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

Contents:

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

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $616 per ton, with a decrease of -62.6% against the previous year. In general, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 27%. The export price peaked at $2,822 per ton in 2018; however, from 2019 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 Malaysia ($2,024 per ton), while the average price for exports to Pakistan amounted to $450 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+20.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $700 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a deep downturn. The growth pace was the most rapid in 2016 an increase of 107%. The import price peaked at $2,113 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +26.0% per year.

Exports of Coriander Seeds, Crushed or Ground in Myanmar

For the fourth consecutive year, Myanmar recorded growth in shipments abroad of coriander seeds, crushed or ground, which increased by 1,950% to 52 tons in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $32K in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Pakistan (46.3 tons)
2. Malaysia (5.4 tons)

Imports of Coriander Seeds, Crushed or Ground in Myanmar

Coriander seeds, crushed or ground imports into Myanmar amounted to 10 tons in 2022, approximately mirroring 2021. Overall, imports faced a dramatic shrinkage. The smallest decline of -72.3% was in 2020.

In value terms, coriander seeds, crushed or ground imports amounted to $7.2K in 2022. In general, imports saw a significant decline. The smallest decline of -64.5% was in 2020.

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

1. India (10.2 tons)

Source: IndexBox Market Intelligence Platform