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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $2,733 per ton in 2022, surging by 33% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coriander seeds, crushed or ground import price increased by +49.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $2,853 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($7,157 per ton), while the price for Poland ($1,474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $2,895 per ton, picking up by 33% against the previous year. Overall, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 250% against the previous year. As a result, the export price reached the peak level of $9,619 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($3,075 per ton), while the average price for exports to the Czech Republic totaled $2,905 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Slovakia

In 2022, the amount of coriander seeds, crushed or ground imported into Slovakia fell notably to 21 tons, which is down by -18.5% compared with 2021. Over the period under review, imports, however, posted a perceptible expansion. The growth pace was the most rapid in 2021 when imports increased by 151%. As a result, imports attained the peak of 26 tons, and then reduced sharply in the following year.

In value terms, coriander seeds, crushed or ground imports totaled $57K in 2022. In general, imports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 160% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Spain (9.3 tons)
2. Poland (5.4 tons)
3. Czech Republic (2.3 tons)
4. Netherlands (1.5 tons)
5. Austria (1.0 tons)
6. Hungary (0.8 tons)
7. Germany (0.3 tons)
8. Denmark (0.2 tons)

Exports of Coriander Seeds, Crushed or Ground in Slovakia

In 2022, the amount of coriander seeds, crushed or ground exported from Slovakia soared to 3.4 tons, rising by 23% compared with 2021 figures. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, coriander seeds, crushed or ground exports surged to $9.9K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Czech Republic (3.3 tons)
2. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform