Greece: Market for Anise, Badian, Fennel And Coriander 2024

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

The Greek market for anise, badian, fennel and coriander rose significantly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Anise, badian, fennel and coriander consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Anise, Badian, Fennel And Coriander in Greece

In value terms, anise, badian, fennel and coriander production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of anise, badian, fennel and coriander in Greece totaled X tons per ha, standing approx. at 2021. Overall, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the average anise, badian, fennel and coriander yield attained the peak level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The anise, badian, fennel and coriander harvested area in Greece was estimated at X ha in 2022, approximately equating the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to anise, badian, fennel and coriander production reached the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Exports of Anise, Badian, Fennel And Coriander

Exports from Greece

In 2022, after five years of growth, there was significant decline in shipments abroad of anise, badian, fennel and coriander, when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, anise, badian, fennel and coriander exports reduced to $X in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Pakistan (X tons), Cyprus (X tons) and Malta (X tons) were the main destinations of anise, badian, fennel and coriander exports from Greece, with a combined X% share of total exports. Bulgaria, Ireland, Germany and Iraq lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Greece, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports. It was followed by Malta, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Cyprus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (X% per year) and Malta (X% per year).

Export Prices by Country

In 2022, the average export price for anise, badian, fennel and coriander amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, showed a deep setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Pakistan ($X 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 Ireland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel And Coriander

Imports into Greece

In 2022, approx. X tons of anise, badian, fennel and coriander were imported into Greece; increasing by X% against the previous year's figure. Overall, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, anise, badian, fennel and coriander imports amounted to $X in 2022. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

India (X tons), Syrian Arab Republic (X tons) and Italy (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Greece, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), India ($X) and Germany ($X) appeared to be the largest anise, badian, fennel and coriander suppliers to Greece, together accounting for X% of total imports.

In terms of the main suppliers, Italy, 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 2022, the average import price for anise, badian, fennel and coriander amounted to $X per ton, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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