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

Contents:

1. Price for Coriander Seeds, Neither Crushed Nor Ground in Japan (CIF) - 2023
2. Price for Coriander Seeds, Neither Crushed Nor Ground in Japan (FOB) - 2022
3. Imports of Coriander Seeds, Neither Crushed Nor Ground in Japan
4. Exports of Coriander Seeds, Neither Crushed Nor Ground in Japan

Price for Coriander Seeds, Neither Crushed Nor Ground in Japan (CIF) - 2023

The average import price for coriander seeds, neither crushed nor ground stood at $2,285 per ton in November 2023, surging by 13% against the previous month. In general, the import price, however, continues to indicate a mild shrinkage. The import price peaked at $3,181 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Morocco.

From November 2022 to November 2023, the rate of growth in terms of prices for Spain amounted to -0.5% per month.

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

The average export price for coriander seeds, neither crushed nor ground stood at $2,182 per ton in 2022, with a decrease of -12.1% against the previous year. Over the period under review, the export price, however, continues to indicate a notable expansion. The growth pace was the most rapid in 2015 when the average export price increased by 181% against the previous year. The export price peaked at $11,536 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +33.2% per year.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Japan

In 2022, the amount of coriander seeds, neither crushed nor ground imported into Japan skyrocketed to 4.9K tons, increasing by 34% on the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +48.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of coriander seeds, neither crushed nor ground soared to $9.4M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Morocco (4.4K tons)
2. Bulgaria (0.2K tons)
3. Canada (0.1K tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Japan

Exports of coriander seeds, neither crushed nor ground from Japan reduced remarkably to 88 kg in 2022, which is down by -15.4% against the previous year's figure. Over the period under review, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 271% against the previous year.

In value terms, exports of coriander seeds, neither crushed nor ground fell notably to $192 in 2022. Overall, exports showed a precipitous decline. The smallest decline of -20.1% was in 2021.

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

1. Netherlands (44.0 kg)

Source: IndexBox Market Intelligence Platform