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

Contents:

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

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $814 per ton, picking up by 14% against the previous year. In general, the import price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 68% against the previous year. The import price peaked at $2,562 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 India ($1,228 per ton), while the price for Russia ($664 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $3,190 per ton, growing by 4.8% against the previous year. In general, the export price saw prominent growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 154% against the previous year. As a result, the export price attained the peak level of $3,408 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Hong Kong SAR ($3,574 per ton), while the average price for exports to Timor-Leste ($548 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 Belgium (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Indonesia

After three years of growth, supplies from abroad of coriander seeds, crushed or ground decreased by -82.2% to 186 tons in 2022. Overall, imports saw a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 40%. As a result, imports reached the peak of 1K tons, and then declined sharply in the following year.

In value terms, coriander seeds, crushed or ground imports plummeted to $152K in 2022. In general, imports faced a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of $772K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Coriander Seeds, Crushed or Ground in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia31.280.965494.244.5%
India4763598.536.8-57.4%
Bulgaria70.761.857.88.5-50.6%
Syrian Arab RepublicN/A51.9N/AN/A0%
Others35.521927.112.1-30.1%
Total614772748152-37.2%

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

  1. Russia (141.8 tons)
  2. India (30.0 tons)
  3. Bulgaria (12.4 tons)

Exports of Coriander Seeds, Crushed or Ground in Indonesia

In 2022, coriander seeds, crushed or ground exports from Indonesia surged to 38 tons, with an increase of 187% on the year before. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coriander seeds, crushed or ground exports surged to $122K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Coriander Seeds, Crushed or Ground in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)14.622.321.966.565.8%
Hong Kong SAR6.37.615.647.496.0%
Singapore0.80.50.41.728.6%
Timor-Leste0.21.00.11.491.3%
Others4.13.62.44.85.4%
Total26.135.040.412267.2%

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

  1. Taiwan (Chinese) (20.2 tons)
  2. Hong Kong SAR (13.3 tons)
  3. Timor-Leste (2.5 tons)
  4. Singapore (1.3 tons)

Source: IndexBox Market Intelligence Platform

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