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

Contents:

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

Price for Anise, Badian, Fennel and Coriander in Luxembourg (CIF) - 2022

The average import price for anise, badian, fennel and coriander stood at $5,745 per ton in 2022, declining by -22.7% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 26% against the previous year. The import price peaked at $17,431 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($17,448 per ton), while the price for Germany ($4,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for anise, badian, fennel and coriander stood at $16,243 per ton in 2022, dropping by -5.6% against the previous year. In general, the export price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices attained the maximum at $25,782 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($47,125 per ton), while the average price for exports to France ($11,266 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 Azerbaijan (+11.8%), while the prices for the other major destinations experienced a decline.

Imports of Anise, Badian, Fennel and Coriander in Luxembourg

In 2022, the amount of anise, badian, fennel and coriander imported into Luxembourg rose markedly to 39 tons, growing by 14% on 2021 figures. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports contracted to $227K in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%.

Import of Anise, Badian, Fennel and Coriander in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany86.813114814518.7%
France38.540.157.645.25.5%
Belgium13.337.733.920.214.9%
Netherlands26.17.18.912.9-20.9%
India10.1N/A0.7N/A-73.7%
Others8.26.29.53.1-27.7%
Total1832222582277.4%

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

  1. India (undefined tons)
  2. Germany (33.6 tons)
  3. France (3.1 tons)
  4. Belgium (1.2 tons)
  5. Netherlands (1.0 tons)

Exports of Anise, Badian, Fennel and Coriander in Luxembourg

In 2022, the amount of anise, badian, fennel and coriander exported from Luxembourg surged to 1.4 tons, growing by 22% compared with 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, anise, badian, fennel and coriander exports expanded sharply to $23K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 15%.

Export of Anise, Badian, Fennel and Coriander in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium16.412.213.713.7-5.8%
France1.52.23.34.544.2%
Germany1.51.31.72.924.6%
Netherlands3.00.90.81.1-28.4%
Others0.30.50.20.410.1%
Total22.617.119.722.60.0%

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

  1. Belgium (723.0 kg)
  2. France (402.0 kg)
  3. Germany (211.0 kg)
  4. Netherlands (49.0 kg)

Source: IndexBox Market Intelligence Platform

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