Price for Coriander Seeds, Neither Crushed Nor Ground in New Zealand - 2024

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $4,365 per ton in 2022, with an increase of 28% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 106%. The import price peaked at $4,967 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($7,543 per ton), while the price for Bulgaria ($1,741 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $6,160 per ton, waning by -36.1% against the previous year. In general, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 630% against the previous year. As a result, the export price reached the peak level of $13,350 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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 New Caledonia ($13,000 per ton), while the average price for exports to Cook Islands ($4,655 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 Solomon Islands (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in New Zealand

After three years of growth, overseas purchases of coriander seeds, neither crushed nor ground decreased by -13.4% to 61 tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 84% against the previous year.

In value terms, imports of coriander seeds, neither crushed nor ground expanded markedly to $265K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. India (38.2 tons)
2. Australia (9.4 tons)
3. Bulgaria (6.5 tons)
4. China (4.9 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in New Zealand

In 2022, overseas shipments of coriander seeds, neither crushed nor ground decreased by -55.8% to 50 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 51% against the previous year. As a result, the exports attained the peak of 195 kg. 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 markedly to $308 in 2022. Overall, exports saw a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. As a result, the exports attained the peak of $1.1K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Cook Islands (29.0 kg)
2. Samoa (10.0 kg)
3. Solomon Islands (9.0 kg)
4. Niue (1.0 kg)
5. New Caledonia (1.0 kg)

Source: IndexBox Market Intelligence Platform