China strongly buys anise from Vietnam, growing over 65%

Published 2023년 2월 14일

Tridge summary

In 2022, Vietnam saw a significant increase in star anise exports to China, with a 65.6% rise to 3,513 tons compared to the previous year. Despite a sharp decrease in exports to India, the country's total star anise exports experienced only a 12% drop, totaling 12,855 tons and generating a revenue of 72.9 million USD, marking a 36.7% increase. India continued to be the largest market, accounting for 41.3% of exports, while China, the US, and the Netherlands were also key importers. Star anise is primarily used as a spice in various dishes across these markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Pepper Association, in 2022, Vietnam will export 3,513 tons of star anise to China, an increase of 65.6% compared to 2021. As a result, in the past year, although the export of anise to the main market, India, decreased sharply (only reached 5,309 tons, down 30.8% compared to 2021), but the output of anise exports in general decreased by only 12, 2% (12,855 tons) and total turnover reached 72.9 million USD (up 36.7%). India is still the main export market of Vietnamese star anise, accounting for 41.3% in volume, followed by China, the US and the Netherlands which are also two major export markets for Vietnamese anise with 846 tons and 846 tons. 673 ...
Source: Agriculture

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.