Price for Coriander Seeds, Crushed or Ground in Malaysia - 2021

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

The average import price for coriander seeds, crushed or ground stood at $1,524 per ton in 2022, dropping by -6.8% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2021 an increase of 15% against the previous year. The import price peaked at $1,809 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +17.9% per year.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $1,944 per ton, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 28%. The export price peaked at $1,970 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +3.6% per year.

Imports of Coriander Seeds, Crushed or Ground in Malaysia

Coriander seeds, crushed or ground imports into Malaysia expanded significantly to 1.8K tons in 2022, increasing by 6.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 13%. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coriander seeds, crushed or ground imports fell to $2.7M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 3.3%.

Import of Coriander Seeds, Crushed or Ground in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Myanmar	18.8	N/A	0.3	2,717	424.8%
Bulgaria	84.5	183	106	N/A	12.0%
Russia	N/A	89.8	36.3	N/A	-59.6%
India	1,894	1,518	1,611	N/A	-7.8%
Bangladesh	519	809	951	N/A	35.4%
Others	97.2	98.4	30.7	N/A	-43.8%
Total	2,614	2,699	2,736	2,717	1.3%

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

Myanmar (1.8K tons)

Exports of Coriander Seeds, Crushed or Ground in Malaysia

In 2022, exports of coriander seeds, crushed or ground from Malaysia expanded modestly to 146 tons, growing by 2.3% on the year before. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.7% against the previous year. As a result, the exports reached the peak of 147 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coriander seeds, crushed or ground exports stood at $283K in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. As a result, the exports reached the peak of $289K. From 2021 to 2022, the growth of the exports remained at a lower figure.