Price for Anise, Badian, Fennel and Coriander in Pakistan - 2023
Contents:
- Price for Anise, Badian, Fennel and Coriander in Pakistan (CIF) - 2023
- Price for Anise, Badian, Fennel and Coriander in Pakistan (FOB) - 2022
- Imports of Anise, Badian, Fennel and Coriander in Pakistan
- Exports of Anise, Badian, Fennel and Coriander in Pakistan
Price for Anise, Badian, Fennel and Coriander in Pakistan (CIF) - 2023
In February 2023, the average import price for anise, badian, fennel and coriander amounted to $995 per ton, shrinking by -3.3% against the previous month. Overall, the import price recorded a slight contraction. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 37% against the previous month. Over the period under review, average import prices reached the peak figure at $1,220 per ton in February 2022; however, from March 2022 to February 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,872 per ton), while the price for Russia ($711 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Iran (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Anise, Badian, Fennel and Coriander in Pakistan (FOB) - 2022
The average export price for anise, badian, fennel and coriander stood at $1,519 per ton in 2022, which is down by -10.9% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by 47% against the previous year. The export price peaked at $2,713 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
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 UK ($3,247 per ton), while the average price for exports to Oman ($316 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 the UK (+1.9%), while the prices for the other major destinations experienced a decline.
Imports of Anise, Badian, Fennel and Coriander in Pakistan
In 2022, supplies from abroad of anise, badian, fennel and coriander decreased by -44.3% to 25K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 46%.
In value terms, anise, badian, fennel and coriander imports contracted to $21M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year.
Import of Anise, Badian, Fennel and Coriander in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 2.2 | 5.5 | 10.8 | 9.8 | 64.5% |
China | 1.9 | 1.4 | 2.9 | 4.1 | 29.2% |
Afghanistan | 0.9 | 1.4 | 1.8 | 2.4 | 38.7% |
Turkey | 0.2 | 4.3 | 4.0 | 2.3 | 125.7% |
Russia | 0.9 | 0.6 | N/A | 0.8 | -3.9% |
United Arab Emirates | 0.6 | 3.8 | 3.3 | 0.1 | -45.0% |
India | 4.4 | N/A | N/A | N/A | 0% |
Others | 1.1 | 1.4 | 1.3 | 1.7 | 15.6% |
Total | 12.3 | 18.4 | 24.1 | 21.3 | 20.1% |
Top Suppliers of Anise, Badian, Fennel and Coriander to Pakistan in 2022:
- United Arab Emirates (undefinedK tons)
- Iran (18.3K tons)
- China (1.8K tons)
- Afghanistan (1.4K tons)
- Turkey (1.3K tons)
- Russia (1.0K tons)
Exports of Anise, Badian, Fennel and Coriander in Pakistan
In 2022, anise, badian, fennel and coriander exports from Pakistan fell to 1.8K tons, which is down by -15% against the previous year. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 32%.
In value terms, anise, badian, fennel and coriander exports shrank markedly to $2.8M in 2022. In general, exports continue to indicate a deep slump. The smallest decline of -10.5% was in 2021.
Export of Anise, Badian, Fennel and Coriander in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 650 | 1,289 | 818 | 1,362 | 28.0% |
United Arab Emirates | 563 | 329 | 482 | 417 | -9.5% |
Sri Lanka | 1,401 | 1,039 | 877 | 238 | -44.6% |
Bangladesh | 921 | 116 | 39.9 | 164 | -43.7% |
Nepal | 12.4 | 175 | 204 | 121 | 113.7% |
Malaysia | 36.2 | 54.7 | 93.2 | 66.1 | 22.2% |
Oman | 1.4 | N/A | 18.9 | 20.0 | 142.6% |
United Kingdom | 288 | 211 | 175 | 11.7 | -65.6% |
Sudan | 130 | 247 | N/A | 4.1 | -68.4% |
Myanmar | 35.9 | N/A | 41.2 | 2.9 | -56.8% |
India | 701 | N/A | N/A | N/A | 0% |
Others | 330 | 642 | 921 | 373 | 4.2% |
Total | 5,070 | 4,102 | 3,670 | 2,779 | -18.2% |
Top Export Markets for Anise, Badian, Fennel and Coriander from Pakistan in 2022:
- Saudi Arabia (490.3 tons)
- United Arab Emirates (419.3 tons)
- Bangladesh (238.6 tons)
- Sri Lanka (216.1 tons)
- Nepal (157.3 tons)
- Oman (63.4 tons)
- Malaysia (59.3 tons)
- Myanmar (6.4 tons)
- United Kingdom (3.6 tons)
- Sudan (0.9 tons)
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Pakistan.
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Pakistan.
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
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