Eastern Asia: Market for Anise, Badian, Fennel And Coriander 2022

Market Size for Anise, Badian, Fennel And Coriander in Eastern Asia

In 2021, the East Asian market for anise, badian, fennel and coriander increased by X% to $X, rising for the third consecutive year after three years of decline. Overall, consumption saw resilient growth. The level of consumption peaked in 2021 and is likely to see steady growth in years to come.

Production of Anise, Badian, Fennel And Coriander in Eastern Asia

In value terms, anise, badian, fennel and coriander production dropped to $X in 2021 estimated in export prices. The total production indicated a measured expansion 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, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X, and then reduced in the following year.

The country with the largest volume of anise, badian, fennel and coriander production was China (X tons), accounting for X% of total volume.

In China, anise, badian, fennel and coriander production remained relatively stable over the period from 2012-2021.

In 2021, the average yield of anise, badian, fennel and coriander in Eastern Asia shrank slightly to X tons per ha, flattening at 2020. Overall, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. As a result, the yield reached 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 Eastern Asia; remaining constant against the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-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 remained at a lower figure.

Production By Country in Eastern Asia

China (X tons) constituted the country with the largest volume of anise, badian, fennel and coriander production, accounting for X% of total volume.

In China, anise, badian, fennel and coriander production remained relatively stable over the period from 2012-2021.

Exports of Anise, Badian, Fennel And Coriander

Exports in Eastern Asia

Anise, badian, fennel and coriander exports surged to X tons in 2021, jumping by X% compared with 2020 figures. Overall, exports saw prominent growth. 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. In general, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, China (X tons) represented the main exporter of anise, badian, fennel and coriander in Eastern Asia, mixing up X% of total export.

China was also the fastest-growing in terms of the anise, badian, fennel and coriander exports, with a CAGR of +X% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest anise, badian, fennel and coriander supplier in Eastern Asia.

In China, anise, badian, fennel and coriander exports expanded at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The export price for anise, badian, fennel and coriander in Eastern Asia stood at $X per ton in 2021, surging by X% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of X% year-to-year. Over the period under review, the export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for China.

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

Imports of Anise, Badian, Fennel And Coriander

Imports in Eastern Asia

In 2021, purchases abroad of anise, badian, fennel and coriander increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, anise, badian, fennel and coriander imports rose remarkably to $X in 2021. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

China dominates anise, badian, fennel and coriander imports structure, finishing at X tons, which was approx. X% of total imports in 2021. It was distantly followed by Japan (X tons), committing a X% share of total imports.

China was also the fastest-growing in terms of the anise, badian, fennel and coriander imports, with a CAGR of +X% from 2012 to 2021. At the same time, Japan (+X%) displayed positive paces of growth. China (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported anise, badian, fennel and coriander in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +X%.

Import Prices by Country

The import price for anise, badian, fennel and coriander in Eastern Asia stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%).

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Source: IndexBox Platform

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