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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $4,106 per ton in 2022, which is down by -19.2% against the previous year. Overall, the import price continues to indicate a mild descent. The pace of growth appeared the most rapid in 2021 an increase of 31%. As a result, import price reached the peak level of $5,084 per ton, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($17,330 per ton), while the price for the UK ($2,466 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $9,612 per ton, growing by 11% against the previous year. Overall, the export price, however, showed a perceptible setback. The growth pace was the most rapid in 2019 when the average export price increased by 65%. The export price peaked at $12,301 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($12,863 per ton), while the average price for exports to Sweden ($8,110 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 Russia (+325.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Denmark

In 2022, coriander seeds, crushed or ground imports into Denmark soared to 124 tons, rising by 54% against the previous year's figure. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, coriander seeds, crushed or ground imports surged to $508K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.7% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Germany (67.7 tons)
2. Turkey (38.2 tons)
3. United Kingdom (5.1 tons)
4. Netherlands (3.6 tons)
5. Sweden (3.1 tons)
6. Spain (2.4 tons)

Exports of Coriander Seeds, Crushed or Ground in Denmark

In 2022, approx. 3.8 tons of coriander seeds, crushed or ground were exported from Denmark; rising by 41% against the year before. Over the period under review, exports posted a noticeable expansion. The growth pace was the most rapid in 2021 when exports increased by 52%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $37K in 2022. Overall, exports recorded a perceptible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Norway (1421.0 kg)
2. France (1173.0 kg)
3. Sweden (670.0 kg)
4. Finland (304.0 kg)
5. Faroe Islands (124.0 kg)
6. Netherlands (107.0 kg)

Source: IndexBox Market Intelligence Platform