Price for Coriander Seeds, Neither Crushed Nor Ground in Italy - 2023
Contents:
- Price for Coriander Seeds, Neither Crushed Nor Ground in Italy (FOB) - 2022
- Price for Coriander Seeds, Neither Crushed Nor Ground in Italy (CIF) - 2022
- Exports of Coriander Seeds, Neither Crushed Nor Ground in Italy
- Imports of Coriander Seeds, Neither Crushed Nor Ground in Italy
Price for Coriander Seeds, Neither Crushed Nor Ground in Italy (FOB) - 2022
The average export price for coriander seeds, neither crushed nor ground stood at $1,591 per ton in 2022, growing by 3.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,821 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($1,672 per ton) and Thailand ($1,509 per ton), while the average price for exports to Turkey ($1,165 per ton) and Bangladesh ($1,436 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Coriander Seeds, Neither Crushed Nor Ground in Italy (CIF) - 2022
In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $2,361 per ton, waning by -6% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for coriander seeds, neither crushed nor ground increased by +43.4% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $2,512 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,718 per ton), while the price for Ukraine ($1,409 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Coriander Seeds, Neither Crushed Nor Ground in Italy
In 2022, after three years of growth, there was significant decline in overseas shipments of coriander seeds, neither crushed nor ground, when their volume decreased by -5.9% to 17K tons. The total export volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports attained the peak of 18K tons, and then dropped in the following year.
In value terms, exports of coriander seeds, neither crushed nor ground declined slightly to $27M in 2022. The total export value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26%.
| Export of Coriander Seeds, Neither Crushed Nor Ground in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.1 | 11.6 | 14.7 | 12.3 | 6.8% |
| China | 2.5 | 4.0 | 3.9 | 5.9 | 33.1% |
| Bangladesh | 1.5 | 3.7 | 3.1 | 1.8 | 6.3% |
| Vietnam | 1.3 | 1.3 | 1.3 | 1.3 | 0.0% |
| Thailand | 1.0 | 1.2 | 1.3 | 1.3 | 9.1% |
| Turkey | 0.2 | 0.3 | 0.5 | 0.6 | 44.2% |
| Sri Lanka | 1.3 | N/A | 0.1 | N/A | -72.3% |
| Others | 1.7 | 2.5 | 2.7 | 3.6 | 28.4% |
| Total | 19.5 | 24.6 | 27.6 | 26.8 | 11.2% |
Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from Italy in 2022:
- India (8.5K tons)
- China (3.5K tons)
- Bangladesh (1.2K tons)
- Vietnam (0.9K tons)
- Thailand (0.9K tons)
- Turkey (0.5K tons)
Imports of Coriander Seeds, Neither Crushed Nor Ground in Italy
In 2022, overseas purchases of coriander seeds, neither crushed nor ground were finally on the rise to reach 486 tons after two years of decline. In general, imports, however, showed a deep setback.
In value terms, imports of coriander seeds, neither crushed nor ground amounted to $1.1M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Coriander Seeds, Neither Crushed Nor Ground in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 326 | 31.9 | 156 | 378 | 5.1% |
| Ukraine | 20.4 | N/A | 24.8 | 177 | 105.5% |
| Bulgaria | 19.8 | 175 | 3.7 | 93.8 | 67.9% |
| Germany | 20.8 | 11.8 | 58.3 | 93.4 | 65.0% |
| Thailand | 11.6 | 34.7 | N/A | 77.8 | 88.6% |
| Netherlands | 60.1 | 8.2 | 135 | 66.9 | 3.6% |
| France | 20.4 | 22.6 | 49.9 | 61.8 | 44.7% |
| India | N/A | 32.1 | 62.1 | 52.3 | 27.6% |
| Austria | 134 | 124 | 133 | 42.8 | -31.6% |
| Morocco | 28.2 | 42.8 | 43.7 | 28.5 | 0.4% |
| Russia | 107 | 140 | 66.4 | 23.6 | -39.6% |
| Slovenia | N/A | 175 | 291 | N/A | 66.3% |
| Others | 146 | 104 | 80.8 | 50.5 | -29.8% |
| Total | 893 | 902 | 1,104 | 1,147 | 8.7% |
Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Italy in 2022:
- China (143.2 tons)
- Ukraine (125.9 tons)
- Bulgaria (59.6 tons)
- Thailand (33.8 tons)
- Netherlands (24.1 tons)
- India (17.7 tons)
- Morocco (16.6 tons)
- Russia (16.5 tons)
- Germany (14.4 tons)
- Austria (11.5 tons)
- France (9.2 tons)
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