Price for Coriander Seeds, Neither Crushed Nor Ground in Nepal - 2022
Contents:
- Price for Coriander Seeds, Neither Crushed Nor Ground in Nepal (CIF) - 2022
- Imports of Coriander Seeds, Neither Crushed Nor Ground in Nepal
Price for Coriander Seeds, Neither Crushed Nor Ground in Nepal (CIF) - 2022
In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $1,012 per ton, increasing by 3.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 31%. Over the period under review, average import prices hit record highs at $1,071 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,196 per ton), while the price for Russia totaled $866 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Coriander Seeds, Neither Crushed Nor Ground in Nepal
In 2022, the amount of coriander seeds, neither crushed nor ground imported into Nepal reached 7.7K tons, surging by 1.7% against the previous year. The total import volume increased at an average annual rate of +13.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 45%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of coriander seeds, neither crushed nor ground expanded sharply to $7.8M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 56%. As a result, imports attained the peak of $8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Coriander Seeds, Neither Crushed Nor Ground in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.3 | 7.3 | 6.3 | 4.0 | -2.4% |
| Russia | 0.6 | 0.3 | 0.9 | 3.6 | 81.7% |
| Others | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Total | 5.1 | 8.0 | 7.4 | 7.8 | 15.2% |
Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to Nepal in 2022:
- Russia (4.1K tons)
- India (3.4K tons)
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