Price for Coriander Seeds, Neither Crushed Nor Ground in Ethiopia - 2022

Contents:

1. Price for Coriander Seeds, Neither Crushed Nor Ground in Ethiopia (FOB) - 2022
2. Price for Coriander Seeds, Neither Crushed Nor Ground in Ethiopia (CIF) - 2022
3. Exports of Coriander Seeds, Neither Crushed Nor Ground in Ethiopia
4. Imports of Coriander Seeds, Neither Crushed Nor Ground in Ethiopia

Price for Coriander Seeds, Neither Crushed Nor Ground in Ethiopia (FOB) - 2022

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $343 per ton, dropping by -20.9% against the previous year. Over the period under review, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 11%. The export price peaked at $794 per ton in 2012; however, from 2013 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 India ($1,120 per ton), while the average price for exports to Kenya ($77 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 Pakistan (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Coriander Seeds, Neither Crushed Nor Ground in Ethiopia (CIF) - 2022

The average import price for coriander seeds, neither crushed nor ground stood at $1,898 per ton in 2022, surging by 14% against the previous year. Overall, the import price enjoyed slight growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 177% against the previous year. As a result, import price reached the peak level of $2,802 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 the UK ($4,800 per ton), while the price for China totaled $1,715 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Exports of Coriander Seeds, Neither Crushed Nor Ground in Ethiopia

In 2022, approx. 618 tons of coriander seeds, neither crushed nor ground were exported from Ethiopia; rising by 17% on the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 453%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of coriander seeds, neither crushed nor ground reduced to $212K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 213%.

Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from Ethiopia in 2022:

1. Kenya (353.4 tons)
2. Somalia (192.0 tons)
3. India (40.0 tons)
4. Djibouti (20.4 tons)

Imports of Coriander Seeds, Neither Crushed Nor Ground in Ethiopia

In 2022, after three years of growth, there was significant decline in supplies from abroad of coriander seeds, neither crushed nor ground, when their volume decreased by -16.6% to 421 kg. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year.

In value terms, imports of coriander seeds, neither crushed nor ground reduced to $799 in 2022. Overall, imports continue to indicate a noticeable reduction. The smallest decline of -2.3% was in 2020.

Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Ethiopia in 2022:

1. China (396.0 kg)
2. United Kingdom (25.0 kg)

Source: IndexBox Market Intelligence Platform