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

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $6,976 per ton in 2022, jumping by 28% against the previous year. Over the period under review, the import price recorded a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 65% against the previous year. As a result, import price reached the peak level of $10,721 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($12,432 per ton), while the price for India ($2,763 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, neither crushed nor ground stood at $4,406 per ton in 2022, surging by 6.7% against the previous year. Overall, the export price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 99%. The export price peaked at $24,525 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($4,559 per ton), while the average price for exports to Sweden amounted to $4,057 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Denmark

In 2022, the amount of coriander seeds, neither crushed nor ground imported into Denmark skyrocketed to 42 tons, picking up by 88% against 2021. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 166% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of coriander seeds, neither crushed nor ground skyrocketed to $296K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 212%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Coriander Seeds, Neither Crushed Nor Ground in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/A41.4115177.8%
Netherlands24.89.339.356.731.7%
Germany13.93.76.536.137.5%
Sweden14.212.012.330.328.7%
ItalyN/A0.4N/A27.0721.6%
United Kingdom1.3N/A2.013.2116.5%
India2.00.211.910.372.7%
Spain5.92.54.03.2-18.4%
Czech Republic8.14.51.9N/A-51.6%
Turkey1.82.91.3N/A-15.0%
Others0.74.02.44.180.3%
Total72.739.512329659.7%

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

  1. Netherlands (15.4 tons)
  2. Portugal (9.3 tons)
  3. Germany (5.2 tons)
  4. India (3.7 tons)
  5. Italy (3.3 tons)
  6. Sweden (2.7 tons)
  7. United Kingdom (2.0 tons)
  8. Spain (0.4 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Denmark

In 2022, shipments abroad of coriander seeds, neither crushed nor ground decreased by -46% to 4.8 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,907%. As a result, the exports attained the peak of 43 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of coriander seeds, neither crushed nor ground shrank dramatically to $21K in 2022. In general, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 862% against the previous year. As a result, the exports attained the peak of $139K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Coriander Seeds, Neither Crushed Nor Ground in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6.336.216.814.331.4%
Norway2.995.816.25.523.8%
Others5.26.83.41.2-38.7%
Total14.413936.521.013.4%

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

  1. Sweden (3.5 tons)
  2. Norway (1.2 tons)

Source: IndexBox Market Intelligence Platform

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