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

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

In 2020, the Portuguese market for anise, badian, fennel and coriander increased by X% to $X, rising for the fourth consecutive year after three years of decline. Overall, the total consumption indicated a resilient expansion 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 2016 indices. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Anise, badian, fennel and coriander consumption peaked in 2020 and is expected to retain growth in the near future.

Exports of Anise, Badian, Fennel And Coriander

Exports from Portugal

In 2020, overseas shipments of anise, badian, fennel and coriander increased by X% to X tonnes, rising for the second year in a row after four years of decline. Overall, exports, however, saw a abrupt curtailment. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, anise, badian, fennel and coriander exports soared to $X in 2020. In general, exports, however, saw a pronounced increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tonnes) was the main destination for anise, badian, fennel and coriander exports from Portugal, with a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Spain exceeded the volume sent to the second major destination, Sao Tome and Principe (X tonnes), sixfold. Cabo Verde (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 Spain totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (+X% per year) and Cabo Verde (+X% per year).

In value terms, Spain ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Sao Tome and Principe ($X), with a X% share of total exports. It was followed by Cabo Verde, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to Spain totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sao Tome and Principe (+X% per year) and Cabo Verde (+X% per year).

Export Prices by Country

In 2020, the average export price for anise, badian, fennel and coriander amounted to $X per tonne, rising by X% against the previous year. In general, the export price enjoyed a prominent expansion. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Spain ($X per tonne), while the average price for exports to Belgium ($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 Spain, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Portugal

In 2020, approx. X tonnes of anise, badian, fennel and coriander were imported into Portugal; growing by X% against 2019 figures. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander imports surged to $X in 2020. Over the period under review, total imports indicated measured growth 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 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tonnes), France (X tonnes) and the Netherlands (X tonnes) were the main suppliers of anise, badian, fennel and coriander imports to Portugal, together comprising X% of total imports. These countries were followed by Syrian Arab Republic, India, Turkey and the UK, which together accounted for a further X 2012 to 2020, the biggest increases were in India (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and the Netherlands ($X) were the largest anise, badian, fennel and coriander suppliers to Portugal, together comprising X% of total imports. These countries were followed by Syrian Arab Republic, India, Turkey and the UK, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to 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

In 2020, the average import price for anise, badian, fennel and coriander amounted to $X per tonne, rising by X% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is likely to see steady 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 France ($X per tonne), while the price for Syrian Arab Republic ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform