Price for Coriander Seeds, Neither Crushed Nor Ground in Myanmar - 2022

Contents:

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

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $436 per ton, jumping by 33% against the previous year. Over the period under review, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 38%. As a result, the export price attained the peak level of $1,129 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($707 per ton), while the average price for exports to Bangladesh ($397 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+42.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for coriander seeds, neither crushed nor ground stood at $1,275 per ton in 2022, with a decrease of -37.2% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 101%. The import price peaked at $9,705 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.6% per year.

Exports of Coriander Seeds, Neither Crushed Nor Ground in Myanmar

In 2022, exports of coriander seeds, neither crushed nor ground from Myanmar surged to 344 tons, growing by 606% against 2021 figures. Over the period under review, exports, however, saw a abrupt curtailment.

In value terms, exports of coriander seeds, neither crushed nor ground surged to $150K in 2022. Overall, exports, however, showed a sharp descent.

Export of Coriander Seeds, Neither Crushed Nor Ground in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia54.912.42.689.317.6%
Pakistan1071766.829.4-35.0%
India87.148.12.323.0-35.8%
Bangladesh7.68.30.44.4-16.7%
Singapore11.05.10.33.6-31.1%
Thailand5.41.60.4N/A-72.8%
Indonesia7.76.00.4N/A-77.2%
United Arab Emirates22.920.11.5N/A-74.4%
Others2.15.81.2N/A-24.4%
Total30528315.9150-21.1%

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

  1. Malaysia (197.6 tons)
  2. Pakistan (73.5 tons)
  3. India (56.5 tons)
  4. Bangladesh (11.0 tons)
  5. Singapore (5.0 tons)

Imports of Coriander Seeds, Neither Crushed Nor Ground in Myanmar

In 2022, supplies from abroad of coriander seeds, neither crushed nor ground decreased by -18% to 42 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 213% against the previous year.

In value terms, imports of coriander seeds, neither crushed nor ground contracted markedly to $54K in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 344% against the previous year.

Import of Coriander Seeds, Neither Crushed Nor Ground in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.728.729.553.583.2%
Thailand0.415.212.9N/A467.9%
ItalyN/AN/A30.8N/A0%
Others0.8N/A30.8N/A520.5%
Total9.943.910453.575.5%

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

  1. India (42.0 tons)

Source: IndexBox Market Intelligence Platform

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