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

Contents:

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

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

The average export price for coriander seeds, crushed or ground stood at $1,075 per ton in 2022, increasing by 13% against the previous year. Overall, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 117% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

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 the United States ($1,715 per ton), while the average price for exports to Lithuania ($643 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for coriander seeds, crushed or ground stood at $2,664 per ton in 2022, growing by 165% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The import price peaked at $3,483 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($4,639 per ton), while the price for Russia ($681 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Coriander Seeds, Crushed or Ground in Ukraine

In 2022, after three years of growth, there was significant decline in shipments abroad of coriander seeds, crushed or ground, when their volume decreased by -47.5% to 218 tons. Over the period under review, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. As a result, the exports attained the peak of 415 tons, and then contracted remarkably in the following year.

In value terms, coriander seeds, crushed or ground exports declined remarkably to $234K in 2022. Overall, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. As a result, the exports attained the peak of $395K, and then dropped significantly in the following year.

Export of Coriander Seeds, Crushed or Ground in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A3.453.062.3328.1%
Germany31.359.711461.925.5%
India57.536.432.061.62.3%
United States0.21.359.533.7452.3%
PolandN/AN/AN/A6.10%
Lithuania0.9N/AN/A3.252.6%
AustraliaN/A47.5N/AN/A0%
FranceN/A20.219.5N/A-3.5%
United Arab Emirates21.435.047.0N/A48.2%
Egypt11.8N/A17.1N/A20.4%
South AfricaN/A14.0N/AN/A0%
Libya2.5N/AN/AN/A0%
Netherlands18.0N/A24.9N/A17.6%
Others22.114.027.34.9-39.5%
Total16623239523412.1%

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

  1. United Arab Emirates (undefined tons)
  2. United Kingdom (75.2 tons)
  3. India (63.0 tons)
  4. Germany (46.4 tons)
  5. United States (19.6 tons)
  6. Poland (6.0 tons)
  7. Lithuania (5.0 tons)

Imports of Coriander Seeds, Crushed or Ground in Ukraine

In 2022, approx. 5.1 tons of coriander seeds, crushed or ground were imported into Ukraine; which is down by -95.1% against the previous year's figure. In general, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 327% against the previous year. As a result, imports reached the peak of 105 tons, and then shrank remarkably in the following year.

In value terms, coriander seeds, crushed or ground imports reduced remarkably to $14K in 2022. Over the period under review, imports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 266% against the previous year. As a result, imports reached the peak of $106K, and then shrank dramatically in the following year.

Import of Coriander Seeds, Crushed or Ground in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain15.716.925.66.4-25.9%
RomaniaN/A0.30.23.0216.2%
Bulgaria9.30.73.22.0-40.1%
Poland3.14.62.51.1-29.2%
Russia5.55.740.50.9-45.3%
NetherlandsN/AN/A32.0N/A0%
Others1.10.61.50.3-35.2%
Total34.728.810613.7-26.6%

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

  1. Spain (2175.0 kg)
  2. Russia (1372.0 kg)
  3. Romania (750.0 kg)
  4. Bulgaria (550.0 kg)
  5. Poland (230.0 kg)

Source: IndexBox Market Intelligence Platform

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