Price for Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Nigeria - 2022

Contents:

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

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

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $2,404 per ton in 2022, jumping by 83% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. Over the period under review, average import prices hit record highs at $5,000 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 South Africa ($4,179 per ton), while the price for India stood at $1,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, when their volume decreased by -99.3% to 634 kg. In general, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 1,281%.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground contracted dramatically to $1.5K in 2022. Overall, imports saw a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 670%.

Import of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/A1.22.91.0-8.7%
India2.76.365.00.6-39.4%
TurkeyN/A28.543.4N/A52.3%
Others2.0N/A1.0N/A-29.3%
Total4.736.01121.5-31.7%

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

  1. India (405.0 kg)
  2. South Africa (229.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Seeds Of Anise, Badian, Caraway Or Fennel; Juniper Berries, Crushed Or Ground - Nigeria