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

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $2,367 per ton in September 2022, dropping by -2.2% against the previous month. In general, the import price, however, continues to indicate pronounced growth. The growth pace was the most rapid in February 2022 an increase of 49% month-to-month. As a result, import price attained the peak level of $2,755 per ton. From March 2022 to September 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was Malaysia ($2,767 per ton), while the price for India totaled $2,366 per ton.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,889 per ton, rising by 20% against the previous year. Overall, the export price enjoyed notable growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($2,231 per ton), while the average price for exports to the Philippines ($1,357 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 Indonesia (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Singapore

In 2022, after two years of decline, there was significant growth in purchases abroad of coriander seeds, neither crushed nor ground, when their volume increased by 28% to 752 tons. Over the period under review, imports, however, recorded a drastic downturn.

In value terms, imports of coriander seeds, neither crushed nor ground surged to $1.2M in 2022. Overall, imports showed a relatively flat trend pattern. 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 Singapore in 2022:

1. India (514.3 tons)
2. Bulgaria (171.4 tons)
3. Indonesia (22.2 tons)
4. Morocco (20.0 tons)
5. Myanmar (11.5 tons)
6. Malaysia (10.3 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Singapore

In 2022, shipments abroad of coriander seeds, neither crushed nor ground was finally on the rise to reach 262 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt slump.

In value terms, exports of coriander seeds, neither crushed nor ground soared to $495K in 2022. Over the period under review, exports, however, continue to indicate a slight curtailment.

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

1. Fiji (137.5 tons)
2. Brunei Darussalam (58.5 tons)
3. Philippines (25.0 tons)
4. Malaysia (23.1 tons)
5. France (13.8 tons)
6. Mauritius (3.1 tons)
7. Indonesia (0.3 tons)

Source: IndexBox Market Intelligence Platform