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

Contents:

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

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

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $2,389 per ton, shrinking by -20.1% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +8.7% 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 +26.3% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 50%. The import price peaked at $2,991 per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,631 per ton), while the price for Bulgaria ($977 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $2,345 per ton, picking up by 20% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 56%. As a result, the export price reached the peak level of $3,561 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($2,548 per ton), while the average price for exports to Malta ($1,553 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 Albania (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Greece

In 2022, approx. 108 tons of coriander seeds, neither crushed nor ground were imported into Greece; picking up by 2.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of coriander seeds, neither crushed nor ground declined significantly to $258K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.7% 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 +31.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $315K, and then shrank remarkably in the following year.

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

1. Bulgaria (37.4 tons)
2. Syrian Arab Republic (20.8 tons)
3. Germany (15.8 tons)
4. Ukraine (13.1 tons)
5. Pakistan (6.7 tons)
6. Italy (6.3 tons)
7. Spain (4.0 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Greece

After three years of growth, overseas shipments of coriander seeds, neither crushed nor ground decreased by -42.6% to 3.8 tons in 2022. In general, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year.

In value terms, exports of coriander seeds, neither crushed nor ground contracted rapidly to $8.8K in 2022. Overall, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 67% against the previous year. As a result, the exports reached the peak of $13K, and then contracted rapidly in the following year.

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

1. Cyprus (2157.0 kg)
2. Ireland (740.0 kg)
3. Germany (597.0 kg)
4. France (137.0 kg)
5. Malta (123.0 kg)

Source: IndexBox Market Intelligence Platform