Fennel Seed Oil Price Trend and Forecast

Regional Price Overview

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

Fennel Seed Oil Price Trend for the Second Half of 2023

Fennel Seed Oil saw a significant surge in prices during the said period of H2 of 2023. The prices for fennel seed oil rallied behind the growing prices of its feedstock fennel seeds. Gujrat, the highest fennel-producing state in India, registered around three times growth in the fennel acreage.

Fennel Seed Oil Price Chart

Fennel Seed Oil Price Trends

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This was due to the hiked prices and revenues fennel yielded this year. Gujrat sowed around 1.26 lakh hectares of area with fennel this rabi sowing season compared to the 46327 hectares of the previous year. These numbers clearly indicate a surge in the fennel seed oil prices during the last two quarters of 2023.

Analyst insight

According to Procurement Resource, given the anticipated increase in Fennel Seed Oil supply in the coming months, the market will strive for stabilization. However, the prices will continue to rally high for some time in the coming months.

Fennel Seed Oil Price Trend for the First Half of 2023

Fennel Seed Oil is milled out of dried fennel seeds, so the market trend generally mimic even the minor fluctuations in the fennel seed prices. Fennel seeds are also extensively used in Indian kitchens as a spice. Fennel Seed Oil is widely used in traditional medicinal practices for its pleasant and soothing aroma along with various aperitif, antiseptic, and antispasmodic qualities.

Fennel has emerged as a high-demand crop in the last few years. In 2023, many farmers pivoted to fennel farming, expecting higher profits. The rising demands caused the fennel and its allied products, namely Fennel Seed Oil prices, to rise throughout the discussed period. Overall, the prices and exports both rose for Fennel Seed Oil, especially in the Indian market.

Analyst Insight

According to Procurement Resource, with the given demand dynamics, the Fennel Seed Oil is likely to continue its high run in the upcoming months as well.

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Fennel is a perennial, pleasant-smelling herb with yellow flowers. Fennel Seed Oil is known to provide several health benefits, such as it has aperitif, antiseptic and antispasmodic qualities, among others. Fennel Seed Oil has a licorice-like flavour and an aroma. Fennel essential oil is rich in antioxidants and holds antimicrobial characteristics. It is used in a wide variety of food and beverages and in medicines.

Product Details

Report Features Details
Product Name Fennel Seed Oil
Synonyms 8006-84-6, Fennel oil , Oil of fennel
Industrial Uses Flavour and fragrance, Liqueurs , Pharmaceuticals and therapeutics, Personal care products and cosmetics, Culinary traditions 
Supplier Database Berjé Inc, BMV Fragrances Pvt. Ltd, Keva Flavours Pvt. Ltd., Moellhausen S.P.A, Fleurchem, Inc, Albert Vieille SAS
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Fennel Seed Oil via Steam Distillation

In order to produce Fennel Seed Oil, the seeds of the fennel plant are dried and crushed, which are then subjected to process of steam distillation, thus, producing the desired result.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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