Price for Coriander Seeds, Neither Crushed Nor Ground in Hong Kong SAR - 2023

Contents:

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

Price for Coriander Seeds, Neither Crushed Nor Ground in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $2,636 per ton, increasing by 78% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +9.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,182 per ton), while the price for India amounted to $1,755 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Coriander Seeds, Neither Crushed Nor Ground in Hong Kong SAR (FOB) - 2022

The average export price for coriander seeds, neither crushed nor ground stood at $1,135 per ton in 2022, dropping by -2.6% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 122% against the previous year. As a result, the export price attained the peak level of $5,071 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($1,292 per ton), while the average price for exports to the United States amounted to $985 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-8.5%).

Imports of Coriander Seeds, Neither Crushed Nor Ground in Hong Kong SAR

After two years of decline, overseas purchases of coriander seeds, neither crushed nor ground increased by 50% to 118 tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of coriander seeds, neither crushed nor ground skyrocketed to $311K in 2022. Over the period under review, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Hong Kong SAR in 2022:

1. China (70.2 tons)
2. India (47.5 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Hong Kong SAR

For the fourth year in a row, Hong Kong SAR recorded growth in shipments abroad of coriander seeds, neither crushed nor ground, which increased by 112% to 47 tons in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 139% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of coriander seeds, neither crushed nor ground skyrocketed to $53K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from Hong Kong SAR in 2022:

1. United States (31.8 tons)
2. Israel (14.7 tons)

Source: IndexBox Market Intelligence Platform