Price for Coriander Seeds, Crushed or Ground in Azerbaijan - 2023

Contents:

1. Price for Coriander Seeds, Crushed or Ground in Azerbaijan (CIF) - 2022
2. Imports of Coriander Seeds, Crushed or Ground in Azerbaijan

Price for Coriander Seeds, Crushed or Ground in Azerbaijan (CIF) - 2022

In 2022, the average import price for coriander seeds, crushed or ground amounted to $6,494 per ton, jumping by 247% against the previous year. Overall, the import price continues to indicate a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,684 per ton), while the price for the United Arab Emirates ($3,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+580.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Azerbaijan

In 2022, the amount of coriander seeds, crushed or ground imported into Azerbaijan declined sharply to 1.3 tons, falling by -69.2% compared with 2021 figures. Over the period under review, imports continue to indicate a sharp decline. The smallest decline of -8.8% was in 2020.

In value terms, coriander seeds, crushed or ground imports expanded markedly to $8.2K in 2022. In general, imports recorded a deep contraction.

Top Suppliers of Coriander Seeds, Crushed or Ground to Azerbaijan in 2022:

1. Turkey (863.0 kg)
2. United Arab Emirates (250.0 kg)
3. Russia (110.0 kg)
4. Georgia (36.0 kg)

Source: IndexBox Market Intelligence Platform