Sharp Decline in India’s Fennel Exports Drives Market Uncertainty in 2025

The Fennel market confronts turbulent times as India, the world’s top exporter, posted a staggering 52% decline in fennel exports during 2025. This drop signals not only shifting global demand but also heightened volatility within the international spice sector. Several dynamic factors shaped this dramatic downturn: initial months saw robust export growth, but the momentum collapsed sharply in the second half of the year, with monthly performance swinging between major gains and brutal contractions.

While spring and early summer brought optimism to growers and traders (with exports even surging over 80% year-on-year in some months), the latter half was marked by persistent weakness. The result: a year with some of the sharpest volume swings in recent memory, leaving exporters and market watchers bracing for a challenging future. Industry voices anticipate upcoming export performance to hinge on how quickly global demand recovers and whether India remains price competitive—a question compounded by shifting weather patterns and evolving buying strategies worldwide. With recent product prices in India stable but muted, all eyes are on international buyers to revive the market’s fortunes.

📈 Prices

Product	Type/Grade	Purity	Organic	Origin	Price (EUR/kg, FOB New Delhi)	Weekly Change	Sentiment
Fennel	whole	–	Yes	IN	2.40	0.00	Stable
Fennel seeds	grade – A	99%	No	IN	1.14	0.00	Stable
Fennel seeds	grade – A	98%	No	IN	0.89	0.00	Stable

🌍 Supply & Demand

• Exports: In 2025, India’s fennel exports plummeted to 35,683.80 tonnes (from 75,059.78 tonnes in 2024), a 52.46% decline.
• Early 2025: Marked by robust growth—Q1 and Q2 saw strong increases in shipment volumes, with March up 80.42% year-on-year.
• Second half 2025: Demand weakened sharply; monthly performance was erratic, with steep drops in October (-22.39%) and December (-61.27%).
• Market Drivers: Primary cause cited by stakeholders is softening global demand, especially from large importers. Price competitiveness and market timing are seen as crucial to revival.

📊 Fundamentals

• Export Volatility: Significant shipment fluctuations. For example, July and August stayed positive, but strong declines in autumn—culminating in a weak year-end.
• Industry Viewpoint: Experts highlight the year’s instability and expect future market movements to depend on demand-side recovery and sharper pricing strategies.

☁️ Weather & Yield Outlook

• India’s major fennel-producing regions experienced generally normal weather in late 2025, with no widespread crop failures reported. However, erratic monsoon patterns and sporadic heatwaves influenced overall crop health in some areas.
• Weather stability could assist recovery in output for 2026, but late-rainfall and heat spikes remain risk factors impacting yields and future price movements.

🌐 Global Production & Stocks

Country	2025 Production (est.)	2025 Exports	2025 Imports	Comments
India	Largest globally	35,683.8 t	–	Export volumes sharply down due to demand
Egypt, Iran, Turkey	Minor producers	N/A	N/A	Stable, limited global impact

📌 Trading Outlook & Recommendations

• Watch for demand signals from major importing countries—EU, Middle East, North America.
• Monitor potential price realignment and competitive offers as Indian sellers adjust to lower demand.
• Short-term: Market sentiment stable, but export revival uncertain until stronger overseas buying reemerges.
• Long-term: Weather and currency fluctuations may impact supply/demand dynamics through 2026.
• Recommendations: For exporters, consider targeted promotions for value-added and organic fennel products; importers should watch for price opportunities amid ongoing volatility.

📆 3-Day Regional Price Forecast (FOB New Delhi)

Product	Spot Price (EUR/kg)	3-Day Forecast (EUR/kg)	Sentiment
Fennel, whole, organic	2.40	2.40	Stable
Fennel seeds, grade A, 99%	1.14	1.14	Stable
Fennel seeds, grade A, 98%	0.89	0.89	Stable

Raw Text forms the core of this report. Price table draws on the latest available offers for additional context.