Price for Coriander Seeds, Neither Crushed Nor Ground in the Dominican Republic - 2023

Contents:

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

Price for Coriander Seeds, Neither Crushed Nor Ground in the Dominican Republic (CIF) - 2022

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $3,034 per ton, rising by 36% against the previous year. In general, the import price recorded prominent growth. The pace of growth appeared the most rapid in 2016 an increase of 53%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 United States ($5,376 per ton), while the price for Spain ($1,494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Coriander Seeds, Neither Crushed Nor Ground in the Dominican Republic (FOB) - 2022

In 2022, the average export price for coriander seeds, neither crushed nor ground amounted to $1,560 per ton, with a decrease of -39.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 128%. As a result, the export price attained the peak level of $4,036 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +83.8% per year.

Imports of Coriander Seeds, Neither Crushed Nor Ground in the Dominican Republic

In 2022, approx. 138 tons of coriander seeds, neither crushed nor ground were imported into the Dominican Republic; picking up by 16% against the previous year. Overall, imports saw a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 101%. As a result, imports reached the peak of 185 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of coriander seeds, neither crushed nor ground skyrocketed to $419K in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 72%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Coriander Seeds, Neither Crushed Nor Ground in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India60.823315723156.0%
Canada11666.654.215510.1%
Spain36.537.325.222.2-15.3%
United States3.23.5N/A11.251.8%
ArgentinaN/A12.027.6N/A130.0%
Others0.220.4N/AN/A10100.0%
Total21637326441924.7%

Top Suppliers of Coriander Seeds, Neither Crushed Nor Ground to the Dominican Republic in 2022:

  1. India (63.8 tons)
  2. Canada (57.4 tons)
  3. Spain (14.9 tons)
  4. United States (2.1 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in the Dominican Republic

In 2022, the amount of coriander seeds, neither crushed nor ground exported from the Dominican Republic declined rapidly to 182 kg, with a decrease of -90.6% against the previous year. Over the period under review, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 when exports increased by 477% against the previous year. As a result, the exports attained the peak of 1.9 tons, and then fell dramatically in the following year.

In value terms, exports of coriander seeds, neither crushed nor ground declined remarkably to $284 in 2022. Overall, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 268%. As a result, the exports attained the peak of $5K, and then fell rapidly in the following year.

Export of Coriander Seeds, Neither Crushed Nor Ground in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A0.30%
Haiti0.7N/AN/AN/A0%
United StatesN/A1.24.9N/A308.3%
Others0.10.20.1N/A0.0%
Total0.81.45.00.3-27.9%

Top Export Markets for Coriander Seeds, Neither Crushed Nor Ground from the Dominican Republic in 2022:

  1. France (182.0 kg)

Source: IndexBox Market Intelligence Platform

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