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

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

In 2021, the Portuguese market for anise, badian, fennel and coriander increased by X% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Exports of Anise, Badian, Fennel And Coriander

Exports from Portugal

For the fifth consecutive year, Portugal recorded growth in shipments abroad of anise, badian, fennel and coriander, which increased by X% to X tons in 2021. Over the period under review, exports showed a modest increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, anise, badian, fennel and coriander exports amounted to $X in 2021. In general, exports saw notable growth. The growth pace was the most rapid in 2020 when exports increased by X% y-o-y. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Spain (X tons), Germany (X tons) and Angola (X tons) were the main destinations of anise, badian, fennel and coriander exports from Portugal, with a combined X% share of total exports. These countries were followed by Sao Tome and Principe, Luxembourg, Cabo Verde and Switzerland, which together accounted for a further X 2012 to 2021, the biggest increases were in Luxembourg (+X%), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-X% per year) and Sao Tome and Principe (+X% per year).

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, which is down by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Germany ($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 Spain (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel And Coriander

Imports into Portugal

In 2021, anise, badian, fennel and coriander imports into Portugal totaled X tons, growing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, anise, badian, fennel and coriander imports soared to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Portugal, with a combined X% share of total imports. These countries were followed by Syrian Arab Republic, Turkey, Germany and Sweden, which together accounted for a further X 2012 to 2021, the biggest increases were in Germany (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and the Netherlands ($X) constituted the largest anise, badian, fennel and coriander suppliers to Portugal, with a combined X% share of total imports. Sweden, Syrian Arab Republic, Germany and Turkey lagged somewhat behind, together accounting for a further X the main suppliers, Germany, with a CAGR of +X%, 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 2021, the average import price for anise, badian, fennel and coriander amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2021, 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 Sweden ($X per ton), while the price for Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform

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