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

Contents:

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

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

In 2022, the average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $4,246 per ton, reducing by -34.8% against the previous year. Overall, the import price faced a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 24% against the previous year. Over the period under review, average import prices attained the maximum at $20,333 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($9,121 per ton), while the price for China ($3,323 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground decreased by -35.1% to 3.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 258% against the previous year.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground declined sharply to $16K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 342%.

Import of Seeds of Anise, Badian, Caraway or Fennel; Juniper Berries, Crushed or Ground in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.718.08.713.742.8%
CanadaN/AN/AN/A1.30%
Free ZonesN/A8.814.11.0-66.3%
China0.80.30.30.4-20.6%
EcuadorN/AN/A14.7N/A0%
Others0.60.21.0N/A29.1%
Total6.227.338.816.438.3%

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

  1. United States (3354.0 kg)
  2. Free Zones (238.0 kg)
  3. Canada (140.0 kg)
  4. China (130.0 kg)

Source: IndexBox Market Intelligence Platform

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