Price for Anise, Badian, Fennel and Coriander in Chile - 2023

Contents:

1. Price for Anise, Badian, Fennel and Coriander in Chile (CIF) - 2023
2. Imports of Anise, Badian, Fennel and Coriander in Chile

Price for Anise, Badian, Fennel and Coriander in Chile (CIF) - 2023

The average import price for anise, badian, fennel and coriander stood at $4,891 per ton in July 2023, with an increase of 1.5% against the previous month. Overall, the import price posted mild growth. The pace of growth was the most pronounced in March 2023 when the average import price increased by 286% against the previous month. As a result, import price attained the peak level of $11,409 per ton. From April 2023 to July 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was India ($4,848 per ton), while the price for Germany stood at $4,791 per ton.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Anise, Badian, Fennel and Coriander in Chile

Anise, badian, fennel and coriander imports into Chile reached 911 tons in 2022, picking up by 3.9% on 2021. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, anise, badian, fennel and coriander imports surged to $2.9M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Anise, Badian, Fennel and Coriander to Chile in 2022:

1. India (584.5 tons)
2. Argentina (189.0 tons)
3. United States (37.4 tons)
4. China (32.5 tons)
5. Turkey (19.0 tons)
6. Italy (19.0 tons)

Source: IndexBox Market Intelligence Platform