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

Contents:

1. Price for Coriander Seeds, Crushed or Ground in France (CIF) - 2023
2. Price for Coriander Seeds, Crushed or Ground in France (FOB) - 2022
3. Imports of Coriander Seeds, Crushed or Ground in France
4. Exports of Coriander Seeds, Crushed or Ground in France

Price for Coriander Seeds, Crushed or Ground in France (CIF) - 2023

In June 2023, the average import price for coriander seeds, crushed or ground amounted to $3,689 per ton, increasing by 17% against the previous month. In general, import price indicated a measured expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, coriander seeds, crushed or ground import price increased by +29.1% against March 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 53% month-to-month. As a result, import price reached the peak level of $3,827 per ton. From January 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($3,877 per ton), while the price for India ($2,441 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, crushed or ground stood at $3,203 per ton in 2022, dropping by -39.6% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,303 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($7,976 per ton), while the average price for exports to Germany ($1,683 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 Austria (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in France

For the fourth year in a row, France recorded growth in purchases abroad of coriander seeds, crushed or ground, which increased by 2.8% to 574 tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, coriander seeds, crushed or ground imports rose sharply to $1.5M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Poland (211.3 tons)
2. Netherlands (110.0 tons)
3. Germany (89.4 tons)
4. Belgium (44.5 tons)
5. Spain (40.6 tons)
6. India (24.3 tons)
7. Ukraine (21.4 tons)

Exports of Coriander Seeds, Crushed or Ground in France

Coriander seeds, crushed or ground exports from France expanded remarkably to 244 tons in 2022, with an increase of 9.8% against the previous year. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. As a result, the exports reached the peak of 263 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, coriander seeds, crushed or ground exports contracted remarkably to $781K in 2022. Over the period under review, exports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2020 when exports increased by 38%.

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

1. United Kingdom (158.4 tons)
2. Italy (20.7 tons)
3. Germany (19.1 tons)
4. Belgium (13.5 tons)
5. Portugal (7.2 tons)
6. Spain (6.8 tons)
7. Poland (4.3 tons)

Source: IndexBox Market Intelligence Platform