Price for Anise, Badian, Fennel and Coriander in Qatar - 2023

Contents:

1. Price for Anise, Badian, Fennel and Coriander in Qatar (CIF) - 2022
2. Imports of Anise, Badian, Fennel and Coriander in Qatar

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

The average import price for anise, badian, fennel and coriander stood at $1,926 per ton in 2022, increasing by 20% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, anise, badian, fennel and coriander import price increased by +30.4% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 China ($4,777 per ton), while the price for Russia ($912 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Anise, Badian, Fennel and Coriander in Qatar

In 2022, supplies from abroad of anise, badian, fennel and coriander decreased by -31.8% to 294 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 27%. As a result, imports attained the peak of 503 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, anise, badian, fennel and coriander imports shrank rapidly to $566K in 2022. Overall, imports continue to indicate a mild curtailment. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of $774K. From 2021 to 2022, the growth of imports remained at a lower figure.

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

1. India (232.7 tons)
2. Russia (20.3 tons)
3. Iran (20.0 tons)
4. China (18.4 tons)

Source: IndexBox Market Intelligence Platform