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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $1,941 per ton in 2022, waning by -7.2% against the previous year. Overall, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 206% against the previous year. As a result, import price attained the peak level of $7,788 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($4,618 per ton), while the price for India stood at $1,487 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $3,598 per ton, flattening at the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 156%. Over the period under review, the average export prices attained the peak figure at $10,437 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($3,599 per ton), while the average price for exports to Australia totaled $1,372 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in China

In 2022, supplies from abroad of coriander seeds, crushed or ground decreased by -40.8% to 7.4 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports reached the peak of 14 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, coriander seeds, crushed or ground imports contracted markedly to $14K in 2022. Over the period under review, imports continue to indicate a significant decline. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of $37K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

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

1. India (6.5 tons)
2. Malaysia (0.8 tons)

Exports of Coriander Seeds, Crushed or Ground in China

For the third year in a row, China recorded decline in overseas shipments of coriander seeds, crushed or ground, which decreased by -20% to 912 kg in 2022. Overall, exports saw a precipitous descent.

In value terms, coriander seeds, crushed or ground exports declined sharply to $3.3K in 2022. Over the period under review, exports continue to indicate a sharp curtailment.

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

1. Malaysia (911.0 kg)

Source: IndexBox Market Intelligence Platform