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

Contents:

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

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

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $2,670 per ton, leveling off at the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +19.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 113% against the previous year. As a result, import price attained the peak level of $3,463 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,928 per ton), while the price for Argentina ($898 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,562 per ton, shrinking by -9.6% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 1,122% against the previous year. As a result, the export price reached the peak level of $22,587 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($2,069 per ton), while the average price for exports to the Netherlands stood at $1,545 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+59.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Chile

In 2022, the amount of coriander seeds, neither crushed nor ground imported into Chile surged to 262 tons, with an increase of 32% against the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.9% 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 +76.7% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 43% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of coriander seeds, neither crushed nor ground skyrocketed to $700K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.9% against 2019 indices. 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 Chile in 2022:

1. Argentina (173.2 tons)
2. United States (36.4 tons)
3. India (33.6 tons)
4. Italy (19.0 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Chile

In 2022, approx. 1.7 tons of coriander seeds, neither crushed nor ground were exported from Chile; rising by 19% on 2021 figures. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,305%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of coriander seeds, neither crushed nor ground expanded significantly to $2.7K in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 7.5%. 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 Chile in 2022:

1. Netherlands (1679.0 kg)
2. Luxembourg (58.0 kg)

Source: IndexBox Market Intelligence Platform