Aniseed Oil Price Trend and Forecast

Aniseed Oil Regional Price Overview

Get the latest insights on price movement and trend analysis of Aniseed Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Aniseed Oil Price Trend for Q2 of 2025

The Indian aniseed oil industry in Q2 2025 was characterized by tight supply and high buying interest. India imported most of its star anise from Vietnam during the period, and any changes in Vietnam's harvest found immediate expression in the Indian domestic market as well.
 

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When Vietnamese shipments decreased due to low yields from the dry climate, Indian processors were confronted with a more limited availability of their primary feedstock. As the harvesting season progressed in Vietnam, Indian traders and producers of oil observed that shipments were smaller and less frequent, and this led to widespread apprehension throughout the market.

This imbalance kept market psychology tense throughout the quarter. Inventory at large processors was depleted by the latter half of the period, and fewer suppliers were willing to sell new contracts. While some companies were able to supplement their requirements by dipping existing inventories, many had to reduce production or delay delivery dates to cope with shortages.

Analyst Insight

According to Procurement Resource, looking ahead, any real change in market tone will depend on improved star anise harvests and a steadier import flow. Until then, supply-demand for aniseed oil in India are likely to remain tightly balanced.
 

Aniseed Oil Price Trend for Q1 of 2025

In Q1 2025, the aniseed oil market experienced nuanced price movements, largely influenced by upstream conditions in Vietnam. Although raw material supply from northern provinces like Lang Son and Cao Bang remained stable, selective harvesting and seasonal variation moderately constrained oil yields. The spring crop, characterized by smaller star anise with lower oil content, was more plentiful, thereby limiting the availability of high-yield raw material for distillation and placing mild pressure on production.

Producers prioritized oil quality through careful drying and storage, while lower-grade or naturally fallen star anise, though cheaper, was primarily allocated to powder production due to its inconsistent quality and reduced aromatic value. Market demand remained stable across the flavor, fragrance, and pharmaceutical sectors, with buyers favoring oils high in anethole content. However, the additional volume from the spring harvest was insufficient to significantly ease pricing.

Export dynamics remained firm, with logistical and freight costs holding steady. Vietnamese exporters continued to report consistent shipment volumes to key international markets, including Europe, India, and the United States. Trade stability was underpinned by standardized certifications and adherence to international quality norms, supporting buyer confidence and reinforcing Vietnam’s position as a key supplier in the global aniseed oil market.

Analyst Insight

According to Procurement Resource, upstream factors like feedstock availability and prices will continue to primarily drive the aniseed oil prices in the coming months as well.
 

Aniseed Oil Price Trend for the Year 2024

In 2024, aniseed oil market exhibited a mixed trend, largely influenced by fluctuations in Vietnam’s star anise harvest and export volumes. Since aniseed oil is derived from a small fraction of the star anise crop, any disruption or seasonal shift in raw material supply had a noticeable effect on oil availability and price movement.

Throughout the year, Vietnam remained one of the world’s leading producers of star anise, with key cultivation areas in Lang Son and Cao Bang. Overall export volumes declined compared to the previous year, tightening the availability of raw material for processors converting the spice into essential oil. India was the primary buyer of Vietnamese star anise, and regular demand from the region continued to support overall oil extraction levels.

The autumn and spring harvests showed notable differences in oil content, with autumn crops yielding higher essential oil levels. As a result, processors faced intermittent shortages during the first half of the year when spring-harvested pods dominated supply.

In contrast, the later harvest supported better extraction, althouijhhhijyuhyugh overall output was limited by reduced yields and lower exports. Most of Vietnam’s star anise output was exported as dried or whole spice, further restricting the volume available for oil distillation and making the market sensitive to even slight changes in raw material supply.

Analyst Insight

According to Procurement Resource, in the near future, limited availability of oil-rich harvests or higher demand from key importing countries could influence short-term market balance. Any supply tightening or shifts in export trends may quickly impact sentiment in the essential oil segment.
 

Aniseed Oil Price Trend for the Second Half of 2023

The year-end report on agricultural imports and exports suggests that India has registered a decline in the volumes of farm imports by almost 10%. This double-digit percentage fall in the import rates marks the self-sufficiency of the nation as it aims at reducing its dependence on overseas produce. Despite some alterations in the sowing and reaping calendar of the farmers during the early months of the year, the crop output was more than enough to cater to the domestic and international demand for vegetable oils such as aniseed oil.

On the other side of the market, the demand for aniseed oil did not show any significant appreciation during the last two quarters of 2023, and as a result of robust production, the supply of this vegetable oil surpassed the procurement rates by a huge margin. In order to stabilize this disbalance in the market, the traders and producers reduced the quoted prices of aniseed oil which eventually led to the southward movement of the aniseed oil price trends globally.

Analyst Insight

According to Procurement Resource, the price trend of Aniseed Oil is estimated to follow a fluctuating journey as in view of rising domestic production and stagnancy in demand from the consumer sector, the market dynamics may face a number of challenges.
 

Aniseed Oil Price Trend for the First Half of 2023

Aniseed oil is extracted from Star Anise, a premium spice mainly cultivated in East Asian nations like China and Vietnam. Anise is a rich source of various micronutrients like Iron and Manganese. Aniseed Oil is used primarily in the pharma and flavoring sectors; because of its health and healing benefits, Aniseed Oil saw a surge in demand.

In the first half of the year 2023, Vietnam observed a 129% growth in the Anise export volume, with India being the biggest importer as traditional medicinal practices are popular in India. So, during the discussed time period, Aniseed Oil had a good market run.

Analyst Insight

According to Procurement Resource, given the growth in the Aniseed Oil market size, the future prospects look promising, especially in the Asian region.

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