Italy: Overview of the Market for Anise, Badian, Fennel And Coriander 2021

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

In 2019, the Italian market for anise, badian, fennel and coriander increased by X% to $X, rising for the third consecutive year after five years of decline. In general, consumption, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. Anise, badian, fennel and coriander consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Production of Anise, Badian, Fennel And Coriander in Italy

In value terms, anise, badian, fennel and coriander production dropped to $X in 2019 estimated in export prices. In general, production continues to indicate a slight contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Anise, badian, fennel and coriander production peaked at $X in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.

The average yield of anise, badian, fennel and coriander in Italy amounted to X kg per ha in 2019, remaining relatively unchanged against the year before. Over the period under review, the yield saw 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.

The anise, badian, fennel and coriander harvested area in Italy was estimated at X ha in 2019, remaining relatively unchanged against the previous year's figure. Over the period under review, the harvested area saw a relatively flat trend pattern.

Exports of Anise, Badian, Fennel And Coriander

Exports from Italy

In 2019, overseas shipments of anise, badian, fennel and coriander decreased by -X% to X tonnes, falling for the third year in a row after five years of growth. Overall, exports, however, recorded a notable increase. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, anise, badian, fennel and coriander exports declined notably to $X in 2019. Over the period under review, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

India (X tonnes) was the main destination for anise, badian, fennel and coriander exports from Italy, with a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to India exceeded the volume sent to the second major destination, China (X tonnes), fivefold. Sri Lanka (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Sri Lanka (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to India stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and the UK (+X% per year).

Export Prices by Country

In 2019, the average export price for anise, badian, fennel and coriander amounted to $X per tonne, which is down by -X% against the previous year. Overall, the export price showed a slight shrinkage. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Sri Lanka ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Italy

In 2019, imports of anise, badian, fennel and coriander into Italy shrank to X tonnes, with a decrease of -X% compared with the year before. In general, total imports indicated a noticeable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2018, and then fell in the following year.

In value terms, anise, badian, fennel and coriander imports rose sharply to $X in 2019. Overall, total imports indicated buoyant growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in years to come.

Imports by Country

Egypt (X tonnes), China (X tonnes) and Bulgaria (X tonnes) were the main suppliers of anise, badian, fennel and coriander imports to Italy, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest anise, badian, fennel and coriander suppliers to Italy were Germany ($X), India ($X) and Egypt ($X), together comprising X% of total imports. France, Spain, Albania, China, Slovenia, Austria, the Netherlands, Bulgaria and Russia lagged somewhat behind, together comprising a further X the main suppliers, Slovenia 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

In 2019, the average import price for anise, badian, fennel and coriander amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Russia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anise, badian, fennel and coriander in the world?

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The country with the largest volume of anise, badian, fennel and coriander consumption was India (1.2M tonnes), accounting for 58% of total volume. Moreover, anise, badian, fennel and coriander consumption in India exceeded the figures recorded by the second-largest consumer, Mexico (105K tonnes), more than tenfold. The third position in this ranking was occupied by China (104K tonnes), with a 5.1% share.

What are the largest producers of anise, badian, fennel and coriander in the world?

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The country with the largest volume of anise, badian, fennel and coriander production was India (1.4M tonnes), accounting for 68% of total volume. Moreover, anise, badian, fennel and coriander production in India exceeded the figures recorded by the second-largest producer, China (119K tonnes), more than tenfold. Mexico (101K tonnes) ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of anise, badian, fennel and coriander to Italy?

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In value terms, the largest anise, badian, fennel and coriander suppliers to Italy were Germany ($820K), India ($534K) and Egypt ($512K), together comprising 30% of total imports. France, Spain, Albania, China, Slovenia, Austria, the Netherlands, Bulgaria and Russia lagged somewhat behind, together comprising a further 50%.

What are the leading importers of anise, badian, fennel and coriander from Italy?

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In value terms, India ($2.7M) remains the key foreign market for anise, badian, fennel and coriander exports from Italy, comprising 50% of total exports. The second position in the ranking was occupied by China ($663K), with a 12% share of total exports. It was followed by the UK, with a 7.5% share.

What is the average export price for anise, badian, fennel and coriander in Italy?

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The average export price for anise, badian, fennel and coriander stood at $1,606 per tonne in 2019, declining by -1.6% against the previous year.

What is the average import price for anise, badian, fennel and coriander in Italy?

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In 2019, the average import price for anise, badian, fennel and coriander amounted to $2,563 per tonne, with an increase of 15% against the previous year.