Price for Coriander Seeds, Neither Crushed Nor Ground in Austria - 2023

Contents:

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

Price for Coriander Seeds, Neither Crushed Nor Ground in Austria (CIF) - 2022

The average import price for coriander seeds, neither crushed nor ground stood at $1,421 per ton in 2022, with a decrease of -10.1% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for coriander seeds, neither crushed nor ground increased by +11.9% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 42%. Over the period under review, average import prices reached the peak figure at $2,073 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Romania ($14,789 per ton), while the price for the Czech Republic ($1,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+36.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $2,819 per ton, growing by 4.8% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for coriander seeds, neither crushed nor ground decreased by -16.9% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 30%. Over the period under review, the average export prices attained the peak figure at $3,392 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($5,992 per ton), while the average price for exports to Belgium ($1,581 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 Korea (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Austria

In 2022, the amount of coriander seeds, neither crushed nor ground imported into Austria skyrocketed to 1.2K tons, with an increase of 62% against 2021. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of coriander seeds, neither crushed nor ground skyrocketed to $1.7M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Bulgaria (575.3 tons)
2. Poland (370.2 tons)
3. Czech Republic (125.2 tons)
4. Germany (51.5 tons)
5. Russia (36.0 tons)
6. Ukraine (29.9 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Austria

For the fourth consecutive year, Austria recorded growth in shipments abroad of coriander seeds, neither crushed nor ground, which increased by 5.5% to 389 tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +52.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of coriander seeds, neither crushed nor ground rose significantly to $1.1M in 2022. The total export value increased at an average annual rate of +14.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 37%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Germany (249.0 tons)
2. Russia (42.7 tons)
3. Belgium (27.6 tons)
4. Switzerland (22.9 tons)
5. South Korea (13.3 tons)
6. Italy (12.6 tons)

Source: IndexBox Market Intelligence Platform