Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Australia - 2024

Contents:

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

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

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $5,477 per ton in 2022, with an increase of 5.6% against the previous year. Overall, the import price posted resilient growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 51%. The import price peaked in 2022 and is likely to continue growth in years to come.

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 Vietnam ($9,930 per ton), while the price for Estonia ($3,559 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+14.7%), 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 Australia (FOB) - 2022

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $4,873 per ton in 2022, dropping by -19.3% against the previous year. In general, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 157%. The export price peaked at $8,671 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($10,176 per ton), while the average price for exports to Singapore ($2,579 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 Fiji (+111.4%), while the prices for the other major destinations experienced a decline.

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

For the fourth consecutive year, Australia recorded growth in purchases abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, which increased by 5.7% to 136 tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% 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 +62.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground rose significantly to $745K in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 111% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. India (86.7 tons)
2. China (17.4 tons)
3. Germany (5.2 tons)
4. Bulgaria (5.2 tons)
5. Egypt (5.0 tons)
6. Estonia (4.0 tons)
7. Spain (4.0 tons)
8. Vietnam (3.9 tons)
9. Turkey (3.7 tons)

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

In 2022, overseas shipments of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground increased by 263% to 6.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground surged to $30K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. New Zealand (3.6 tons)
2. India (1.5 tons)
3. Singapore (0.5 tons)
4. New Caledonia (0.2 tons)
5. Fiji (0.2 tons)

Source: IndexBox Market Intelligence Platform