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

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

The Japanese market for anise, badian, fennel and coriander skyrocketed to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated prominent growth from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Anise, badian, fennel and coriander consumption peaked in 2020 and is likely to see gradual growth in the immediate term.

Exports of Anise, Badian, Fennel And Coriander

Exports from Japan

In 2020, exports of anise, badian, fennel and coriander from Japan dropped notably to X tonnes, which is down by -X% on the year before. Overall, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Exports peaked at X tonnes in 2019, and then dropped rapidly in the following year.

In value terms, anise, badian, fennel and coriander exports dropped markedly to $X in 2020. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Vietnam (X tonnes) was the main destination for anise, badian, fennel and coriander exports from Japan, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Vietnam exceeded the volume sent to the second major destination, Singapore (X tonnes), twofold. Kenya (X tonnes) ranked third in terms of total exports with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Vietnam totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Kenya (X% per year).

In value terms, Singapore ($X), Vietnam ($X) and India ($X) appeared to be the largest markets for anise, badian, fennel and coriander exported from Japan worldwide, with a combined X% share of total exports.

Vietnam saw the highest rates of growth with regard to 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 2020, increasing by X% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Kenya ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Japan

Anise, badian, fennel and coriander imports into Japan totaled X tonnes in 2020, increasing by X% compared with 2019. In general, total imports indicated a strong expansion from 2012 to 2020: its volume increased at an average annual rate of +X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports surged to $X in 2020. Over the period under review, total imports indicated a prominent increase from 2012 to 2020: its value increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are likely to continue growth in the immediate term.

Imports by Country

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

From 2012 to 2020, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

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

India recorded the highest growth rate of the value of imports, among the main suppliers 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 2020, surging by X% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Iran ($X per tonne), while the price for Morocco ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Iran, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform