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

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

The Finnish market for anise, badian, fennel and coriander reduced rapidly to $X in 2021, waning by -X% against the previous year. Overall, consumption faced a dramatic contraction. Over the period under review, the market hit record highs at $X in 2020, and then fell rapidly in the following year.

Production of Anise, Badian, Fennel And Coriander in Finland

In value terms, anise, badian, fennel and coriander production totaled $X in 2021 estimated in export prices. In general, production saw a abrupt downturn. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

The average yield of anise, badian, fennel and coriander in Finland totaled less than X kg per ha in 2021, approximately mirroring the previous year's figure. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. less than X ha of anise, badian, fennel and coriander were harvested in Finland; standing approx. at the previous year. In general, the harvested area saw a relatively flat trend pattern.

Exports of Anise, Badian, Fennel And Coriander

Exports from Finland

Anise, badian, fennel and coriander exports from Finland skyrocketed to X tonnes in 2021, growing by X% on the year before. Overall, exports, however, showed a noticeable decline. Over the period under review, the exports reached the peak figure at X tonnes in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, anise, badian, fennel and coriander exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tonnes), Germany (X tonnes) and India (X tonnes) were the main destinations of anise, badian, fennel and coriander exports from Finland, together comprising X% of total exports. These countries were followed by the Netherlands, Lithuania, Ukraine and the Czech Republic, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and India ($X) were the largest markets for anise, badian, fennel and coriander exported from Finland worldwide, with a combined X% share of total exports. The Netherlands, Lithuania, Ukraine and the Czech Republic lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of 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

The average export price for anise, badian, fennel and coriander stood at $X per tonne in 2021, picking up by X% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were the United States ($X per tonne) and the Netherlands ($X per tonne), while the average price for exports to India ($X per tonne) and the Czech Republic ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-X%), while the prices for the other major destinations experienced a decline.

Imports of Anise, Badian, Fennel And Coriander

Imports into Finland

In 2021, the amount of anise, badian, fennel and coriander imported into Finland reached X tonnes, surging by X% compared with the previous year. Overall, total imports indicated a strong increase from 2012 to 2021: its volume 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, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, anise, badian, fennel and coriander imports rose markedly to $X in 2021. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

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

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

In value terms, the Netherlands ($X), Sweden ($X) and Germany ($X) appeared to be the largest anise, badian, fennel and coriander suppliers to Finland, together accounting for X% of total imports. These countries were followed by Italy, India, Spain and North Macedonia, which together accounted for a further X the main suppliers, India, with a CAGR of +X%, saw the highest rates of growth with regard to 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, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2015 to 2021, the average import prices remained at a lower figure.

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 Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform