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

Contents:

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

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

The average export price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground stood at $5,656 per ton in 2022, flattening at the previous year. Over the period under review, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 25%. The export price peaked at $14,654 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($5,656 per ton) and the United States ($5,656 per ton), while the average price for exports to the UK ($5,656 per ton) and France ($5,656 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $4,690 per ton, with an increase of 4.2% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 decreased by -11.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 27%. Over the period under review, average import prices reached the peak figure at $5,301 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($4,691 per ton) and Malaysia ($4,690 per ton), while the price for Germany ($4,688 per ton) and Japan ($4,689 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth year in a row, Vietnam recorded growth in shipments abroad of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground, which increased by 7.9% to 343 tons in 2022. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 167%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground amounted to $1.9M in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 165% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

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

1. United States (119.0 tons)
2. United Kingdom (46.0 tons)
3. Germany (35.6 tons)
4. Pakistan (24.0 tons)
5. France (20.6 tons)
6. Brazil (17.5 tons)
7. Netherlands (17.0 tons)
8. Australia (13.6 tons)
9. India (13.1 tons)

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

In 2022, approx. 5.6 tons of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground were imported into Vietnam; declining by -4% on the previous year. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year.

In value terms, imports of seeds of anise, badian, caraway or fennel; juniper berries, crushed or ground reached $26K in 2022. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 21%.

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

1. Malaysia (2.1 tons)
2. Japan (1.6 tons)
3. India (1.6 tons)
4. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform