Price for Anise, Badian, Fennel and Coriander in Croatia - 2023

Contents:

1. Price for Anise, Badian, Fennel and Coriander in Croatia (CIF) - 2023
2. Price for Anise, Badian, Fennel and Coriander in Croatia (FOB) - 2022
3. Imports of Anise, Badian, Fennel and Coriander in Croatia
4. Exports of Anise, Badian, Fennel and Coriander in Croatia

Price for Anise, Badian, Fennel and Coriander in Croatia (CIF) - 2023

The average import price for anise, badian, fennel and coriander stood at $3,433 per ton in July 2023, growing by 3% against the previous month. In general, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in May 2023 an increase of 142% month-to-month. The import price peaked at $9,194 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Austria ($12,715 per ton), while the price for Egypt ($2,497 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Anise, Badian, Fennel and Coriander in Croatia (FOB) - 2022

The average export price for anise, badian, fennel and coriander stood at $4,510 per ton in 2022, declining by -14.9% against the previous year. Over the period under review, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 76%. Over the period under review, the average export prices reached the peak figure at $7,371 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($6,850 per ton), while the average price for exports to India ($2,653 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel and Coriander in Croatia

In 2022, approx. 369 tons of anise, badian, fennel and coriander were imported into Croatia; which is down by -5.7% compared with the previous year's figure. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 124%. As a result, imports attained the peak of 392 tons, and then shrank in the following year.

In value terms, anise, badian, fennel and coriander imports contracted slightly to $1.1M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 134% against the previous year. As a result, imports attained the peak of $1.2M, and then reduced slightly in the following year.

Top Suppliers of Anise, Badian, Fennel and Coriander to Croatia in 2022:

1. Egypt (117.0 tons)
2. Germany (94.9 tons)
3. Austria (39.6 tons)
4. Bosnia and Herzegovina (29.4 tons)
5. Albania (21.7 tons)
6. Netherlands (20.9 tons)
7. Czech Republic (12.8 tons)
8. Poland (1.7 tons)

Exports of Anise, Badian, Fennel and Coriander in Croatia

In 2022, the amount of anise, badian, fennel and coriander exported from Croatia reduced notably to 84 tons, which is down by -51.1% on the previous year. Overall, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 276% against the previous year. As a result, the exports reached the peak of 171 tons, and then plummeted in the following year.

In value terms, anise, badian, fennel and coriander exports contracted dramatically to $378K in 2022. In general, exports, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 170%. As a result, the exports attained the peak of $906K, and then shrank significantly in the following year.

Top Export Markets for Anise, Badian, Fennel and Coriander from Croatia in 2022:

1. Slovenia (38.2 tons)
2. India (32.1 tons)
3. Italy (6.8 tons)
4. Bosnia and Herzegovina (5.3 tons)

Source: IndexBox Market Intelligence Platform