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

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

In 2021, the Indonesian market for anise, badian, fennel and coriander decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. In general, the total consumption indicated notable growth 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, consumption increased by +X% against 2016 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then declined in the following year.

Exports of Anise, Badian, Fennel And Coriander

Exports from Indonesia

After two years of growth, shipments abroad of anise, badian, fennel and coriander decreased by -X% to X tonnes in 2021. Overall, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2019 when exports increased by X% year-to-year. Over the period under review, the exports attained the maximum at X tonnes in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, anise, badian, fennel and coriander exports dropped sharply to $X in 2021. Over the period under review, exports recorded a slight expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2020, and then declined significantly in the following year.

Exports by Country

The United Arab Emirates (X tonnes), Malaysia (X tonnes) and Canada (X tonnes) were the main destinations of anise, badian, fennel and coriander exports from Indonesia, together accounting for X% of total exports. Thailand, India, Poland, Taiwan (Chinese), Singapore, the United States, Brunei Darussalam, Germany, France and Spain lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Spain (+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 Indonesia were India ($X), the United Arab Emirates ($X) and Canada ($X), together accounting for X% of total exports. Poland, the United States, Malaysia, Thailand, Taiwan (Chinese), Brunei Darussalam, Germany, France, Spain and Singapore lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest growth rate of 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, dropping by -X% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% year-to-year. As a result, the export price reached the peak level of $X per tonne, and then declined remarkably in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was India ($X per tonne), while the average price for exports to Singapore ($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 India (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Indonesia

In 2021, purchases abroad of anise, badian, fennel and coriander decreased by -X% to X tonnes for the first time since 2018, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +X% 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 2016 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. From 2017 to 2021, the growth imports remained at a lower figure.

In value terms, anise, badian, fennel and coriander imports declined to $X in 2021. Over the period under review, total imports indicated a notable 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, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then contracted in the following year.

Imports by Country

Bulgaria (X tonnes), Russia (X tonnes) and India (X tonnes) were the main suppliers of anise, badian, fennel and coriander imports to Indonesia, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest anise, badian, fennel and coriander suppliers to Indonesia were Bulgaria ($X), Russia ($X) and India ($X), with a combined X% share of total imports.

Among the main suppliers, Russia, with a CAGR of +X%, recorded 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, shrinking by -X% against the previous year. In general, import price indicated a tangible increase from 2012 to 2021: its price 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, anise, badian, fennel and coriander import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2020, and then dropped in the following year.

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

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

Source: IndexBox Platform