Price for Coriander Seeds, Neither Crushed Nor Ground in India - 2023
Contents:
- Price for Coriander Seeds, Neither Crushed Nor Ground in India (FOB) - 2023
- Price for Coriander Seeds, Neither Crushed Nor Ground in India (CIF) - 2023
- Exports of Coriander Seeds, Neither Crushed Nor Ground in India
- Imports of Coriander Seeds, Neither Crushed Nor Ground in India
Price for Coriander Seeds, Neither Crushed Nor Ground in India (FOB) - 2023
In November 2023, the average export price for coriander seeds, neither crushed nor ground amounted to $1,047 per ton, reducing by -4.3% against the previous month. Over the period under review, the export price continues to indicate a perceptible curtailment. The growth pace was the most rapid in August 2023 an increase of 8.7% month-to-month. The export price peaked at $1,618 per ton in November 2022; however, from December 2022 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,869 per ton), while the average price for exports to China ($801 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (-0.6%), while the prices for the other major destinations experienced a decline.
Price for Coriander Seeds, Neither Crushed Nor Ground in India (CIF) - 2023
In November 2023, the average import price for coriander seeds, neither crushed nor ground amounted to $625 per ton, remaining constant against the previous month. Overall, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 451% against the previous month. As a result, import price attained the peak level of $4,055 per ton. From June 2023 to November 2023, the average 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 November 2022 to November 2023, the rate of growth in terms of prices for Russia amounted to -1.5% per month.
Exports of Coriander Seeds, Neither Crushed Nor Ground in India
In 2022, overseas shipments of coriander seeds, neither crushed nor ground decreased by -19.6% to 33K tons, falling for the second year in a row after two years of growth. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 42K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of coriander seeds, neither crushed nor ground rose rapidly to $52M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Coriander Seeds, Neither Crushed Nor Ground in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 14.6 | 13.4 | 14.5 | 19.9 | 10.9% |
| United Arab Emirates | 2.4 | 3.2 | 3.4 | 5.3 | 30.2% |
| China | 0.3 | 1.7 | 2.8 | 4.3 | 142.9% |
| Saudi Arabia | 3.5 | 2.5 | 2.7 | 4.1 | 5.4% |
| Nepal | 3.6 | 5.7 | 6.6 | 4.1 | 4.4% |
| United States | 1.6 | 2.5 | 2.9 | 2.9 | 21.9% |
| United Kingdom | 1.9 | 2.5 | 2.4 | 1.8 | -1.8% |
| Singapore | 1.0 | 0.9 | 0.7 | 1.0 | 0.0% |
| Oman | 0.9 | 1.0 | 0.8 | 0.7 | -8.0% |
| Sri Lanka | 0.7 | 1.0 | 1.0 | 0.5 | -10.6% |
| Pakistan | 1.7 | N/A | N/A | N/A | 0% |
| Others | 8.2 | 10.6 | 9.2 | 7.4 | -3.4% |
| Total | 40.5 | 45.0 | 47.1 | 52.0 | 8.7% |
Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from India in 2022:
- Malaysia (11.6K tons)
- United Arab Emirates (3.7K tons)
- Nepal (3.5K tons)
- China (3.5K tons)
- Saudi Arabia (2.6K tons)
- United States (1.3K tons)
- United Kingdom (0.9K tons)
- Singapore (0.6K tons)
- Oman (0.5K tons)
- Sri Lanka (0.5K tons)
Imports of Coriander Seeds, Neither Crushed Nor Ground in India
Imports of coriander seeds, neither crushed nor ground into India soared to 33K tons in 2022, increasing by 200% on 2021 figures. Overall, imports saw a significant increase. 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 soared to $29M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Coriander Seeds, Neither Crushed Nor Ground in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.7 | 3.9 | 3.4 | 22.1 | 81.4% |
| Italy | 1.1 | 6.0 | 5.8 | 3.1 | 41.3% |
| Bulgaria | 0.2 | 0.5 | 2.0 | 2.0 | 115.4% |
| United Arab Emirates | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Ukraine | 0.5 | 0.1 | 0.4 | 0.2 | -26.3% |
| Others | 0.6 | 1.7 | 1.2 | 1.1 | 22.4% |
| Total | 6.1 | 12.4 | 12.9 | 29.0 | 68.1% |
Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to India in 2022:
- Russia (27.1K tons)
- Italy (2.0K tons)
- Bulgaria (1.6K tons)
- United Arab Emirates (0.7K tons)
- Ukraine (0.2K tons)
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