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

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $10,469 per ton in 2022, falling by -11.6% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 139%. The import price peaked at $11,845 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($98,000 per ton), while the price for Italy ($2,054 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $5,460 per ton, with an increase of 42% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 54%. As a result, the export price attained the peak level of $23,575 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($15,051 per ton), while the average price for exports to Luxembourg ($730 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 Sao Tome and Principe (+9.4%), while the prices for the other major destinations experienced a decline.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Portugal

In 2022, approx. 17 tons of coriander seeds, neither crushed nor ground were imported into Portugal; surging by 5.1% compared with the year before. Overall, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by 85%.

In value terms, imports of coriander seeds, neither crushed nor ground reduced to $178K in 2022. Over the period under review, imports saw a perceptible increase. The pace of growth was the most pronounced in 2021 when imports increased by 127%. As a result, imports reached the peak of $192K, and then contracted in the following year.

Import of Coriander Seeds, Neither Crushed Nor Ground in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain42.426.987.571.919.2%
France10.722.053.048.565.5%
Netherlands11.0N/A0.933.344.7%
Sweden31.87.434.215.9-20.6%
Germany26.86.70.65.0-42.9%
Italy4.14.113.63.6-4.2%
United Kingdom28.014.30.20.1-84.7%
EgyptN/A3.3N/AN/A0%
Others0.4N/A1.8N/A112.1%
Total15584.71921784.7%

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

  1. Netherlands (6.5 tons)
  2. Spain (5.4 tons)
  3. France (2.3 tons)
  4. Italy (1.8 tons)
  5. Sweden (0.6 tons)
  6. Germany (0.5 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Portugal

In 2022, after three years of growth, there was significant decline in overseas shipments of coriander seeds, neither crushed nor ground, when their volume decreased by -60% to 5.8 tons. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,319% against the previous year. As a result, the exports attained the peak of 15 tons, and then reduced rapidly in the following year.

In value terms, exports of coriander seeds, neither crushed nor ground shrank significantly to $32K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 787% against the previous year. As a result, the exports reached the peak of $56K, and then contracted significantly in the following year.

Export of Coriander Seeds, Neither Crushed Nor Ground in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola3.33.99.216.671.3%
GermanyN/AN/A42.26.8-83.9%
Cabo Verde0.40.10.80.931.0%
Sao Tome and Principe0.20.10.10.858.7%
Luxembourg0.10.40.40.344.2%
Others1.21.73.46.373.8%
Total5.16.356.031.783.9%

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

  1. Germany (3681.0 kg)
  2. Angola (1106.0 kg)
  3. Luxembourg (423.0 kg)
  4. Cabo Verde (207.0 kg)
  5. Sao Tome and Principe (120.0 kg)

Source: IndexBox Market Intelligence Platform

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