Price for Coriander Seeds, Neither Crushed Nor Ground in Kazakhstan - 2022

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $370 per ton in 2022, declining by -9.8% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of 25% against the previous year. As a result, import price attained the peak level of $960 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,940 per ton), while the price for Russia ($366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $2,324 per ton, dropping by -37.9% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 70%. The export price peaked at $4,070 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,000 per ton), while the average price for exports to Kyrgyzstan ($1,280 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 Kyrgyzstan (+4.5%).

Imports of Coriander Seeds, Neither Crushed Nor Ground in Kazakhstan

In 2022, approx. 421 tons of coriander seeds, neither crushed nor ground were imported into Kazakhstan; growing by 20% compared with the previous year. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 73% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of coriander seeds, neither crushed nor ground totaled $156K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.7% 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 +98.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Russia (412.7 tons)
2. Uzbekistan (7.5 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Kazakhstan

In 2022, exports of coriander seeds, neither crushed nor ground from Kazakhstan surged to 37 kg, rising by 19% compared with the previous year. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 291%. As a result, the exports reached the peak of 43 kg. 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 shrank remarkably to $86 in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 349%. As a result, the exports reached the peak of $175. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Kyrgyzstan (25.0 kg)
2. Tajikistan (11.0 kg)
3. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform