Price for Anise, Badian, Fennel and Coriander in Ghana - 2022

Contents:

1. Price for Anise, Badian, Fennel and Coriander in Ghana (CIF) - 2022
2. Price for Anise, Badian, Fennel and Coriander in Ghana (FOB) - 2022
3. Imports of Anise, Badian, Fennel and Coriander in Ghana
4. Exports of Anise, Badian, Fennel and Coriander in Ghana

Price for Anise, Badian, Fennel and Coriander in Ghana (CIF) - 2022

The average import price for anise, badian, fennel and coriander stood at $2,319 per ton in 2022, picking up by 7.6% against the previous year. Over the period under review, the import price posted a noticeable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $2,587 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,028 per ton), while the price for Saudi Arabia ($548 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Anise, Badian, Fennel and Coriander in Ghana (FOB) - 2022

The average export price for anise, badian, fennel and coriander stood at $2,910 per ton in 2022, surging by 68% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $4,928 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,329 per ton), while the average price for exports to Belgium ($823 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 Spain (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Anise, Badian, Fennel and Coriander in Ghana

After three years of growth, supplies from abroad of anise, badian, fennel and coriander decreased by -19.4% to 184 tons in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 115% against the previous year.

In value terms, anise, badian, fennel and coriander imports dropped to $428K in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 168%.

Top Suppliers of Anise, Badian, Fennel and Coriander to Ghana in 2022:

1. United Arab Emirates (168.9 tons)
2. India (4.3 tons)
3. Saudi Arabia (3.1 tons)
4. United Kingdom (2.5 tons)

Exports of Anise, Badian, Fennel and Coriander in Ghana

In 2022, exports of anise, badian, fennel and coriander from Ghana shrank sharply to 3 tons, declining by -63.5% on the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 556% against the previous year. As a result, the exports reached the peak of 8.1 tons, and then reduced notably in the following year.

In value terms, anise, badian, fennel and coriander exports contracted markedly to $8.6K in 2022. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 342% against the previous year. As a result, the exports reached the peak of $14K, and then fell markedly in the following year.

Top Export Markets for Anise, Badian, Fennel and Coriander from Ghana in 2022:

1. United States (1173.0 kg)
2. Netherlands (1022.0 kg)
3. Germany (413.0 kg)
4. Canada (95.0 kg)
5. Belgium (62.0 kg)

Source: IndexBox Market Intelligence Platform