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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $1,421 per ton in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2014 when the average import price increased by 23%. Over the period under review, average import prices reached the maximum at $1,459 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.1% per year.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $5,622 per ton, rising by 111% against the previous year. Overall, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($25,375 per ton), while the average price for exports to China stood at $4,996 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+190.8%).

Imports of Coriander Seeds, Crushed or Ground in Nepal

Coriander seeds, crushed or ground imports into Nepal declined rapidly to 153 tons in 2022, dropping by -28.8% against the year before. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 61%.

In value terms, coriander seeds, crushed or ground imports declined rapidly to $218K in 2022. In general, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 61% against the previous year.

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

1. India (153.1 tons)

Exports of Coriander Seeds, Crushed or Ground in Nepal

For the fourth consecutive year, Nepal recorded growth in shipments abroad of coriander seeds, crushed or ground, which increased by 2,017% to 254 kg in 2022. Overall, exports recorded a significant expansion. 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 skyrocketed to $1.4K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (244.0 kg)
2. Australia (8.0 kg)

Source: IndexBox Market Intelligence Platform