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

Contents:

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

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

The average export price for coriander seeds, crushed or ground stood at $516 per ton in January 2022, picking up by 6.7% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2021 an increase of 67% against the previous month. The export price peaked at $643 per ton in February 2021; however, from March 2021 to January 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In January 2022, the country with the highest price was the Netherlands ($857 per ton), while the average price for exports to Georgia ($132 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for coriander seeds, crushed or ground stood at $2,874 per ton in 2022, falling by -1.7% against the previous year. Over the period under review, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13%. Over the period under review, average import prices attained the maximum at $4,674 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($4,742 per ton), while the price for China ($1,495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-2.3%), while the prices for the other major suppliers experienced a decline.

Exports of Coriander Seeds, Crushed or Ground in Russia

In 2022, shipments abroad of coriander seeds, crushed or ground decreased by -25.5% to 5.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 96%. As a result, the exports reached the peak of 7.5K tons, and then plummeted in the following year.

In value terms, coriander seeds, crushed or ground exports contracted significantly to $2.7M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 52%. As a result, the exports attained the peak of $3.2M, and then declined rapidly in the following year.

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

1. Uzbekistan (1229.0 tons)
2. Germany (887.3 tons)
3. Poland (806.9 tons)
4. United Kingdom (478.9 tons)
5. Egypt (380.1 tons)
6. Netherlands (369.5 tons)
7. Georgia (337.8 tons)

Imports of Coriander Seeds, Crushed or Ground in Russia

Coriander seeds, crushed or ground imports into Russia fell dramatically to 42 tons in 2022, shrinking by -26.4% against the year before. Over the period under review, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 115% against the previous year. As a result, imports reached the peak of 57 tons, and then shrank remarkably in the following year.

In value terms, coriander seeds, crushed or ground imports dropped dramatically to $119K in 2022. In general, imports recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 124% against the previous year. As a result, imports attained the peak of $165K, and then dropped rapidly in the following year.

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

1. Austria (24.3 tons)
2. Spain (10.2 tons)
3. China (4.6 tons)
4. India (1.2 tons)
5. Germany (1.0 tons)

Source: IndexBox Market Intelligence Platform