Price for Coriander Seeds, Neither Crushed Nor Ground in Belgium - 2023

Contents:

1. Price for Coriander Seeds, Neither Crushed Nor Ground in Belgium (CIF) - 2022
2. Price for Coriander Seeds, Neither Crushed Nor Ground in Belgium (FOB) - 2022
3. Imports of Coriander Seeds, Neither Crushed Nor Ground in Belgium
4. Exports of Coriander Seeds, Neither Crushed Nor Ground in Belgium

Price for Coriander Seeds, Neither Crushed Nor Ground in Belgium (CIF) - 2022

The average import price for coriander seeds, neither crushed nor ground stood at $5,037 per ton in 2022, picking up by 20% against the previous year. Overall, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($18,087 per ton), while the price for Morocco ($1,702 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Coriander Seeds, Neither Crushed Nor Ground in Belgium (FOB) - 2022

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $2,032 per ton, increasing by 1.9% against the previous year. Overall, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 11%. The export price peaked at $3,887 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($3,526 per ton), while the average price for exports to Turkey ($1,270 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.8%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Belgium

In 2022, purchases abroad of coriander seeds, neither crushed nor ground decreased by -3.2% to 104 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. As a result, imports attained the peak of 128 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of coriander seeds, neither crushed nor ground skyrocketed to $524K 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 +24.1% 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 +91.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 47% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Belgium in 2022:

1. Netherlands (36.1 tons)
2. Morocco (26.3 tons)
3. Russia (12.3 tons)
4. Germany (10.6 tons)
5. Spain (10.3 tons)
6. Turkey (3.9 tons)
7. France (2.1 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Belgium

In 2022, the amount of coriander seeds, neither crushed nor ground exported from Belgium skyrocketed to 238 tons, picking up by 16% on 2021 figures. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of coriander seeds, neither crushed nor ground soared to $483K in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from Belgium in 2022:

1. Netherlands (182.0 tons)
2. Turkey (29.5 tons)
3. France (20.0 tons)
4. Germany (5.1 tons)

Source: IndexBox Market Intelligence Platform