Price for Coriander Seeds, Crushed or Ground in Brazil - 2023

Contents:

1. Price for Coriander Seeds, Crushed or Ground in Brazil (CIF) - 2022
2. Price for Coriander Seeds, Crushed or Ground in Brazil (FOB) - 2022
3. Imports of Coriander Seeds, Crushed or Ground in Brazil
4. Exports of Coriander Seeds, Crushed or Ground in Brazil

Price for Coriander Seeds, Crushed or Ground in Brazil (CIF) - 2022

In 2022, the average import price for coriander seeds, crushed or ground amounted to $2,457 per ton, rising by 14% against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 48%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($3,635 per ton), while the price for India amounted to $2,434 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Coriander Seeds, Crushed or Ground in Brazil (FOB) - 2022

The average export price for coriander seeds, crushed or ground stood at $4,981 per ton in 2022, rising by 7.4% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 133% against the previous year. Over the period under review, the average export prices reached the peak figure at $12,613 per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 the United States ($10,222 per ton), while the average price for exports to India ($2,286 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 Marshall Islands (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Brazil

For the fourth consecutive year, Brazil recorded growth in overseas purchases of coriander seeds, crushed or ground, which increased by 28% to 198 tons in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, coriander seeds, crushed or ground imports skyrocketed to $486K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Coriander Seeds, Crushed or Ground to Brazil in 2022:

1. India (194.7 tons)
2. Romania (3.0 tons)

Exports of Coriander Seeds, Crushed or Ground in Brazil

In 2022, exports of coriander seeds, crushed or ground from Brazil surged to 862 kg, growing by 33% against 2021. In general, exports, however, continue to indicate a deep slump.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $4.3K in 2022. Over the period under review, exports, however, recorded a abrupt downturn.

Top Export Markets for Coriander Seeds, Crushed or Ground from Brazil in 2022:

1. Marshall Islands (211.0 kg)
2. Singapore (139.0 kg)
3. Liberia (105.0 kg)
4. Panama (97.0 kg)
5. Hong Kong SAR (65.0 kg)
6. Norway (38.0 kg)
7. Bahamas (35.0 kg)
8. Malta (33.0 kg)
9. United States (28.0 kg)
10. Denmark (19.0 kg)
11. Bolivia (8.0 kg)
12. India (7.0 kg)

Source: IndexBox Market Intelligence Platform