Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK - 2023

Contents:

1. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK (CIF) - 2023
2. Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK (FOB) - 2022
3. Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK
4. Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK (CIF) - 2023

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $5,301 per ton in December 2023, declining by -4.2% against the previous month. Overall, import price indicated a slight expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -5.6% against September 2023 indices. The growth pace was the most rapid in April 2023 when the average import price increased by 49% month-to-month. As a result, import price attained the peak level of $7,055 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Egypt ($8,089 per ton), while the price for India ($3,534 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Egypt (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK (FOB) - 2022

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $8,785 per ton in 2022, jumping by 48% against the previous year. Over the period under review, the export price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 67% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($30,912 per ton), while the average price for exports to Germany ($3,489 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 Guyana (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK

Imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground into the UK shrank to 512 tons in 2022, which is down by -11.2% against 2021. In general, imports recorded a deep slump. The smallest decline of -2% was in 2021.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground rose remarkably to $2.2M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground to the UK in 2022:

1. India (193.6 tons)
2. Spain (125.8 tons)
3. Egypt (45.0 tons)
4. Germany (38.8 tons)
5. Turkey (32.6 tons)
6. Vietnam (26.8 tons)
7. China (13.0 tons)
8. Syrian Arab Republic (9.5 tons)
9. Netherlands (9.3 tons)

Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in the UK

In 2022, approx. 22 tons of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground were exported from the UK; which is down by -55.2% compared with the year before. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 8.9%.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground reduced sharply to $190K in 2022. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 25%.

Top Export Markets for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground from the UK in 2022:

1. Ireland (11.7 tons)
2. Germany (3.3 tons)
3. Netherlands (1.4 tons)
4. France (1.4 tons)
5. Japan (1.0 tons)
6. Guyana (0.8 tons)
7. Mauritius (0.8 tons)
8. Austria (0.3 tons)

Source: IndexBox Market Intelligence Platform