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

Contents:

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

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $2,560 per ton, reducing by -11.2% against the previous year. Over the period under review, the import price recorded a mild reduction. The pace of growth was the most pronounced in 2021 an increase of 50% against the previous year. Over the period under review, average import prices reached the maximum at $2,903 per ton in 2012; however, from 2013 to 2022, 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 Germany ($11,384 per ton), while the price for the United States ($323 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $7,213 per ton, surging by 8.8% against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 117%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +73.2% per year.

Imports of Coriander Seeds, Crushed or Ground in Ghana

In 2022, purchases abroad of coriander seeds, crushed or ground decreased by -74.4% to 5.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 168% against the previous year.

In value terms, coriander seeds, crushed or ground imports dropped rapidly to $13K in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 242% against the previous year. As a result, imports attained the peak of $59K, and then reduced dramatically in the following year.

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

1. United Arab Emirates (2286.0 kg)
2. United States (1082.0 kg)
3. United Kingdom (784.0 kg)
4. Lebanon (469.0 kg)
5. Germany (203.0 kg)
6. Netherlands (167.0 kg)

Exports of Coriander Seeds, Crushed or Ground in Ghana

After two years of decline, shipments abroad of coriander seeds, crushed or ground increased by 0.4% to 475 kg in 2022. Overall, exports, however, continue to indicate a sharp setback.

In value terms, coriander seeds, crushed or ground exports amounted to $3.4K in 2022. In general, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 9.3% against the previous year.

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

1. United States (474.0 kg)

Source: IndexBox Market Intelligence Platform