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

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $1,000 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25%. Over the period under review, average import prices attained the maximum at $1,357 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.5% per year.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,582 per ton, picking up by 27% against the previous year. In general, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by 122% against the previous year. As a result, the export price attained the peak level of $4,444 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 Russia ($3,073 per ton), while the average price for exports to Poland amounted to $1,476 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.1%).

Imports of Coriander Seeds, Neither Crushed Nor Ground in Belarus

In 2022, the amount of coriander seeds, neither crushed nor ground imported into Belarus rose slightly to 141 tons, picking up by 3.7% compared with the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of coriander seeds, neither crushed nor ground expanded modestly to $141K in 2022. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Russia (139.2 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Belarus

In 2022, the amount of coriander seeds, neither crushed nor ground exported from Belarus declined to 15 tons, reducing by -6.9% on the year before. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,257% against the previous year. As a result, the exports reached the peak of 16 tons, and then dropped in the following year.

In value terms, exports of coriander seeds, neither crushed nor ground surged to $23K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 3,862%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Poland (7.2 tons)
2. Russia (0.3 tons)

Source: IndexBox Market Intelligence Platform