In 2023, the gross production value of anise, badian, fennel, and coriander in China was approximately 112.7 million USD. Forecasted data shows a steady year-on-year increase: 2024 (113.1), 2025 (113.55), 2026 (113.98), 2027 (114.42), and 2028 (114.85) million USD in PPP terms. The projected compound annual growth rate (CAGR) over 2024-2028 is modest, reflecting a stable growth trajectory.
Future trends to watch:
- Observing potential shifts in domestic cultivation practices or policy changes impacting production levels.
- Monitoring international demand influencing export opportunities and pricing dynamics.
- The role of technology in enhancing yield and production efficiency.