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

Contents:

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

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $2,334 per ton, rising by 7.6% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.9% 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 +14.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 98% against the previous year. The import price peaked at $2,587 per ton in 2015; however, from 2016 to 2022, 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 Russia ($7,633 per ton), while the price for Poland ($1,506 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, crushed or ground stood at $5,410 per ton in 2022, increasing by 14% against the previous year. Overall, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($9,398 per ton), while the average price for exports to Romania ($2,920 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 France (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Austria

In 2022, approx. 276 tons of coriander seeds, crushed or ground were imported into Austria; growing by 6.9% compared with the year before. The total import volume increased at an average annual rate of +15.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 39%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, coriander seeds, crushed or ground imports stood at $645K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Ukraine (undefined tons)
2. Russia (undefined tons)
3. Poland (150.7 tons)
4. Germany (121.2 tons)

Exports of Coriander Seeds, Crushed or Ground in Austria

For the third year in a row, Austria recorded decline in shipments abroad of coriander seeds, crushed or ground, which decreased by -15.4% to 56 tons in 2022. In general, exports saw a abrupt contraction. The smallest decline of -13.5% was in 2020.

In value terms, coriander seeds, crushed or ground exports dropped modestly to $302K in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 13%.

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

1. Germany (16.1 tons)
2. Russia (13.0 tons)
3. Romania (9.7 tons)
4. Czech Republic (3.5 tons)
5. Poland (3.5 tons)
6. France (2.1 tons)
7. Switzerland (1.3 tons)
8. Slovenia (1.2 tons)
9. South Africa (0.7 tons)

Source: IndexBox Market Intelligence Platform