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

Contents:

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

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

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $1,469 per ton, with an increase of 4.9% against the previous year. Over the last eight years, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($1,469 per ton) and Ukraine ($1,469 per ton), while the price for India ($1,469 per ton) and Morocco ($1,469 per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,443 per ton, jumping by 17% against the previous year. Over the period under review, export price indicated modest growth from 2014 to 2022: its price increased at an average annual rate of +1.8% over the last eight years. 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 increased by +3.4% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Uganda ($1,443 per ton) and Saudi Arabia ($1,443 per ton), while the average price for exports to the United Arab Emirates ($1,443 per ton) and Oman ($1,443 per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Egypt

In 2022, imports of coriander seeds, neither crushed nor ground into Egypt dropped notably to 3.8K tons, waning by -39.3% compared with 2021 figures. Overall, imports showed a dramatic downturn. The smallest decline of -22.3% was in 2021.

In value terms, imports of coriander seeds, neither crushed nor ground contracted rapidly to $5.6M in 2022. Over the period under review, imports faced a significant decrease. The smallest decline of -11.1% was in 2021.

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

1. Syrian Arab Republic (1369.0 tons)
2. Turkey (1067.7 tons)
3. Russia (942.3 tons)
4. Ukraine (115.3 tons)
5. Morocco (100.9 tons)
6. India (84.1 tons)
7. Tunisia (70.8 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Egypt

Exports of coriander seeds, neither crushed nor ground from Egypt shrank markedly to 177 tons in 2022, which is down by -28.9% against 2021 figures. Over the period under review, exports continue to indicate a significant contraction.

In value terms, exports of coriander seeds, neither crushed nor ground declined rapidly to $256K in 2022. Overall, exports saw a sharp shrinkage.

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

1. Saudi Arabia (52.9 tons)
2. Algeria (51.6 tons)
3. United Arab Emirates (21.1 tons)
4. Libya (16.9 tons)
5. Uganda (15.7 tons)
6. Sri Lanka (7.1 tons)
7. Oman (5.1 tons)
8. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform