Price for Coriander Seeds, Crushed or Ground in Latvia - 2023
Contents:
- Price for Coriander Seeds, Crushed or Ground in Latvia (CIF) - 2022
- Price for Coriander Seeds, Crushed or Ground in Latvia (FOB) - 2022
- Imports of Coriander Seeds, Crushed or Ground in Latvia
- Exports of Coriander Seeds, Crushed or Ground in Latvia
Price for Coriander Seeds, Crushed or Ground in Latvia (CIF) - 2022
In 2022, the average import price for coriander seeds, crushed or ground amounted to $1,732 per ton, with a decrease of -9.6% against the previous year. In general, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2013 an increase of 80%. The import price peaked at $4,089 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($17,393 per ton), while the price for Russia ($701 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Coriander Seeds, Crushed or Ground in Latvia (FOB) - 2022
The average export price for coriander seeds, crushed or ground stood at $2,162 per ton in 2022, reducing by -37.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 78% against the previous year. Over the period under review, the average export prices hit record highs at $10,327 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($14,284 per ton), while the average price for exports to Hungary ($1,663 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 Estonia (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Coriander Seeds, Crushed or Ground in Latvia
In 2022, approx. 25 tons of coriander seeds, crushed or ground were imported into Latvia; picking up by 33% compared with 2021. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 553%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, coriander seeds, crushed or ground imports skyrocketed to $44K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 119% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Coriander Seeds, Crushed or Ground in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.0 | 2.8 | 19.1 | 23.4 | 127.0% |
| Estonia | 8.4 | 10.2 | 11.9 | 12.7 | 14.8% |
| Russia | N/A | 13.1 | N/A | 3.7 | -46.9% |
| Germany | 0.7 | 0.4 | 1.0 | 1.9 | 39.5% |
| Others | 2.2 | 2.6 | 4.5 | 2.2 | 0.0% |
| Total | 13.3 | 29.2 | 36.5 | 43.8 | 48.8% |
Top Suppliers of Coriander Seeds, Crushed or Ground to Latvia in 2022:
- Poland (18.4 tons)
- Russia (5.2 tons)
- Estonia (0.7 tons)
- Germany (0.5 tons)
Exports of Coriander Seeds, Crushed or Ground in Latvia
Coriander seeds, crushed or ground exports from Latvia surged to 17 tons in 2022, growing by 355% on the previous year. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 404%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, coriander seeds, crushed or ground exports soared to $38K in 2022. Over the period under review, exports continue to indicate 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | N/A | 0.1 | 10.7 | 10600.0% |
| Poland | N/A | N/A | N/A | 8.1 | 0% |
| Hungary | N/A | N/A | N/A | 6.7 | 0% |
| Lithuania | 1.5 | 2.4 | 2.8 | 3.1 | 27.4% |
| Estonia | 1.7 | 2.7 | 3.2 | 3.0 | 20.8% |
| Russia | N/A | 1.8 | 1.9 | 3.0 | 29.1% |
| Czech Republic | N/A | N/A | N/A | 2.3 | 0% |
| United Kingdom | 0.3 | 0.9 | 0.7 | 0.6 | 26.0% |
| Serbia | N/A | N/A | 4.5 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 3.4 | 7.8 | 13.2 | 37.6 | 122.8% |
Top Export Markets for Coriander Seeds, Crushed or Ground from Latvia in 2022:
- Romania (6.3 tons)
- Poland (4.7 tons)
- Hungary (4.0 tons)
- Czech Republic (1.3 tons)
- Lithuania (0.5 tons)
- Estonia (0.2 tons)
- United Kingdom (0.2 tons)
- Russia (0.2 tons)
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