Price for Coriander Seeds, Crushed or Ground in Bahrain - 2022

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $1,692 per ton in 2022, surging by 17% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($1,743 per ton) and the United Arab Emirates ($1,504 per ton), while the price for Iran ($1,305 per ton) and Bangladesh ($1,331 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, crushed or ground stood at $2,184 per ton in 2022, reducing by -51.9% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 81%. As a result, the export price reached the peak level of $4,846 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,769 per ton), while the average price for exports to Oman ($1,538 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+2.7%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Crushed or Ground in Bahrain

Coriander seeds, crushed or ground imports into Bahrain dropped to 192 tons in 2022, declining by -5.5% compared with 2021. Overall, imports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year.

In value terms, coriander seeds, crushed or ground imports rose rapidly to $325K in 2022. Over the period under review, imports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. India (116.5 tons)
2. United Arab Emirates (42.4 tons)
3. Bangladesh (25.7 tons)
4. Iran (0.2 tons)

Exports of Coriander Seeds, Crushed or Ground in Bahrain

For the fourth consecutive year, Bahrain recorded growth in shipments abroad of coriander seeds, crushed or ground, which increased by 209% to 41 tons 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.

In value terms, coriander seeds, crushed or ground exports soared to $90K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 120% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Oman (24.2 tons)
2. Saudi Arabia (8.9 tons)
3. United Arab Emirates (7.2 tons)
4. United Kingdom (0.7 tons)

Source: IndexBox Market Intelligence Platform