Price for Coriander Seeds, Neither Crushed Nor Ground in South Africa - 2024

Contents:

1. Price for Coriander Seeds, Neither Crushed Nor Ground in South Africa (CIF) - 2024
2. Price for Coriander Seeds, Neither Crushed Nor Ground in South Africa (FOB) - 2022
3. Imports of Coriander Seeds, Neither Crushed Nor Ground in South Africa
4. Exports of Coriander Seeds, Neither Crushed Nor Ground in South Africa

Price for Coriander Seeds, Neither Crushed Nor Ground in South Africa (CIF) - 2024

In January 2024, the average import price for coriander seeds, neither crushed nor ground amounted to $1,073 per ton, rising by 8.9% against the previous month. In general, the import price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in March 2023 when the average import price increased by 148% month-to-month. As a result, import price attained the peak level of $2,237 per ton. From April 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was India ($7,731 per ton), while the price for Bulgaria ($702 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, neither crushed nor ground stood at $2,231 per ton in 2022, increasing by 5.3% against the previous year. In general, the export price, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 129% against the previous year. As a result, the export price reached the peak level of $5,122 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($3,434 per ton), while the average price for exports to Australia ($1,640 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 Namibia (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coriander Seeds, Neither Crushed Nor Ground in South Africa

In 2022, supplies from abroad of coriander seeds, neither crushed nor ground decreased by -2.4% to 2.4K tons, falling for the second year in a row after two years of growth. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 5.1% against the previous year. As a result, imports reached the peak of 3.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of coriander seeds, neither crushed nor ground dropped to $2.6M in 2022. Over the period under review, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Argentina (678.4 tons)
2. Morocco (468.5 tons)
3. Bulgaria (371.7 tons)
4. Russia (348.3 tons)
5. India (269.0 tons)
6. Romania (123.1 tons)
7. Ukraine (59.4 tons)
8. Italy (28.0 tons)
9. Turkey (22.0 tons)
10. Syrian Arab Republic (0.6 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in South Africa

After three years of growth, shipments abroad of coriander seeds, neither crushed nor ground decreased by -6.8% to 30 tons in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 113%.

In value terms, exports of coriander seeds, neither crushed nor ground shrank to $67K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 387% against the previous year. As a result, the exports attained the peak of $111K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Zimbabwe (24.0 tons)
2. Namibia (1.8 tons)
3. Zambia (1.4 tons)
4. Botswana (1.2 tons)
5. Australia (0.8 tons)

Source: IndexBox Market Intelligence Platform