Price for Anise, Badian, Fennel and Coriander in Hong Kong SAR - 2023
Contents:
- Price for Anise, Badian, Fennel and Coriander in Hong Kong SAR (CIF) - 2022
- Price for Anise, Badian, Fennel and Coriander in Hong Kong SAR (FOB) - 2022
- Imports of Anise, Badian, Fennel and Coriander in Hong Kong SAR
- Exports of Anise, Badian, Fennel and Coriander in Hong Kong SAR
Price for Anise, Badian, Fennel and Coriander in Hong Kong SAR (CIF) - 2022
The average import price for anise, badian, fennel and coriander stood at $3,766 per ton in 2022, growing by 34% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($15,287 per ton), while the price for India ($2,066 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Anise, Badian, Fennel and Coriander in Hong Kong SAR (FOB) - 2022
The average export price for anise, badian, fennel and coriander stood at $9,289 per ton in 2022, picking up by 291% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($19,833 per ton), while the average price for exports to China ($2,485 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 (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Anise, Badian, Fennel and Coriander in Hong Kong SAR
In 2022, purchases abroad of anise, badian, fennel and coriander decreased by -54% to 357 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, anise, badian, fennel and coriander imports dropped sharply to $1.3M in 2022. Overall, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of $5.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Anise, Badian, Fennel and Coriander in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,651 | 4,585 | 1,027 | 658 | -37.2% |
| India | 249 | 247 | 649 | 320 | 8.7% |
| Vietnam | 67.5 | 138 | 366 | 217 | 47.6% |
| United States | 150 | 94.5 | 92.3 | 119 | -7.4% |
| Taiwan (Chinese) | 160 | 13.2 | 33.2 | 19.9 | -50.1% |
| Others | 22.6 | 26.9 | 7.8 | 9.8 | -24.3% |
| Total | 3,300 | 5,105 | 2,175 | 1,343 | -25.9% |
Top Suppliers of Anise, Badian, Fennel and Coriander to Hong Kong SAR in 2022:
- China (161.3 tons)
- India (155.1 tons)
- Vietnam (24.3 tons)
- United States (7.8 tons)
- Taiwan (Chinese) (7.7 tons)
Exports of Anise, Badian, Fennel and Coriander in Hong Kong SAR
Anise, badian, fennel and coriander exports from Hong Kong SAR declined remarkably to 49 tons in 2022, waning by -84.8% compared with the year before. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 201% against the previous year. As a result, the exports attained the peak of 319 tons, and then fell notably in the following year.
In value terms, anise, badian, fennel and coriander exports fell markedly to $451K in 2022. Over the period under review, exports saw a abrupt downturn. The smallest decline of -0.2% was in 2020.
| Export of Anise, Badian, Fennel and Coriander in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 37.3 | 165 | N/A | 136 | 53.9% |
| Australia | 24.8 | 52.2 | 62.7 | 111 | 64.8% |
| United States | 114 | 124 | 70.2 | 57.3 | -20.5% |
| Macao SAR | 15.5 | 15.0 | 12.5 | 45.9 | 43.6% |
| Canada | 24.6 | 34.4 | 50.7 | 43.5 | 20.9% |
| Taiwan (Chinese) | 310 | 279 | N/A | 6.1 | -73.0% |
| China | 142 | 48.0 | 415 | 2.4 | -74.3% |
| South Korea | N/A | N/A | 97.3 | N/A | 0% |
| Israel | 17.1 | 7.0 | N/A | N/A | -59.1% |
| Others | 80.1 | 39.7 | 48.9 | 48.0 | -15.7% |
| Total | 765 | 763 | 757 | 451 | -16.1% |
Top Export Markets for Anise, Badian, Fennel and Coriander from Hong Kong SAR in 2022:
- Mexico (20.0 tons)
- Australia (9.1 tons)
- United States (6.3 tons)
- Canada (4.9 tons)
- Macao SAR (2.3 tons)
- Taiwan (Chinese) (1.6 tons)
- China (1.0 tons)
291
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Hong Kong SAR, China.
572
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
291
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Hong Kong SAR, China.
572
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
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