Price for Anise, Badian, Fennel and Coriander in Venezuela - 2022
Contents:
- Price for Anise, Badian, Fennel and Coriander in Venezuela (CIF) - 2022
- Price for Anise, Badian, Fennel and Coriander in Venezuela (FOB) - 2022
- Imports of Anise, Badian, Fennel and Coriander in Venezuela
- Exports of Anise, Badian, Fennel and Coriander in Venezuela
Price for Anise, Badian, Fennel and Coriander in Venezuela (CIF) - 2022
The average import price for anise, badian, fennel and coriander stood at $2,648 per ton in 2022, falling by -21.8% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of 62%. As a result, import price attained the peak level of $3,388 per ton, and then reduced remarkably in the following year.
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 Syrian Arab Republic ($39,857 per ton), while the price for Argentina ($336 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Anise, Badian, Fennel and Coriander in Venezuela (FOB) - 2022
In 2022, the average export price for anise, badian, fennel and coriander amounted to $3,680 per ton, growing by 9% against the previous year. Overall, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 119%. The export price peaked at $5,720 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($4,627 per ton), while the average price for exports to Aruba ($2,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+18.1%).
Imports of Anise, Badian, Fennel and Coriander in Venezuela
In 2022, the amount of anise, badian, fennel and coriander imported into Venezuela skyrocketed to 269 tons, increasing by 24% compared with 2021 figures. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 182%. As a result, imports attained the peak of 330 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, anise, badian, fennel and coriander imports reduced slightly to $712K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year.
| Import of Anise, Badian, Fennel and Coriander in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Syrian Arab Republic | 164 | 318 | 372 | 258 | 16.3% |
| India | 44.1 | 186 | 72.6 | 125 | 41.5% |
| Germany | 10.9 | 6.5 | 27.7 | 59.4 | 76.0% |
| China | 9.7 | 15.0 | 73.8 | 44.8 | 66.5% |
| Turkey | 30.9 | 14.4 | 17.2 | 31.0 | 0.1% |
| Vietnam | 5.0 | 7.3 | 5.6 | 25.1 | 71.2% |
| United States | 13.3 | 26.5 | 6.4 | 11.4 | -5.0% |
| Egypt | N/A | 30.9 | N/A | 10.2 | -42.5% |
| Argentina | 6.7 | 12.8 | 14.8 | 10.1 | 14.7% |
| United Arab Emirates | 13.1 | 8.7 | 13.1 | 9.0 | -11.8% |
| Singapore | 4.8 | 8.5 | 10.3 | 6.2 | 8.9% |
| Others | 31.2 | 56.6 | 120 | 122 | 57.5% |
| Total | 334 | 690 | 734 | 712 | 28.7% |
Top Suppliers of Anise, Badian, Fennel and Coriander to Venezuela in 2022:
- India (87.1 tons)
- Argentina (30.1 tons)
- Germany (27.4 tons)
- Turkey (21.0 tons)
- United States (14.3 tons)
- United Arab Emirates (9.5 tons)
- Vietnam (9.5 tons)
- China (8.7 tons)
- Egypt (6.8 tons)
- Syrian Arab Republic (6.5 tons)
- Singapore (4.8 tons)
Exports of Anise, Badian, Fennel and Coriander in Venezuela
In 2022, shipments abroad of anise, badian, fennel and coriander decreased by -43% to 200 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 602% against the previous year. As a result, the exports attained the peak of 351 kg, and then shrank sharply in the following year.
In value terms, anise, badian, fennel and coriander exports reduced remarkably to $736 in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 314% against the previous year.
| Export of Anise, Badian, Fennel and Coriander in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 55.0 | 227 | 935 | 273 | 70.6% |
| Brunei Darussalam | N/A | N/A | N/A | 195 | 0% |
| Aruba | 14.0 | 59.0 | 250 | 74.0 | 74.2% |
| Others | N/A | N/A | N/A | 194 | 0% |
| Total | 69.0 | 286 | 1,185 | 736 | 120.1% |
Top Export Markets for Anise, Badian, Fennel and Coriander from Venezuela in 2022:
- Colombia (59.0 kg)
- Brunei Darussalam (53.0 kg)
- Aruba (35.0 kg)
276
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Venezuela.
572
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
276
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Venezuela.
572
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
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