Price for Coriander Seeds, Neither Crushed Nor Ground in Thailand - 2024

Contents:

1. Price for Coriander Seeds, Neither Crushed Nor Ground in Thailand (CIF) - 2024
2. Price for Coriander Seeds, Neither Crushed Nor Ground in Thailand (FOB) - 2022
3. Imports of Coriander Seeds, Neither Crushed Nor Ground in Thailand
4. Exports of Coriander Seeds, Neither Crushed Nor Ground in Thailand

Price for Coriander Seeds, Neither Crushed Nor Ground in Thailand (CIF) - 2024

The average import price for coriander seeds, neither crushed nor ground stood at $1,409 per ton in January 2024, picking up by 19% against the previous month. In general, import price indicated modest growth from January 2023 to January 2024: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for coriander seeds, neither crushed nor ground increased by +99.8% against September 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 59% m-o-m. The import price peaked at $1,543 per ton in August 2023; however, from September 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,637 per ton), while the price for Bulgaria ($561 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Russia (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for coriander seeds, neither crushed nor ground stood at $4,113 per ton in 2022, reducing by -4.8% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for coriander seeds, neither crushed nor ground increased by +51.8% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 59%. As a result, the export price attained the peak level of $4,318 per ton, and then dropped modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($5,537 per ton), while the average price for exports to Myanmar ($3,073 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 Singapore (+512.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Thailand

Imports of coriander seeds, neither crushed nor ground into Thailand soared to 3.9K tons in 2022, picking up by 25% on 2021 figures. The total import volume increased at an average annual rate of +12.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $5.3M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +65.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Italy (1036.1 tons)
2. Bulgaria (810.6 tons)
3. United States (435.7 tons)
4. Russia (426.1 tons)
5. Malaysia (361.5 tons)
6. India (314.6 tons)
7. Ukraine (196.7 tons)
8. Romania (151.6 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Thailand

In 2022, overseas shipments of coriander seeds, neither crushed nor ground decreased by -53% to 20 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 185%. As a result, the exports attained the peak of 151 tons. 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 $84K in 2022. Over the period under review, exports saw a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 121% against the previous year. As a result, the exports reached the peak of $408K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Nepal (8.9 tons)
2. Mauritius (5.0 tons)
3. Taiwan (Chinese) (1.6 tons)
4. Malaysia (1.6 tons)
5. United States (1.5 tons)
6. Philippines (0.6 tons)
7. Myanmar (0.5 tons)
8. China (0.2 tons)

Source: IndexBox Market Intelligence Platform