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

Contents:

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

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

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $4,997 per ton in 2022, rising by 248% against the previous year. In general, the import price enjoyed a modest expansion. The import price peaked at $25,426 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($5,108 per ton), while the price for China totaled $4,945 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.0%).

Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Hong Kong SAR (FOB) - 2022

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $9,323 per ton in 2022, surging by 1.8% against the previous year. Over the period under review, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 326% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($23,149 per ton), while the average price for exports to Canada ($7,629 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 Ireland (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Hong Kong SAR

In 2022, supplies from abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -85.9% to 9.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 545%.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground dropped sharply to $46K in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 188%.

Import of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.653.144.043.146.9%
United KingdomN/AN/AN/A2.60%
IndiaN/AN/A49.3N/A0%
Others6.34.30.70.5-57.0%
Total19.957.494.046.232.4%

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

  1. China (8.7 tons)
  2. United Kingdom (0.5 tons)

Exports of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Hong Kong SAR

In 2022, shipments abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground was finally on the rise to reach 4.3 tons after two years of decline. In general, exports, however, faced a precipitous shrinkage.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground soared to $40K in 2022. Overall, exports, however, showed a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 68%.

Export of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada10.51.61.429.140.5%
Ireland8.13.613.07.9-0.8%
United KingdomN/A1.6N/A1.99.0%
New ZealandN/AN/AN/A1.50%
Japan53.75.49.1N/A-58.8%
China4.0N/A7.8N/A39.6%
Taiwan (Chinese)7.74.7N/AN/A-39.0%
United States2.7N/AN/AN/A0%
OthersN/A1.8N/AN/A0%
Total86.718.731.340.5-22.4%

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

  1. Canada (3.8 tons)
  2. Ireland (0.3 tons)
  3. United Kingdom (0.1 tons)
  4. New Zealand (0.1 tons)

Source: IndexBox Market Intelligence Platform

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