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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $6,143 per ton in 2022, reducing by -22.7% against the previous year. Overall, the import price, however, posted slight growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 75% against the previous year. The import price peaked at $7,944 per ton in 2021, and then fell rapidly in the following year.

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 Russia ($11,964 per ton), while the price for Turkey ($2,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, crushed or ground stood at $2,248 per ton in 2022, surging by 2.6% against the previous year. In general, the export price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 an increase of 97% against the previous year. Over the period under review, the average export prices hit record highs at $3,252 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($3,341 per ton), while the average price for exports to Bosnia and Herzegovina amounted to $1,800 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.3%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Crushed or Ground in Serbia

In 2022, purchases abroad of coriander seeds, crushed or ground decreased by -81.2% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 512%. As a result, imports reached the peak of 13 tons, and then declined significantly in the following year.

In value terms, coriander seeds, crushed or ground imports dropped dramatically to $15K in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 566% against the previous year. As a result, imports attained the peak of $102K, and then reduced sharply in the following year.

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

1. Spain (1100.0 kg)
2. Romania (1074.0 kg)
3. Turkey (120.0 kg)
4. Germany (60.0 kg)
5. Russia (56.0 kg)

Exports of Coriander Seeds, Crushed or Ground in Serbia

In 2022, coriander seeds, crushed or ground exports from Serbia fell remarkably to 141 kg, which is down by -38.7% on the previous year. Overall, exports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year.

In value terms, coriander seeds, crushed or ground exports shrank dramatically to $317 in 2022. In general, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 45%.

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

1. Bosnia and Herzegovina (100.0 kg)
2. Montenegro (41.0 kg)

Source: IndexBox Market Intelligence Platform