Price for Coriander Seeds, Crushed or Ground in Guatemala - 2023

Contents:

  1. Price for Coriander Seeds, Crushed or Ground in Guatemala (CIF) - 2022
  2. Price for Coriander Seeds, Crushed or Ground in Guatemala (FOB) - 2022
  3. Imports of Coriander Seeds, Crushed or Ground in Guatemala
  4. Exports of Coriander Seeds, Crushed or Ground in Guatemala

Price for Coriander Seeds, Crushed or Ground in Guatemala (CIF) - 2022

The average import price for coriander seeds, crushed or ground stood at $8,756 per ton in 2022, declining by -54.1% against the previous year. In general, the import price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 377%. As a result, import price reached the peak level of $19,079 per ton, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($33,406 per ton), while the price for India ($2,537 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Coriander Seeds, Crushed or Ground in Guatemala (FOB) - 2022

In 2022, the average export price for coriander seeds, crushed or ground amounted to $2,869 per ton, jumping by 36% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,392%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($4,773 per ton), while the average price for exports to Costa Rica stood at $2,758 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+3.1%).

Imports of Coriander Seeds, Crushed or Ground in Guatemala

In 2022, the amount of coriander seeds, crushed or ground imported into Guatemala surged to 1.4 tons, picking up by 36% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 11,667%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, coriander seeds, crushed or ground imports shrank markedly to $13K in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 56,025%. As a result, imports reached the peak of $20K, and then contracted significantly in the following year.

Import of Coriander Seeds, Crushed or Ground in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A15.18.6-43.0%
IndiaN/AN/A0.12.22100.0%
MexicoN/AN/AN/A1.40%
EgyptN/AN/AN/A0.40%
Spain0.4N/AN/AN/A0%
ColombiaN/AN/A5.0N/A0%
OthersN/AN/AN/AN/A0%
Total0.5N/A20.212.7194.0%

Top Suppliers of Coriander Seeds, Crushed or Ground to Guatemala in 2022:

  1. India (879.0 kg)
  2. United States (256.0 kg)
  3. Mexico (200.0 kg)
  4. Egypt (110.0 kg)

Exports of Coriander Seeds, Crushed or Ground in Guatemala

Coriander seeds, crushed or ground exports from Guatemala surged to 3.8 tons in 2022, with an increase of 5,235% on 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coriander seeds, crushed or ground exports soared to $11K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Coriander Seeds, Crushed or Ground in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa RicaN/AN/A0.19.89700.0%
El SalvadorN/AN/AN/A0.90%
HondurasN/A0.1N/AN/A0%
OthersN/AN/AN/A0.10%
Total0.10.10.110.9377.7%

Top Export Markets for Coriander Seeds, Crushed or Ground from Guatemala in 2022:

  1. Costa Rica (3.6 tons)
  2. El Salvador (0.2 tons)

Source: IndexBox Market Intelligence Platform

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