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

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

In 2021, the Swedish market for anise, badian, fennel and coriander increased by X% to $X, rising for the third 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 years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Exports of Anise, Badian, Fennel And Coriander

Exports from Sweden

In 2021, approx. X tons of anise, badian, fennel and coriander were exported from Sweden; with an increase of X% compared with the year before. In general, total exports indicated prominent growth from 2012 to 2021: its volume 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. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, anise, badian, fennel and coriander exports expanded remarkably to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Estonia (X tons), Norway (X tons) and Denmark (X tons) were the main destinations of anise, badian, fennel and coriander exports from Sweden, together accounting for X% of total exports. India, Finland, Spain and Germany lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Spain (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Denmark stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Finland (+X% per year).

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2021, with a decrease of -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% y-o-y. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Denmark ($X per ton), while the average price for exports to India ($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 Denmark (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into Sweden

In 2021, supplies from abroad of anise, badian, fennel and coriander increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports soared to $X in 2021. Over the period under review, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Sweden, together comprising X% of total imports. These countries were followed by the Netherlands, Spain, Vietnam and Syrian Arab Republic, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Germany ($X) and the Netherlands ($X) constituted the largest anise, badian, fennel and coriander suppliers to Sweden, together accounting for X% of total imports. Spain, Turkey, Vietnam and Syrian Arab Republic lagged somewhat behind, together accounting for a further X the main suppliers, Vietnam, 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

In 2021, the average import price for anise, badian, fennel and coriander amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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