Report Republic of Korea - Anise, Badian, Fennel and Coriander - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Apr 19, 2022

Republic of Korea - Anise, Badian, Fennel and Coriander - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Market for Anise, Badian, Fennel And Coriander 2022

Market Size for Anise, Badian, Fennel And Coriander in Republic of Korea

The South Korean market for anise, badian, fennel and coriander expanded remarkably 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). The market value increased at an average annual rate of +X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the market value increased by X% against the previous year. Anise, badian, fennel and coriander consumption peaked in 2020 and is expected to retain growth in the immediate term.

Exports of Anise, Badian, Fennel And Coriander

Exports from Republic of Korea

In 2020, exports of anise, badian, fennel and coriander from South Korea shrank remarkably to X tonnes, falling by -X% compared with the year before. Over the period under review, exports faced a significant decrease. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. from 2018 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander exports contracted rapidly to $X in 2020. In general, exports saw a precipitous descent. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. Exports peaked at $X in 2012; however, from 2013 to 2020, exports stood at a somewhat lower figure.

Exports by Country

India (X tonnes) was the main destination for anise, badian, fennel and coriander exports from South Korea, with a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to India exceeded the volume sent to the second major destination, Thailand (X kg), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume to India stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and the Netherlands (+X% per year).

In value terms, India ($X) remains the key foreign market for anise, badian, fennel and coriander exports from South Korea, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to India amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average export price for anise, badian, fennel and coriander amounted to $X per tonne, shrinking by -X% against the previous year. In general, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2020, the country with the highest price was India ($X per tonne), while the average price for exports to the Netherlands ($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 India, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Republic of Korea

Anise, badian, fennel and coriander imports into South Korea dropped slightly to X tonnes in 2020, reducing by -X% on 2019 figures. The total import volume increased at an average annual rate of +X% from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2019, and then dropped modestly in the following year.

In value terms, anise, badian, fennel and coriander imports rose to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2012 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are likely to see gradual growth in the near future.

Imports by Country

India (X tonnes), Morocco (X tonnes) and Egypt (X tonnes) were the main suppliers of anise, badian, fennel and coriander imports to South Korea, together accounting for X% of total imports.

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

In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to South Korea, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Morocco (-X% per year).

Import Prices by Country

In 2020, the average import price for anise, badian, fennel and coriander amounted to $X per tonne, increasing by X% against the previous year. Over the last eight-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Vietnam ($X per tonne), while the price for Morocco ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

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, accounting for 48% of total volume. Moreover, anise, badian, fennel and coriander consumption in India exceeded the figures recorded by the second-largest consumer, Turkey, threefold. The third position in this ranking was occupied by Mexico, with a 5.9% share.
What are the largest producers of anise, badian, fennel and coriander in the world?
+
India remains the largest anise, badian, fennel and coriander producing country worldwide, accounting for 61% 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 5.7% share.
What are the leading suppliers of anise, badian, fennel and coriander to Republic of Korea?
+
In value terms, India constituted the largest supplier of anise, badian, fennel and coriander to South Korea, comprising 47% of total imports. The second position in the ranking was occupied by Vietnam, with a 13% share of total imports. It was followed by Morocco, with a 12% share.
What are the leading importers of anise, badian, fennel and coriander from Republic of Korea?
+
In value terms, India remains the key foreign market for anise, badian, fennel and coriander exports from South Korea, comprising 86% of total exports. The second position in the ranking was occupied by Thailand $372), with a 6.7% share of total exports.
What is the average export price for anise, badian, fennel and coriander in Republic of Korea?
+
In 2020, the average export price for anise, badian, fennel and coriander amounted to $2,334 per tonne, which is down by -25.2% against the previous year.
What is the average import price for anise, badian, fennel and coriander in Republic of Korea?
+
In 2020, the average import price for anise, badian, fennel and coriander amounted to $2,771 per tonne, rising by 6.8% against the previous year.

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


Product coverage:
• FCL 711 - Anise, badian, fennel
Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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

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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
Figure 8:
Market Forecast To 2030
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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