Price for Coriander Seeds, Neither Crushed Nor Ground in Australia - 2024

Contents:

1. Price for Coriander Seeds, Neither Crushed Nor Ground in Australia (CIF) - 2024
2. Price for Coriander Seeds, Neither Crushed Nor Ground in Australia (FOB) - 2022
3. Imports of Coriander Seeds, Neither Crushed Nor Ground in Australia
4. Exports of Coriander Seeds, Neither Crushed Nor Ground in Australia

Price for Coriander Seeds, Neither Crushed Nor Ground in Australia (CIF) - 2024

In January 2024, the average import price for coriander seeds, neither crushed nor ground amounted to $2,266 per ton, almost unchanged from the previous month. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 99% against the previous month. Over the period under review, average import prices attained the maximum at $5,356 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($2,557 per ton), while the price for India stood at $1,952 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (-5.9%).

Price for Coriander Seeds, Neither Crushed Nor Ground in Australia (FOB) - 2022

The average export price for coriander seeds, neither crushed nor ground stood at $1,930 per ton in 2022, dropping by -18.1% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 70%. As a result, the export price reached the peak level of $2,358 per ton, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,399 per ton), while the average price for exports to France ($1,551 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 South Africa (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Australia

In 2022, purchases abroad of coriander seeds, neither crushed nor ground decreased by -22.9% to 148 tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 194 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of coriander seeds, neither crushed nor ground rose slightly to $539K in 2022. Over the period under review, imports showed a drastic downturn.

Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Australia in 2022:

1. India (109.8 tons)
2. United States (38.0 tons)
3. Italy (0.5 tons)
4. Ukraine (0.1 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Australia

In 2022, the amount of coriander seeds, neither crushed nor ground exported from Australia skyrocketed to 81 tons, jumping by 82% compared with 2021. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 140%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of coriander seeds, neither crushed nor ground soared to $156K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 309%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from Australia in 2022:

1. France (49.4 tons)
2. United States (10.7 tons)
3. Fiji (10.0 tons)
4. Taiwan (Chinese) (9.0 tons)
5. New Zealand (1.5 tons)

Source: IndexBox Market Intelligence Platform