Price for Coriander Seeds, Crushed or Ground in the Czech Republic - 2023

Contents:

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

Price for Coriander Seeds, Crushed or Ground in the Czech Republic (CIF) - 2022

The average import price for coriander seeds, crushed or ground stood at $2,840 per ton in 2022, growing by 5.3% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coriander seeds, crushed or ground import price increased by +81.5% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($5,214 per ton), while the price for Poland ($1,561 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Coriander Seeds, Crushed or Ground in the Czech Republic (FOB) - 2022

The average export price for coriander seeds, crushed or ground stood at $3,514 per ton in 2022, with a decrease of -24.6% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 an increase of 482%. As a result, the export price attained the peak level of $24,010 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($11,311 per ton), while the average price for exports to Hungary ($2,011 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 Austria (+17.2%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Crushed or Ground in the Czech Republic

In 2022, overseas purchases of coriander seeds, crushed or ground were finally on the rise to reach 69 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a noticeable contraction.

In value terms, coriander seeds, crushed or ground imports soared to $195K in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Coriander Seeds, Crushed or Ground to the Czech Republic in 2022:

1. Germany (32.0 tons)
2. Spain (10.5 tons)
3. Poland (8.0 tons)
4. Austria (4.1 tons)
5. United Kingdom (3.6 tons)
6. Slovakia (3.3 tons)
7. France (3.1 tons)
8. Turkey (1.0 tons)

Exports of Coriander Seeds, Crushed or Ground in the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in overseas shipments of coriander seeds, crushed or ground, which increased by 9.7% to 6.7 tons in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 26%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, coriander seeds, crushed or ground exports contracted sharply to $23K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 101%.

Top Export Markets for Coriander Seeds, Crushed or Ground from the Czech Republic in 2022:

1. Germany (4335.0 kg)
2. Slovakia (947.0 kg)
3. Hungary (941.0 kg)
4. Poland (207.0 kg)
5. Norway (147.0 kg)
6. Austria (42.0 kg)

Source: IndexBox Market Intelligence Platform