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

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $1,084 per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $2,515 per ton. From 2014 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 the Netherlands ($4,441 per ton), while the price for Russia ($865 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,274 per ton, dropping by -7.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 41%. The export price peaked at $1,711 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Czech Republic ($1,415 per ton) and Lithuania ($1,405 per ton), while the average price for exports to Poland ($1,080 per ton) and Greece ($1,104 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Latvia

Imports of coriander seeds, neither crushed nor ground into Latvia rose to 108 tons in 2022, growing by 3.9% against the previous year. In general, imports showed a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 127% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of coriander seeds, neither crushed nor ground amounted to $117K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 110% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. Russia (87.0 tons)
2. Lithuania (11.8 tons)
3. Poland (7.4 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Latvia

In 2022, approx. 89 tons of coriander seeds, neither crushed nor ground were exported from Latvia; jumping by 44% compared with 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 112% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of coriander seeds, neither crushed nor ground skyrocketed to $113K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 106%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Romania (22.0 tons)
2. Poland (19.9 tons)
3. Hungary (15.9 tons)
4. Czech Republic (11.5 tons)
5. Belgium (6.5 tons)
6. Lithuania (4.9 tons)
7. Greece (3.8 tons)

Source: IndexBox Market Intelligence Platform