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

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

The Danish market for anise, badian, fennel and coriander skyrocketed to $X in 2021, increasing by X% against the previous year. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in the immediate term.

Production of Anise, Badian, Fennel And Coriander in Denmark

In value terms, anise, badian, fennel and coriander production skyrocketed to $X in 2021 estimated in export prices. Overall, production, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Anise, badian, fennel and coriander production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

The average yield of anise, badian, fennel and coriander in Denmark contracted slightly to X kg per ha in 2021, with a decrease of -X% on the year before. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by X% year-to-year. As a result, the yield attained the peak level of X kg per ha. From 2017 to 2021, the growth of the average anise, badian, fennel and coriander yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the anise, badian, fennel and coriander harvested area in Denmark amounted to X ha, flattening at the previous year. The harvested area increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to anise, badian, fennel and coriander production reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

Exports of Anise, Badian, Fennel And Coriander

Exports from Denmark

In 2021, approx. X tonnes of anise, badian, fennel and coriander were exported from Denmark; declining by -X% against the year before. In general, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% year-to-year. As a result, the exports reached the peak of X tonnes, and then fell dramatically in the following year.

In value terms, anise, badian, fennel and coriander exports fell slightly to $X in 2021. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2020, and then declined in the following year.

Exports by Country

Sweden (X tonnes), Norway (X tonnes) and Faroe Islands (X tonnes) were the main destinations of anise, badian, fennel and coriander exports from Denmark, together accounting for X% of total exports.

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

In value terms, the largest markets for anise, badian, fennel and coriander exported from Denmark were Norway ($X), Sweden ($X) and Germany ($X), together comprising X% of total exports.

Norway, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. Over the period under review, the average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per tonne), while the average price for exports to Sweden ($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 Finland (+X%), while the prices for the other major destinations experienced a decline.

Imports of Anise, Badian, Fennel And Coriander

Imports into Denmark

In 2021, overseas purchases of anise, badian, fennel and coriander were finally on the rise to reach X tonnes for the first time since 2018, thus ending a two-year declining trend. Overall, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2019 to 2021, the growth imports failed to regain momentum.

In value terms, anise, badian, fennel and coriander imports rose sharply to $X in 2021. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

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

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

In value terms, Germany ($X), the Netherlands ($X) and Sweden ($X) were the largest anise, badian, fennel and coriander suppliers to Denmark, with a combined X% share of total imports.

Among the main suppliers, Germany, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per tonne in 2021, with an increase of 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. The import price peaked in 2021 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform