Italy: Market for Anise, Badian, Fennel And Coriander 2022

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

The Italian market for anise, badian, fennel and coriander declined dramatically to $X in 2021, reducing by -X% against the previous year. In general, consumption saw a dramatic shrinkage. Anise, badian, fennel and coriander consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Anise, Badian, Fennel And Coriander in Italy

In value terms, anise, badian, fennel and coriander production contracted to $X in 2021 estimated in export prices. Over the period under review, production, however, recorded a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of X% y-o-y. Anise, badian, fennel and coriander production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

The average yield of anise, badian, fennel and coriander in Italy stood at less than X kg per ha in 2021, almost unchanged from the year before. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. less than X ha of anise, badian, fennel and coriander were harvested in Italy; remaining stable against the previous year's figure. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Exports of Anise, Badian, Fennel And Coriander

Exports from Italy

In 2021, approx. X tons of anise, badian, fennel and coriander were exported from Italy; increasing by X% against 2020. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, anise, badian, fennel and coriander exports rose rapidly to $X in 2021. In general, exports recorded prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

India (X tons) was the main destination for anise, badian, fennel and coriander exports from Italy, with a X% share of total exports. Moreover, anise, badian, fennel and coriander exports to India exceeded the volume sent to the second major destination, China (X tons), fourfold. The third position in this ranking was occupied by Bangladesh (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Bangladesh (+X% per year).

In value terms, India ($X) remains the key foreign market for anise, badian, fennel and coriander exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Bangladesh (+X% per year).

Export Prices by Country

In 2021, the average export price for anise, badian, fennel and coriander amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the highest prices were recorded for prices to Germany ($X per ton) and Vietnam ($X per ton), while the average price for exports to Turkey ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel And Coriander

Imports into Italy

In 2021, purchases abroad of anise, badian, fennel and coriander increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, anise, badian, fennel and coriander imports surged to $X in 2021. Overall, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Egypt (X tons), India (X tons) and Slovenia (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Italy, together accounting for X% of total imports. The Netherlands, Germany, France, Bosnia and Herzegovina, Austria, China, Albania, Spain, Turkey and Syrian Arab Republic lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Bosnia and Herzegovina (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anise, badian, fennel and coriander suppliers to Italy were Slovenia ($X), India ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by Egypt, France, the Netherlands, Albania, Bosnia and Herzegovina, Austria, Spain, China, Turkey and Syrian Arab Republic, which together accounted for a further X terms of the main suppliers, Bosnia and Herzegovina, with a CAGR of +X%, recorded the highest growth rate of 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

The average import price for anise, badian, fennel and coriander stood at $X per ton in 2021, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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