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

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

For the eighth year in a row, the Ukrainian market for anise, badian, fennel and coriander recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption recorded a significant increase. Anise, badian, fennel and coriander consumption peaked at $X in 2021; afterwards, it flattened through to 2020.

Production of Anise, Badian, Fennel And Coriander in Ukraine

In value terms, anise, badian, fennel and coriander production declined significantly to $X in 2021 estimated in export prices. Over the period under review, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

In 2021, the average anise, badian, fennel and coriander yield in Ukraine reduced modestly to X tons per ha, waning by -X% compared with the previous year. Overall, the yield, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when the yield increased by X% y-o-y. Over the period under review, the average anise, badian, fennel and coriander yield hit record highs at X tons per ha in 2017; however, from 2018 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of anise, badian, fennel and coriander were harvested in Ukraine; waning by -X% compared with 2020 figures. In general, the harvested area continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% y-o-y. The anise, badian, fennel and coriander harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Exports of Anise, Badian, Fennel And Coriander

Exports from Ukraine

In 2021, overseas shipments of anise, badian, fennel and coriander increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander exports dropped slightly to $X in 2021. In general, exports, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Indonesia (X tons), Sri Lanka (X tons) and Germany (X tons) were the main destinations of anise, badian, fennel and coriander exports from Ukraine, with a combined X% share of total exports. Poland, India, the UK, Libya, Thailand, Turkey, the Netherlands, Yemen, Pakistan and South Africa lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Thailand (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for anise, badian, fennel and coriander exported from Ukraine were Indonesia ($X), Germany ($X) and Sri Lanka ($X), with a combined X% share of total exports. These countries were followed by Poland, Thailand, the Netherlands, India, Turkey, the UK, South Africa, Pakistan, Libya and Yemen, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, dropping by -X% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price 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, anise, badian, fennel and coriander export price increased by +X% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped modestly in the following year.

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

Imports of Anise, Badian, Fennel And Coriander

Imports into Ukraine

Anise, badian, fennel and coriander imports into Ukraine was estimated at X tons in 2021, increasing by X% on 2020 figures. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports skyrocketed to $X in 2021. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

India (X tons), Latvia (X tons) and Egypt (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Ukraine, together accounting for X% of total imports. Russia, Finland, Vietnam and the Netherlands lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Vietnam (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anise, badian, fennel and coriander suppliers to Ukraine were Vietnam ($X), India ($X) and Egypt ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 under review, the import price, however, showed a slight slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :