U.S.: Market for Anise, Badian, Fennel And Coriander 2022

Market Size for Anise, Badian, Fennel And Coriander in the U.S.

The U.S. market for anise, badian, fennel and coriander reached $X in 2021, with an increase of 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 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Exports of Anise, Badian, Fennel And Coriander

Exports from the U.S.

For the third consecutive year, the United States recorded growth in shipments abroad of anise, badian, fennel and coriander, which increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, the exports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, anise, badian, fennel and coriander exports amounted to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Canada (X tons) was the main destination for anise, badian, fennel and coriander exports from the United States, with a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to Canada exceeded the volume sent to the second major destination, Thailand (X tons), threefold. The third position in this ranking was occupied by Mexico (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and Mexico (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and Mexico (+X% per year).

Export Prices by Country

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the average export prices failed to regain momentum.

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

Imports of Anise, Badian, Fennel And Coriander

Imports into the U.S.

In 2021, anise, badian, fennel and coriander imports into the United States expanded modestly to X tons, growing by X% on 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, anise, badian, fennel and coriander imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of anise, badian, fennel and coriander to the United States, accounting for a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from India exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold. Canada (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Canada (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average import price for anise, badian, fennel and coriander amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform