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

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

In 2022, the Indian market for anise, badian, fennel and coriander increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption enjoyed a strong expansion. Anise, badian, fennel and coriander consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Anise, Badian, Fennel And Coriander in India

In value terms, anise, badian, fennel and coriander production rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate strong growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

The average yield of anise, badian, fennel and coriander in India shrank slightly to X kg per ha in 2022, which is down by X% on 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. The anise, badian, fennel and coriander yield peaked at X kg per ha in 2021, and then fell modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the anise, badian, fennel and coriander harvested area in India rose to X ha, increasing by X% against 2021. Over the period under review, the harvested area enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The anise, badian, fennel and coriander harvested area peaked at X ha in 2020; afterwards, it flattened through to 2022.

Exports of Anise, Badian, Fennel And Coriander

Exports from India

In 2022, shipments abroad of anise, badian, fennel and coriander decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, showed a prominent increase. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, anise, badian, fennel and coriander exports contracted slightly to $X in 2022. In general, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), Bangladesh (X tons) and Malaysia (X tons) were the main destinations of anise, badian, fennel and coriander exports from India, with a combined X% share of total exports. The United States, the United Arab Emirates, Nepal, Afghanistan, Saudi Arabia, the UK, Brazil, Pakistan, Sri Lanka and South Africa lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Afghanistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and the United States ($X) appeared to be the largest markets for anise, badian, fennel and coriander exported from India worldwide, together comprising X% of total exports. Malaysia, the United Arab Emirates, Afghanistan, Nepal, Saudi Arabia, the UK, Pakistan, Brazil, Sri Lanka and South Africa lagged somewhat behind, together accounting for a further X%.

Afghanistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average export price for anise, badian, fennel and coriander stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Bangladesh ($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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anise, Badian, Fennel And Coriander

Imports into India

In 2022, overseas purchases of anise, badian, fennel and coriander increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, anise, badian, fennel and coriander imports amounted to $X in 2022. Overall, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest anise, badian, fennel and coriander supplier to India, accounting for a X% share of total imports. Moreover, anise, badian, fennel and coriander imports from Russia exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. Afghanistan (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Afghanistan (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Afghanistan (X% per year).

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. Overall, the import price, however, recorded mild growth. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then reduced notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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