Price for Coriander Seeds, Neither Crushed Nor Ground in Panama - 2023
Contents:
- Price for Coriander Seeds, Neither Crushed Nor Ground in Panama (CIF) - 2022
- Imports of Coriander Seeds, Neither Crushed Nor Ground in Panama
Price for Coriander Seeds, Neither Crushed Nor Ground in Panama (CIF) - 2022
The average import price for coriander seeds, neither crushed nor ground stood at $10,041 per ton in 2022, surging by 24% against the previous year. Overall, the import price saw a strong increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 215%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($11,931 per ton), while the price for Spain ($3,083 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Coriander Seeds, Neither Crushed Nor Ground in Panama
In 2022, overseas purchases of coriander seeds, neither crushed nor ground decreased by -15.8% to 12 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 27%. As a result, imports attained the peak of 14 tons, and then shrank remarkably in the following year.
In value terms, imports of coriander seeds, neither crushed nor ground rose modestly to $122K in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Coriander Seeds, Neither Crushed Nor Ground in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 33.3 | 81.3 | 113 | 106 | 47.1% |
| Canada | 2.4 | 1.7 | 0.6 | 5.9 | 35.0% |
| India | 3.5 | 2.9 | 0.8 | 5.4 | 15.6% |
| China | 1.3 | N/A | N/A | 1.9 | 13.5% |
| United States | 2.9 | 10.3 | 1.5 | 1.7 | -16.3% |
| Spain | N/A | N/A | N/A | 0.9 | 0% |
| Free Zones | 1.4 | 0.3 | N/A | N/A | -78.6% |
| Israel | 48.0 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 1.7 | N/A | N/A | -52.8% |
| Total | 96.5 | 98.2 | 116 | 122 | 8.1% |
Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Panama in 2022:
- Egypt (8.9 tons)
- India (1.4 tons)
- Canada (1.0 tons)
- United States (0.3 tons)
- China (0.3 tons)
- Spain (0.3 tons)
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