Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Canada - 2023

Contents:

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

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

In 2022, the average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $4,435 per ton, approximately equating the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground increased by +91.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 52%. The import price peaked at $4,466 per ton in 2021, and then declined modestly in the following year.

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 China ($11,074 per ton), while the price for Turkey ($2,998 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.4%), 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 Canada (FOB) - 2022

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $2,734 per ton in 2022, picking up by 19% against the previous year. Over the last decade, it increased at an average annual rate of +5.2%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +22.2% per year.

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

In 2022, approx. 150 tons of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground were imported into Canada; picking up by 14% against 2021. Over the period under review, imports, however, recorded a abrupt decline.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground rose remarkably to $664K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +45.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. India (63.1 tons)
2. Egypt (23.4 tons)
3. United States (20.1 tons)
4. Germany (6.6 tons)
5. Syrian Arab Republic (6.1 tons)
6. China (6.1 tons)
7. Turkey (5.7 tons)
8. Netherlands (3.8 tons)
9. United Kingdom (3.3 tons)
10. Vietnam (2.7 tons)
11. Finland (0.3 tons)

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

After three years of growth, overseas shipments of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -48.4% to 119 tons in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 189%. As a result, the exports attained the peak of 231 tons, and then fell notably in the following year.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground declined remarkably to $326K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 198%. As a result, the exports reached the peak of $532K, and then fell sharply in the following year.

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

1. United States (119.4 tons)

Source: IndexBox Market Intelligence Platform