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Nigeria - Anise, Badian, Fennel And Coriander - Market Analysis, Forecast, Size, Trends and Insights
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Nigeria: Overview of the Market for Anise, Badian, Fennel And Coriander 2021

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

In 2019, the Nigerien market for anise, badian, fennel and coriander increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption showed a significant expansion. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in the near future.

Production of Anise, Badian, Fennel And Coriander in Nigeria

In value terms, anise, badian, fennel and coriander production reduced remarkably to $X in 2019 estimated in export prices. Overall, production continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, production hit record highs 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 Nigeria totaled X kg per ha in 2019, remaining constant against the year before. 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.

The anise, badian, fennel and coriander harvested area in Nigeria totaled X ha in 2019, stabilizing at the year before. Over the period under review, the harvested area showed a relatively flat trend pattern.

Exports of Anise, Badian, Fennel And Coriander

Exports from Nigeria

In 2019, approx. X tonnes of anise, badian, fennel and coriander were exported from Nigeria; which is down by -X% on the previous year's figure. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, anise, badian, fennel and coriander exports skyrocketed to $X in 2019. In general, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked at $X in 2010; however, from 2011 to 2019, exports remained at a lower figure.

Exports by Country

South Africa (X tonnes) was the main destination for anise, badian, fennel and coriander exports from Nigeria, accounting for a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to South Africa exceeded the volume sent to the second major destination, Switzerland (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to South Africa stood at +X%.

In value terms, Switzerland ($X) and South Africa ($X) were the largest markets for anise, badian, fennel and coriander exported from Nigeria worldwide, with a combined X% share of total exports.

South Africa (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period under review, the export price, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to South Africa amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+X% per year).

Imports of Anise, Badian, Fennel And Coriander

Imports into Nigeria

In 2019, the amount of anise, badian, fennel and coriander imported into Nigeria rose notably to X tonnes, surging by X% on 2018 figures. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, anise, badian, fennel and coriander imports skyrocketed to $X in 2019. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are likely to see steady growth in years to come.

Imports by Country

India (X tonnes), the U.S. (X tonnes) and Bulgaria (X tonnes) were the main suppliers of anise, badian, fennel and coriander imports to Nigeria, with a combined X% share of total imports. Morocco, South Africa, China and Turkey lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the U.S. ($X) and Bulgaria ($X) constituted the largest anise, badian, fennel and coriander suppliers to Nigeria, together accounting for X% of total imports.

In terms of the main suppliers, the U.S. recorded the highest growth rate of 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, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Turkey ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bulgaria, 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), comprising approx. 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?
+
India (1.4M tonnes) remains the largest anise, badian, fennel and coriander producing country worldwide, comprising approx. 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 Nigeria?
+
In value terms, India ($285K), the U.S. ($231K) and Bulgaria ($36K) appeared to be the largest anise, badian, fennel and coriander suppliers to Nigeria, together comprising 92% of total imports.
What are the leading importers of anise, badian, fennel and coriander from Nigeria?
+
In value terms, Switzerland ($13K) and South Africa ($8.5K) constituted the largest markets for anise, badian, fennel and coriander exported from Nigeria worldwide, with a combined 98% share of total exports.
What is the average export price for anise, badian, fennel and coriander in Nigeria?
+
The average export price for anise, badian, fennel and coriander stood at $1,489 per tonne in 2019, rising by 70% against the previous year.
What is the average import price for anise, badian, fennel and coriander in Nigeria?
+
In 2019, the average import price for anise, badian, fennel and coriander amounted to $1,695 per tonne, rising by 5.7% against the previous year.

Product coverage:
• FCL 711 - Anise, badian, fennel

This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Nigeria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Nigeria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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