Singapore: Overview of the Market for Anise, Badian, Fennel And Coriander 2021

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

In 2019, the Singaporean market for anise, badian, fennel and coriander increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Anise, badian, fennel and coriander consumption peaked at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Exports of Anise, Badian, Fennel And Coriander

Exports from Singapore

In 2019, approx. X tonnes of anise, badian, fennel and coriander were exported from Singapore; reducing by -X% against the year before. Over the period under review, exports recorded a slight slump. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, anise, badian, fennel and coriander exports fell to $X in 2019. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2011; however, from 2012 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Malaysia (X tonnes), Bangladesh (X tonnes) and Brunei Darussalam (X tonnes) were the main destinations of anise, badian, fennel and coriander exports from Singapore, with a combined X% share of total exports. Fiji, Mauritius, Pakistan, Indonesia and the Philippines lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Pakistan, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X), Malaysia ($X) and Brunei Darussalam ($X) constituted the largest markets for anise, badian, fennel and coriander exported from Singapore worldwide, together accounting for X% of total exports. Fiji, Pakistan, Mauritius, the Philippines and Indonesia lagged somewhat behind, together accounting for a further X the main countries of destination, Pakistan (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average export price for anise, badian, fennel and coriander amounted to $X per tonne, increasing by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Bangladesh ($X per tonne), while the average price for exports to Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Singapore

In 2019, approx. X tonnes of anise, badian, fennel and coriander were imported into Singapore; declining by -X% compared with the previous year. Overall, imports recorded a noticeable decline. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2010; however, from 2011 to 2019, imports remained at a lower figure.

In value terms, anise, badian, fennel and coriander imports dropped slightly to $X in 2019. Over the period under review, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, India (X tonnes) constituted the largest supplier of anise, badian, fennel and coriander to Singapore, with a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from India exceeded the figures recorded by the second-largest supplier, Bulgaria (X tonnes), eightfold. Malaysia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-X% per year) and Malaysia (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from India totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Malaysia (+X% per year).

Import Prices by Country

The average import price for anise, badian, fennel and coriander stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a mild descent. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

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), accounting for 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?

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India (1.4M tonnes) remains the largest anise, badian, fennel and coriander producing country worldwide, accounting for 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. The third position in this ranking was occupied by Mexico (101K tonnes), with a 4.7% share.

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

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In value terms, India ($3.5M) constituted the largest supplier of anise, badian, fennel and coriander to Singapore, comprising 66% of total imports. The second position in the ranking was occupied by China ($676K), with a 13% share of total imports. It was followed by Malaysia, with a 6.1% share.

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

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In value terms, the largest markets for anise, badian, fennel and coriander exported from Singapore were Bangladesh ($469K), Malaysia ($417K) and Brunei Darussalam ($256K), with a combined 47% share of total exports. These countries were followed by Fiji, Pakistan, Mauritius, the Philippines and Indonesia, which together accounted for a further 33%.

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

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The average export price for anise, badian, fennel and coriander stood at $2,031 per tonne in 2019, picking up by 28% against the previous year.

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

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The average import price for anise, badian, fennel and coriander stood at $1,893 per tonne in 2019, with an increase of 7.3% against the previous year.