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

Contents:

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

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $2,793 per ton, growing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2013 when the average import price increased by 38%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,573 per ton), while the price for Sweden ($2,503 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, crushed or ground stood at $15,360 per ton in 2022, dropping by -10.2% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices hit record highs at $17,113 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($19,210 per ton), while the average price for exports to Belgium ($1,000 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 Finland (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Crushed or Ground in Estonia

In 2022, purchases abroad of coriander seeds, crushed or ground decreased by -7.8% to 75 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 8.9%. As a result, imports attained the peak of 82 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, coriander seeds, crushed or ground imports totaled $208K in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; 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 with an increase of 9%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (38.9 tons)
2. Sweden (18.5 tons)
3. India (15.0 tons)

Exports of Coriander Seeds, Crushed or Ground in Estonia

After two years of decline, overseas shipments of coriander seeds, crushed or ground increased by 26% to 2.2 tons in 2022. Over the period under review, exports, however, faced a abrupt contraction.

In value terms, coriander seeds, crushed or ground exports expanded notably to $35K in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. Lithuania (1054.0 kg)
2. Latvia (724.0 kg)
3. Finland (369.0 kg)
4. Poland (79.0 kg)
5. Sweden (20.0 kg)

Source: IndexBox Market Intelligence Platform