Report Update Apr 1, 2024

Philippines - Anise, Badian, Fennel and Coriander - Market Analysis, Forecast, Size, Trends and Insights

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

Market Size for Anise, Badian, Fennel And Coriander in the Philippines

After two years of growth, the Philippine market for anise, badian, fennel and coriander decreased by -X% to $X in 2021. Overall, consumption, however, continues to indicate a strong increase. Anise, badian, fennel and coriander consumption peaked at $X in 2020, and then shrank in the following year.

Exports of Anise, Badian, Fennel And Coriander

Exports from the Philippines

In 2021, overseas shipments of anise, badian, fennel and coriander increased by X% to X tons, rising for the fifth consecutive year after four years of decline. In general, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of X% year-to-year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, anise, badian, fennel and coriander exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for anise, badian, fennel and coriander exports from the Philippines, with a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to the Netherlands exceeded the volume sent to the second major destination, the United States (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Spain (X% per year).

In value terms, the largest markets for anise, badian, fennel and coriander exported from the Philippines were the United States ($X), the Netherlands ($X) and Spain ($X), together accounting for X% of total exports.

The Netherlands, 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

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2021, surging by X% against the previous year. In general, the export price continues to indicate a tangible expansion. The growth pace was the most rapid in 2015 when the average export price increased by X% y-o-y. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into the Philippines

After two years of growth, overseas purchases of anise, badian, fennel and coriander decreased by -X% to X tons in 2021. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2020, and then reduced dramatically in the following year.

In value terms, anise, badian, fennel and coriander imports rose modestly to $X in 2021. Overall, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

India (X tons), China (X tons) and Singapore (X tons) were the main suppliers of anise, badian, fennel and coriander imports to the Philippines, with a combined X% share of total imports. These countries were followed by Vietnam, Italy and Spain, which together accounted for a further X 2012 to 2021, the biggest increases were in Italy (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anise, badian, fennel and coriander suppliers to the Philippines were China ($X), India ($X) and Vietnam ($X), together accounting for X% of total imports. These countries were followed by Singapore, Spain and Italy, which together accounted for a further X the main suppliers, Italy, 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 ton in 2021, with an increase of X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price attained 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 2021, the country with the highest price was China ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

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Frequently Asked Questions (FAQ) :

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

The country with the largest volume of anise, badian, fennel and coriander consumption was India, accounting for 49% of total volume. Moreover, anise, badian, fennel and coriander consumption in India exceeded the figures recorded by the second-largest consumer, Turkey, fourfold. The third position in this ranking was occupied by China, with a 5.9% share.

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

The country with the largest volume of anise, badian, fennel and coriander production was India, accounting for 62% of total volume. Moreover, anise, badian, fennel and coriander production in India exceeded the figures recorded by the second-largest producer, Turkey, fivefold. Mexico ranked third in terms of total production with a 5% share.

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

In value terms, China, India and Vietnam were the largest anise, badian, fennel and coriander suppliers to the Philippines, together comprising 84% of total imports. Singapore, Spain and Italy lagged somewhat behind, together accounting for a further 9.3%.

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

In value terms, the United States, the Netherlands and Spain constituted the largest markets for anise, badian, fennel and coriander exported from the Philippines worldwide, together comprising 99% of total exports.

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

In 2021, the average export price for anise, badian, fennel and coriander amounted to $1,869 per ton, increasing by 51% against the previous year.

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

In 2021, the average import price for anise, badian, fennel and coriander amounted to $3,056 per ton, surging by 29% against the previous year.

This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in the Philippines. 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 2030.

Product coverage:

FCL 711 - Anise, badian, fennel

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023