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

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

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $4,460 per ton, picking up by 5.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 59%. As a result, import price reached the peak level of $6,826 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 North Macedonia ($8,217 per ton), while the price for Italy ($2,208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, neither crushed nor ground stood at $7,103 per ton in 2022, with a decrease of -44.9% against the previous year. Over the period under review, the export price saw a sharp reduction. Over the period under review, the average export prices hit record highs at $12,889 per ton in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($9,000 per ton), while the average price for exports to Switzerland ($4,000 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+350.0%).

Imports of Coriander Seeds, Neither Crushed Nor Ground in Finland

In 2022, approx. 30 tons of coriander seeds, neither crushed nor ground were imported into Finland; increasing by 17% against 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of coriander seeds, neither crushed nor ground surged to $132K in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Coriander Seeds, Neither Crushed Nor Ground in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.8	9.2	24.3	49.9	202.7%
Netherlands	11.8	57.7	27.3	42.2	52.9%
North Macedonia	12.9	25.2	20.4	28.8	30.7%
Sweden	8.9	8.6	9.6	7.5	-5.5%
Italy	33.7	N/A	20.2	0.1	-85.6%
Spain	30.3	0.1	N/A	N/A	-99.7%
India	5.4	N/A	2.2	N/A	-36.2%
Others	4.7	6.8	2.8	3.6	-8.5%
Total	109	108	107	132	6.6%

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

Germany (19.7 tons)
Netherlands (5.4 tons)
North Macedonia (3.5 tons)
Sweden (0.4 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Finland

In 2022, the amount of coriander seeds, neither crushed nor ground exported from Finland surged to 29 kg, increasing by 222% compared with the previous year's figure. Over the period under review, exports showed a significant increase. 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 $206 in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.