Price for Coriander Seeds, Crushed or Ground in Colombia - 2022

Contents:

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

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $2,434 per ton, growing by 4.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $2,815 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,609 per ton), while the price for Egypt ($1,527 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $8,737 per ton, remaining stable against the previous year. Overall, the export price recorded a resilient expansion. The growth pace was the most rapid in 2019 an increase of 42%. The export price peaked at $8,940 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($11,421 per ton), while the average price for exports to Canada stood at $3,220 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+12.7%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Crushed or Ground in Colombia

Coriander seeds, crushed or ground imports into Colombia fell remarkably to 15 tons in 2022, waning by -33.9% compared with 2021 figures. In general, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 211%. As a result, imports attained the peak of 23 tons, and then declined notably in the following year.

In value terms, coriander seeds, crushed or ground imports shrank rapidly to $36K in 2022. Over the period under review, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 163%. As a result, imports attained the peak of $52K, and then fell sharply in the following year.

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

1. China (5.1 tons)
2. India (4.9 tons)
3. Egypt (3.6 tons)
4. Spain (0.8 tons)
5. United States (0.4 tons)

Exports of Coriander Seeds, Crushed or Ground in Colombia

In 2022, coriander seeds, crushed or ground exports from Colombia surged to 38 kg, growing by 52% on the previous year's figure. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, the exports attained the peak of 50 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $332 in 2022. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 96% against the previous year. As a result, the exports reached the peak of $447. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Dominican Republic (26.0 kg)
2. Canada (12.0 kg)

Source: IndexBox Market Intelligence Platform