Price for Coriander Seeds, Crushed or Ground in the Dominican Republic - 2023
Contents:
- Price for Coriander Seeds, Crushed or Ground in the Dominican Republic (CIF) - 2022
- Price for Coriander Seeds, Crushed or Ground in the Dominican Republic (FOB) - 2022
- Imports of Coriander Seeds, Crushed or Ground in the Dominican Republic
- Exports of Coriander Seeds, Crushed or Ground in the Dominican Republic
Price for Coriander Seeds, Crushed or Ground in the Dominican Republic (CIF) - 2022
The average import price for coriander seeds, crushed or ground stood at $4,602 per ton in 2022, increasing by 13% against the previous year. Over the period under review, the import price posted a strong increase. The most prominent rate of growth was recorded in 2016 an increase of 87% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($9,079 per ton), while the price for the Netherlands ($3,947 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Coriander Seeds, Crushed or Ground in the Dominican Republic (FOB) - 2022
The average export price for coriander seeds, crushed or ground stood at $1,773 per ton in 2022, declining by -3.5% against the previous year. Overall, the export price recorded a deep slump. The pace of growth was the most pronounced in 2013 an increase of 97%. As a result, the export price reached the peak level of $21,000 per ton. From 2014 to 2022, the average 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 Haiti ($3,682 per ton), while the average price for exports to the United States amounted to $1,629 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+9.1%).
Imports of Coriander Seeds, Crushed or Ground in the Dominican Republic
In 2022, after three years of growth, there was significant decline in overseas purchases of coriander seeds, crushed or ground, when their volume decreased by -19.8% to 42 tons. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year.
In value terms, coriander seeds, crushed or ground imports contracted to $193K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62%.
| Import of Coriander Seeds, Crushed or Ground in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 56.8 | 13.4 | 155 | 131 | 32.1% |
| United States | 21.3 | 39.0 | 15.7 | 23.9 | 3.9% |
| Canada | 1.3 | 33.4 | 25.1 | 14.9 | 125.5% |
| Netherlands | 13.4 | 60.3 | N/A | 7.9 | -16.1% |
| India | 16.1 | 23.2 | N/A | N/A | 44.1% |
| Others | 0.8 | 8.2 | 17.7 | 15.7 | 169.7% |
| Total | 110 | 177 | 213 | 193 | 20.6% |
Top Suppliers of Coriander Seeds, Crushed or Ground to the Dominican Republic in 2022:
- Russia (32.3 tons)
- United States (5.5 tons)
- Netherlands (2.0 tons)
- Canada (1.6 tons)
Exports of Coriander Seeds, Crushed or Ground in the Dominican Republic
In 2022, shipments abroad of coriander seeds, crushed or ground decreased by -45.8% to 2.9 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 128% against the previous year. As a result, the exports attained the peak of 5.7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, coriander seeds, crushed or ground exports contracted rapidly to $5.1K in 2022. In general, exports saw a noticeable decrease. The most prominent rate of growth was recorded in 2020 with an increase of 161% against the previous year. As a result, the exports attained the peak of $14K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Coriander Seeds, Crushed or Ground in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 2.9 | 5.7 | 4.4 | 37.3% |
| Haiti | 3.9 | 11.6 | 4.1 | 0.8 | -41.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.6 | 14.5 | 9.8 | 5.1 | -3.1% |
Top Export Markets for Coriander Seeds, Crushed or Ground from the Dominican Republic in 2022:
- United States (2.7 tons)
- Haiti (0.2 tons)
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