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

Contents:

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

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

The average export price for coriander seeds, crushed or ground stood at $1,416 per ton in 2022, picking up by 58% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 107% against the previous year. Over the period under review, the average export prices hit record highs at $1,709 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($1,724 per ton), while the average price for exports to Malaysia ($809 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 Malaysia (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $8,495 per ton, with an increase of 100% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of 582% against the previous year. 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 Austria ($18,893 per ton), while the price for Germany ($3,421 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+61.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Coriander Seeds, Crushed or Ground in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in shipments abroad of coriander seeds, crushed or ground, which increased by 488% to 592 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $838K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Coriander Seeds, Crushed or Ground in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A1.037637500.0%
Greece0.61.31.1147525.7%
YemenN/AN/AN/A1290%
EgyptN/AN/AN/A50.70%
United KingdomN/AN/AN/A50.60%
Sri LankaN/AN/AN/A26.90%
MalaysiaN/A17.1N/A15.7-4.2%
JordanN/AN/A41.2N/A0%
IndonesiaN/AN/A37.1N/A0%
Poland12.5N/AN/AN/A0%
Others1.92.49.742.0180.7%
Total15.020.890.1838282.3%

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

  1. Germany (253.0 tons)
  2. Yemen (103.3 tons)
  3. Greece (85.1 tons)
  4. Egypt (41.3 tons)
  5. United Kingdom (36.9 tons)
  6. Sri Lanka (20.2 tons)
  7. Malaysia (19.4 tons)

Imports of Coriander Seeds, Crushed or Ground in Bulgaria

In 2022, the amount of coriander seeds, crushed or ground imported into Bulgaria reduced markedly to 1.2 tons, waning by -48% against 2021 figures. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 397% against the previous year. As a result, imports attained the peak of 2.4 tons, and then declined markedly in the following year.

In value terms, coriander seeds, crushed or ground imports expanded to $11K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 162%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Coriander Seeds, Crushed or Ground in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2.03.26.57.253.3%
Germany1.40.70.72.419.7%
TurkeyN/AN/A0.60.833.3%
GreeceN/AN/AN/A0.20%
SpainN/AN/A0.4N/A0%
HungaryN/AN/A1.6N/A0%
United KingdomN/AN/A0.4N/A0%
OthersN/AN/AN/AN/A0%
Total3.43.910.210.646.1%

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

  1. Germany (704.0 kg)
  2. Austria (383.0 kg)
  3. Turkey (127.0 kg)
  4. Greece (34.0 kg)

Source: IndexBox Market Intelligence Platform

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