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

Contents:

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

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

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $2,718 per ton, with an increase of 31% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for coriander seeds, neither crushed nor ground decreased by -3.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. The import price peaked at $2,807 per ton in 2020; however, from 2021 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 ($4,547 per ton), while the price for Latvia ($1,313 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $10,679 per ton, jumping by 26% against the previous year. Over the period under review, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2016 an increase of 73% against the previous year. The export price peaked at $17,819 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($15,247 per ton), while the average price for exports to Finland ($1,667 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 Lithuania (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Estonia

After three years of growth, overseas purchases of coriander seeds, neither crushed nor ground decreased by -63.6% to 7.8 tons in 2022. In general, imports showed a deep slump. The growth pace was the most rapid in 2020 with an increase of 55%.

In value terms, imports of coriander seeds, neither crushed nor ground plummeted to $21K in 2022. Over the period under review, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 108% against the previous year. As a result, imports attained the peak of $47K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Coriander Seeds, Neither Crushed Nor Ground in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A6.710.77.55.8%
GermanyN/A11.88.85.5-31.7%
PolandN/A1.0N/A3.484.4%
Latvia0.42.316.41.348.1%
India1.9N/A1.21.1-16.7%
United KingdomN/A18.30.41.1-75.5%
Netherlands0.70.81.00.5-10.6%
Russia1.80.10.40.1-61.8%
Bulgaria6.4N/AN/AN/A0%
ItalyN/A2.5N/AN/A0%
Romania7.7N/AN/AN/A0%
Others3.73.65.60.5-48.7%
Total22.646.944.421.2-2.1%

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

  1. Poland (2592.0 kg)
  2. Sweden (1969.0 kg)
  3. Germany (1201.0 kg)
  4. Latvia (1008.0 kg)
  5. Netherlands (300.0 kg)
  6. United Kingdom (300.0 kg)
  7. India (272.0 kg)
  8. Russia (40.0 kg)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Estonia

In 2022, overseas shipments of coriander seeds, neither crushed nor ground decreased by -37.3% to 1 tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 199% against the previous year. As a result, the exports reached the peak of 4.2 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of coriander seeds, neither crushed nor ground plummeted to $11K in 2022. Overall, exports recorded a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 167%. As a result, the exports attained the peak of $30K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Coriander Seeds, Neither Crushed Nor Ground in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A4.30%
Sweden7.310.310.24.2-16.8%
Lithuania0.80.70.91.420.5%
Latvia0.70.60.60.84.6%
Russia1.918.8N/A0.1-62.5%
Others0.6N/A1.90.1-45.0%
Total11.330.313.610.8-1.5%

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

  1. Sweden (552.0 kg)
  2. Belgium (279.0 kg)
  3. Lithuania (105.0 kg)
  4. Latvia (61.0 kg)
  5. Russia (5.0 kg)

Source: IndexBox Market Intelligence Platform

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