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

Contents:

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

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

The average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $9,974 per ton in 2022, shrinking by -17.7% against the previous year. In general, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 86% against the previous year. As a result, import price reached the peak level of $16,230 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($15,621 per ton), while the price for Austria ($4,492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), 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 Slovakia (FOB) - 2022

In 2022, the average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $3,484 per ton, shrinking by -32.1% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 134% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,875 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($3,508 per ton), while the average price for exports to the Czech Republic totaled $3,472 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-0.2%), 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 Slovakia

In 2022, approx. 13 tons of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground were imported into Slovakia; growing by 64% compared with the previous year's figure. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground surged to $133K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +48.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Austria (3.8 tons)
2. Hungary (3.6 tons)
3. Czech Republic (2.7 tons)
4. Poland (1.6 tons)
5. Germany (1.5 tons)
6. Netherlands (0.1 tons)

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

For the fourth consecutive year, Slovakia recorded growth in shipments abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, which increased by 607% to 35 tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,555% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground skyrocketed to $121K in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,264% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Czech Republic (33.7 tons)
2. Hungary (0.9 tons)

Source: IndexBox Market Intelligence Platform