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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $1,003 per ton in 2022, waning by -24.1% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 52% against the previous year. Over the period under review, average import prices hit record highs at $2,257 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,041 per ton), while the price for India ($924 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+13.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $5,781 per ton, waning by -13.4% against the previous year. In general, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices attained the peak figure at $19,762 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 Slovenia ($11,306 per ton), while the average price for exports to Uganda totaled $4,471 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+74.9%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Crushed or Ground in Kenya

For the fourth consecutive year, Kenya recorded growth in supplies from abroad of coriander seeds, crushed or ground, which increased by 5.2% to 103 tons in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 104%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, coriander seeds, crushed or ground imports fell notably to $103K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports attained the peak of $129K, and then fell sharply in the following year.

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

1. India (86.6 tons)
2. Romania (15.7 tons)

Exports of Coriander Seeds, Crushed or Ground in Kenya

In 2022, coriander seeds, crushed or ground exports from Kenya skyrocketed to 146 kg, picking up by 34% on the year before. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 153%. As a result, the exports attained the peak of 182 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $844 in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. As a result, the exports attained the peak of $960. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Uganda (118.0 kg)
2. Slovenia (28.0 kg)

Source: IndexBox Market Intelligence Platform