Price for Coriander Seeds, Crushed or Ground in Belarus - 2022

Contents:

  1. Price for Coriander Seeds, Crushed or Ground in Belarus (CIF) - 2022
  2. Price for Coriander Seeds, Crushed or Ground in Belarus (FOB) - 2022
  3. Imports of Coriander Seeds, Crushed or Ground in Belarus
  4. Exports of Coriander Seeds, Crushed or Ground in Belarus

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

The average import price for coriander seeds, crushed or ground stood at $495 per ton in 2022, with a decrease of -20.7% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of 56% against the previous year. As a result, import price attained the peak level of $2,384 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($3,222 per ton), while the price for Russia amounted to $354 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-5.7%).

Price for Coriander Seeds, Crushed or Ground in Belarus (FOB) - 2022

In 2022, the average export price for coriander seeds, crushed or ground amounted to $2,472 per ton, with an increase of 3.1% against the previous year. In general, the export price showed a moderate expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 72% against the previous year. The export price peaked at $5,444 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($11,463 per ton), while the average price for exports to Russia totaled $2,239 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.6%).

Imports of Coriander Seeds, Crushed or Ground in Belarus

For the fourth consecutive year, Belarus recorded growth in supplies from abroad of coriander seeds, crushed or ground, which increased by 112% to 306 tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, coriander seeds, crushed or ground imports skyrocketed to $151K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Coriander Seeds, Crushed or Ground in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10468.256.4102-0.6%
Poland6.916.013.621.345.6%
Others6.54.620.128.463.5%
Total11788.890.21518.9%

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

  1. Russia (287.2 tons)
  2. Poland (6.6 tons)

Exports of Coriander Seeds, Crushed or Ground in Belarus

After three years of growth, overseas shipments of coriander seeds, crushed or ground decreased by -13.8% to 519 kg in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 94% against the previous year.

In value terms, coriander seeds, crushed or ground exports fell to $1.3K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40%.

Export of Coriander Seeds, Crushed or Ground in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7008881,1501,13317.4%
Ukraine10016022615014.5%
OthersN/A74.068.0N/A-8.1%
Total8001,1221,4441,28317.1%

Top Export Markets for Coriander Seeds, Crushed or Ground from Belarus in 2022:

  1. Russia (506.0 kg)
  2. Ukraine (13.0 kg)

Source: IndexBox Market Intelligence Platform

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