country

In 2021, the average import price for anise, badian, fennel and coriander amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +X% per year.

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Source: IndexBox Platform

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