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

Contents:

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

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $4,800 per ton, increasing by 3.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 55%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($11,133 per ton), while the price for Turkey ($2,860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, crushed or ground stood at $5,214 per ton in 2022, declining by -10.4% against the previous year. Overall, the export price continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by 49%. The export price peaked at $7,529 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($10,243 per ton), while the average price for exports to Hungary ($3,531 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+78.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Slovenia

In 2022, approx. 2.3 tons of coriander seeds, crushed or ground were imported into Slovenia; jumping by 23% on 2021. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, coriander seeds, crushed or ground imports soared to $11K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Austria (1158.0 kg)
2. Turkey (450.0 kg)
3. Italy (349.0 kg)
4. Germany (219.0 kg)
5. Netherlands (54.0 kg)
6. Hungary (11.0 kg)

Exports of Coriander Seeds, Crushed or Ground in Slovenia

For the fourth consecutive year, Slovenia recorded growth in shipments abroad of coriander seeds, crushed or ground, which increased by 143% to 641 kg in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 376% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $3.3K in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 334%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Hungary (384.0 kg)
2. Croatia (80.0 kg)
3. Sweden (74.0 kg)
4. North Macedonia (32.0 kg)
5. Montenegro (28.0 kg)
6. Italy (20.0 kg)
7. Bosnia and Herzegovina (15.0 kg)

Source: IndexBox Market Intelligence Platform