Price for Coriander Seeds, Crushed or Ground in Poland - 2023

Contents:

1. Price for Coriander Seeds, Crushed or Ground in Poland (FOB) - 2023
2. Price for Coriander Seeds, Crushed or Ground in Poland (CIF) - 2022
3. Exports of Coriander Seeds, Crushed or Ground in Poland
4. Imports of Coriander Seeds, Crushed or Ground in Poland

Price for Coriander Seeds, Crushed or Ground in Poland (FOB) - 2023

The average export price for coriander seeds, crushed or ground stood at $2,398 per ton in June 2023, surging by 17% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 20% m-o-m. The export price peaked in June 2023.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Austria ($4,949 per ton), while the average price for exports to Hungary ($1,869 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for coriander seeds, crushed or ground stood at $2,420 per ton in 2022, jumping by 65% against the previous year. Over the period under review, the import price saw a perceptible increase. The growth pace was the most rapid in 2021 an increase of 109%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the Netherlands ($3,622 per ton), while the price for Russia ($557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Coriander Seeds, Crushed or Ground in Poland

In 2022, overseas shipments of coriander seeds, crushed or ground decreased by -12.9% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 44%.

In value terms, coriander seeds, crushed or ground exports stood at $3.2M in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 50%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Germany (709.7 tons)
2. France (218.2 tons)
3. United Kingdom (211.7 tons)
4. Austria (189.5 tons)
5. Belgium (187.7 tons)

Imports of Coriander Seeds, Crushed or Ground in Poland

In 2022, approx. 139 tons of coriander seeds, crushed or ground were imported into Poland; jumping by 83% against 2021 figures. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 160% against the previous year. As a result, imports attained the peak of 216 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, coriander seeds, crushed or ground imports surged to $337K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (78.6 tons)
2. Russia (20.0 tons)
3. India (13.0 tons)
4. Spain (11.5 tons)
5. Ukraine (6.0 tons)
6. Austria (3.4 tons)
7. Belgium (2.5 tons)

Source: IndexBox Market Intelligence Platform