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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $3,583 per ton in 2022, growing by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2014 an increase of 20%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 ($11,431 per ton), while the price for Poland ($2,441 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, crushed or ground stood at $8,317 per ton in 2022, rising by 1.9% against the previous year. In general, the export price posted a mild increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($19,980 per ton), while the average price for exports to the Netherlands totaled $3,556 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+105.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Coriander Seeds, Crushed or Ground in Finland

In 2022, the amount of coriander seeds, crushed or ground imported into Finland expanded notably to 54 tons, rising by 14% against 2021 figures. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, imports attained the peak of 58 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coriander seeds, crushed or ground imports skyrocketed to $192K in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Coriander Seeds, Crushed or Ground in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.870.6108148334.8%
Sweden11.18.820.220.422.5%
PolandN/A20.0N/A9.5-31.1%
EstoniaN/A0.10.13.8516.4%
Turkey27.0N/A0.90.5-73.5%
Bulgaria56.9N/AN/AN/A0%
Russia9.6N/AN/AN/A0%
Syrian Arab Republic30.6N/AN/AN/A0%
Others21.981.931.39.5-24.3%
Total1591811611926.5%

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

  1. Netherlands (45.1 tons)
  2. Poland (3.9 tons)
  3. Sweden (1.8 tons)
  4. Estonia (1.2 tons)
  5. Turkey (0.1 tons)

Exports of Coriander Seeds, Crushed or Ground in Finland

Coriander seeds, crushed or ground exports from Finland dropped notably to 476 kg in 2022, waning by -35.2% compared with 2021. In general, exports faced a sharp downturn.

In value terms, coriander seeds, crushed or ground exports shrank dramatically to $4K in 2022. Overall, exports showed a sharp downturn.

Export of Coriander Seeds, Crushed or Ground in Finland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Estonia5.62.5-55.4%
Netherlands0.11.21100.0%
Canada0.3N/A0%
OthersN/A0.20%
Total6.04.0-33.3%

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

  1. Netherlands (345.0 kg)
  2. Estonia (127.0 kg)

Source: IndexBox Market Intelligence Platform

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