Price for Coriander Seeds, Crushed or Ground in Iran - 2021

Contents:

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

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $625 per ton, waning by -2.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 237% against the previous year. As a result, the export price reached the peak level of $3,377 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($1,374 per ton), while the average price for exports to Uzbekistan ($218 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 Turkey (+92.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $837 per ton, waning by -48.8% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of 20%. Over the period under review, average import prices reached the maximum at $2,212 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +1.1% per year.

Exports of Coriander Seeds, Crushed or Ground in Iran

For the fourth year in a row, Iran recorded growth in overseas shipments of coriander seeds, crushed or ground, which increased by 81% to 676 tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 426%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, coriander seeds, crushed or ground exports soared to $423K in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 324% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United Arab Emirates (475.5 tons)
2. Turkey (151.7 tons)
3. Uzbekistan (27.1 tons)
4. Qatar (20.0 tons)

Imports of Coriander Seeds, Crushed or Ground in Iran

In 2022, imports of coriander seeds, crushed or ground into Iran soared to 72 tons, picking up by 167% on 2021 figures. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coriander seeds, crushed or ground imports skyrocketed to $60K in 2022. Over the period under review, imports recorded a relatively flat trend pattern.

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

1. United Arab Emirates (72.0 tons)

Source: IndexBox Market Intelligence Platform