Price for Coriander Seeds, Crushed or Ground in Lithuania - 2023
Contents:
- Price for Coriander Seeds, Crushed or Ground in Lithuania (CIF) - 2022
- Price for Coriander Seeds, Crushed or Ground in Lithuania (FOB) - 2022
- Imports of Coriander Seeds, Crushed or Ground in Lithuania
- Exports of Coriander Seeds, Crushed or Ground in Lithuania
Price for Coriander Seeds, Crushed or Ground in Lithuania (CIF) - 2022
The average import price for coriander seeds, crushed or ground stood at $3,424 per ton in 2022, with a decrease of -10% against the previous year. Overall, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 an increase of 120% against the previous year. Over the period under review, average import prices attained the maximum at $4,584 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Estonia ($17,954 per ton), while the price for Ukraine ($629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Coriander Seeds, Crushed or Ground in Lithuania (FOB) - 2022
The average export price for coriander seeds, crushed or ground stood at $4,269 per ton in 2022, growing by 33% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coriander seeds, crushed or ground export price increased by +84.0% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 36%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($5,960 per ton), while the average price for exports to Estonia ($1,776 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 Latvia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Coriander Seeds, Crushed or Ground in Lithuania
In 2022, imports of coriander seeds, crushed or ground into Lithuania soared to 17 tons, picking up by 55% compared with the previous year's figure. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, coriander seeds, crushed or ground imports surged to $58K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Coriander Seeds, Crushed or Ground in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 7.3 | 8.8 | 14.6 | 21.3 | 42.9% |
| Germany | 0.9 | 3.9 | 4.4 | 12.5 | 140.4% |
| Latvia | 2.1 | 5.3 | 8.4 | 9.3 | 64.2% |
| Netherlands | 7.9 | 9.5 | 4.5 | 4.2 | -19.0% |
| Ukraine | 1.8 | N/A | N/A | 3.3 | 22.4% |
| Czech Republic | 0.1 | N/A | N/A | 3.0 | 210.7% |
| Poland | 0.1 | 1.1 | 6.1 | 2.7 | 200.0% |
| France | 2.7 | 1.2 | 0.9 | N/A | -42.3% |
| Others | 1.2 | 2.8 | 2.8 | 1.9 | 16.6% |
| Total | 24.1 | 32.6 | 41.8 | 58.2 | 34.2% |
Top Suppliers of Coriander Seeds, Crushed or Ground to Lithuania in 2022:
- Ukraine (5.2 tons)
- Latvia (4.9 tons)
- Germany (2.4 tons)
- Poland (1.8 tons)
- Estonia (1.2 tons)
- Netherlands (1.0 tons)
- Czech Republic (0.3 tons)
Exports of Coriander Seeds, Crushed or Ground in Lithuania
After three years of growth, overseas shipments of coriander seeds, crushed or ground decreased by -31.1% to 3.9 tons in 2022. In general, exports showed a perceptible contraction. The growth pace was the most rapid in 2020 when exports increased by 19% against the previous year.
In value terms, coriander seeds, crushed or ground exports declined to $16K in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year.
| Export of Coriander Seeds, Crushed or Ground in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.7 | 4.5 | 4.1 | 11.3 | 88.0% |
| Russia | 1.9 | 1.1 | 1.8 | 1.8 | -1.8% |
| Estonia | 2.4 | 6.0 | 4.8 | 1.5 | -14.5% |
| Latvia | 4.8 | 2.2 | 5.8 | 1.3 | -35.3% |
| United Kingdom | 1.1 | 1.1 | 0.3 | 0.2 | -43.3% |
| Others | 0.5 | 1.6 | 1.3 | 0.5 | 0.0% |
| Total | 12.5 | 16.4 | 18.0 | 16.5 | 9.7% |
Top Export Markets for Coriander Seeds, Crushed or Ground from Lithuania in 2022:
- Germany (1889.0 kg)
- Estonia (842.0 kg)
- Latvia (583.0 kg)
- Russia (380.0 kg)
- United Kingdom (101.0 kg)
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