Price for Coriander Seeds, Neither Crushed Nor Ground in Bangladesh - 2022

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $1,456 per ton in 2022, reducing by -4.6% against the previous year. Over the period under review, the import price showed a slight curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 51% against the previous year. Over the period under review, average import prices hit record highs at $1,934 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,806 per ton), while the price for Italy ($1,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,092 per ton, waning by -28% against the previous year. Over the period under review, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 115%. Over the period under review, the average export prices reached the peak figure at $1,530 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 Singapore ($4,286 per ton), while the average price for exports to India ($573 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 Singapore (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Bangladesh

In 2022, overseas purchases of coriander seeds, neither crushed nor ground decreased by -37.8% to 2.6K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports attained the peak of 5K 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 reduced remarkably to $3.7M in 2022. Overall, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 124%. As a result, imports attained the peak of $7.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Italy (1227.7 tons)
2. India (33.0 tons)
3. Bulgaria (22.0 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Bangladesh

Exports of coriander seeds, neither crushed nor ground from Bangladesh surged to 209 tons in 2022, rising by 41% compared with 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 648% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of coriander seeds, neither crushed nor ground amounted to $228K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 708% against the previous year. 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 Bangladesh in 2022:

1. Kuwait (68.5 tons)
2. Malaysia (43.5 tons)
3. India (37.5 tons)
4. Bahrain (5.0 tons)
5. United States (4.8 tons)
6. Singapore (1.4 tons)
7. United Arab Emirates (0.4 tons)

Source: IndexBox Market Intelligence Platform