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Bulgaria - Anise, Badian, Fennel and Coriander - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBulgaria: Market for Anise, Badian, Fennel And Coriander 2024
Market Size for Anise, Badian, Fennel And Coriander in Bulgaria
The Bulgarian market for anise, badian, fennel and coriander declined notably to $X in 2023, waning by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2023, the growth of the market failed to regain momentum.
Production of Anise, Badian, Fennel And Coriander in Bulgaria
In value terms, anise, badian, fennel and coriander production dropped to $X in 2023 estimated in export price. In general, production, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Anise, badian, fennel and coriander production peaked at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.
The average yield of anise, badian, fennel and coriander in Bulgaria reached X tons per ha in 2023, approximately reflecting 2022 figures. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by X% against the previous year. Over the period under review, the average anise, badian, fennel and coriander yield reached the maximum level at X tons per ha in 2013; however, from 2014 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2023, the harvested area of anise, badian, fennel and coriander in Bulgaria dropped slightly to X ha, approximately mirroring the previous year. In general, the harvested area continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X%. The anise, badian, fennel and coriander harvested area peaked at X ha in 2015; however, from 2016 to 2023, the harvested area failed to regain momentum.
Exports of Anise, Badian, Fennel And Coriander
Exports from Bulgaria
In 2023, approx. X tons of anise, badian, fennel and coriander were exported from Bulgaria; surging by X% on the previous year. Over the period under review, exports, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
In value terms, anise, badian, fennel and coriander exports declined to $X in 2023. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Indonesia (X tons), Sri Lanka (X tons) and Nepal (X tons) were the main destinations of anise, badian, fennel and coriander exports from Bulgaria, with a combined X% share of total exports. India, the UK, Thailand, Malaysia, Algeria, Germany, Pakistan, South Africa, the United States and the United Arab Emirates lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for anise, badian, fennel and coriander exported from Bulgaria were Indonesia ($X), Sri Lanka ($X) and India ($X), with a combined X% share of total exports. Nepal, the UK, Germany, Thailand, Algeria, Malaysia, Pakistan, the United States, South Africa and the United Arab Emirates lagged somewhat behind, together comprising a further X%.
The UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for anise, badian, fennel and coriander stood at $X per ton in 2023, dropping by X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Anise, Badian, Fennel And Coriander
Imports into Bulgaria
For the third year in a row, Bulgaria recorded decline in supplies from abroad of anise, badian, fennel and coriander, which decreased by X% to X tons in 2023. In general, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.
In value terms, anise, badian, fennel and coriander imports surged to $X in 2023. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in years to come.
Imports by Country
India (X tons), Egypt (X tons) and North Macedonia (X tons) were the main suppliers of anise, badian, fennel and coriander imports to Bulgaria, together accounting for X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, India ($X) constituted the largest supplier of anise, badian, fennel and coriander to Bulgaria, comprising X% of total imports. The second position in the ranking was held by North Macedonia ($X), with a X% share of total imports. It was followed by Egypt, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: North Macedonia (X% per year) and Egypt (X% per year).
Import Prices by Country
The average import price for anise, badian, fennel and coriander stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price recorded a strong expansion. The pace of growth was the most pronounced in 2015 an increase of X%. The import price peaked in 2023 and is likely to see gradual growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Albania ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Albania (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 711 - Anise, badian, fennel
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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