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

Contents:

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

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

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $1,563 per ton, rising by 12% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 increased by +54.9% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 25%. The import price peaked at $1,646 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($2,868 per ton), while the price for Syrian Arab Republic ($1,055 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $2,438 per ton, dropping by -13.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 17%. Over the period under review, the average export prices attained the peak figure at $2,852 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,032 per ton), while the average price for exports to Morocco ($968 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 Switzerland (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Germany

Imports of coriander seeds, neither crushed nor ground into Germany skyrocketed to 5.4K tons in 2022, growing by 29% against the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.7% 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 +71.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 47%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of coriander seeds, neither crushed nor ground surged to $8.4M in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Coriander Seeds, Neither Crushed Nor Ground in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria3142731161,54069.9%
Russia1,0141,1708341,36810.5%
Spain4774195031,12032.9%
Ukraine7379511,3011,08013.6%
Austria71.6312484735117.3%
Romania15052147867865.3%
Netherlands98.253630964687.4%
Italy404360459266-13.0%
Others5241,3031,33095822.3%
Total3,7915,8465,8138,39130.3%

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

  1. Bulgaria (1149.7 tons)
  2. Russia (1130.1 tons)
  3. Ukraine (667.7 tons)
  4. Spain (600.3 tons)
  5. Romania (508.1 tons)
  6. Netherlands (312.1 tons)
  7. Austria (310.8 tons)
  8. Italy (204.2 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Germany

In 2022, shipments abroad of coriander seeds, neither crushed nor ground decreased by -9.3% to 515 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports reached the peak of 568 tons, and then contracted in the following year.

In value terms, exports of coriander seeds, neither crushed nor ground fell dramatically to $1.3M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 33%. As a result, the exports reached the peak of $1.6M, and then shrank sharply in the following year.

Export of Coriander Seeds, Neither Crushed Nor Ground in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom14422228924719.7%
Netherlands160155159142-3.9%
Austria83.214824012614.8%
Belgium30.455.392.692.344.8%
Switzerland53.451.561.272.110.5%
France51.711413058.03.9%
United States7.228.065.149.890.5%
Finland7.211.131.247.487.4%
Romania12.035.682.733.040.1%
Czech Republic25.836.626.532.58.0%
BulgariaN/AN/AN/A28.80%
Poland27.337.022.627.30.0%
MoroccoN/AN/AN/A20.30%
Others392311396280-10.6%
Total9951,2041,5951,2578.1%

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

  1. United Kingdom (105.8 tons)
  2. Netherlands (96.4 tons)
  3. Austria (50.8 tons)
  4. Belgium (27.8 tons)
  5. Poland (23.1 tons)
  6. Bulgaria (22.6 tons)
  7. Morocco (21.0 tons)
  8. Romania (19.7 tons)
  9. Finland (18.0 tons)
  10. France (15.7 tons)
  11. Czech Republic (13.2 tons)
  12. United States (12.6 tons)
  13. Switzerland (12.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Coriander Seeds, Neither Crushed Nor Ground - Germany