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

Contents:

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

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

The average import price for coriander seeds, crushed or ground stood at $4,803 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coriander seeds, crushed or ground import price decreased by -2.7% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $4,938 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($5,020 per ton) and Austria ($5,019 per ton), while the price for Belgium ($3,454 per ton) and the Netherlands ($4,142 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for coriander seeds, crushed or ground amounted to $11,266 per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, enjoyed notable growth. The pace of growth appeared the most rapid in 2020 an increase of 18%. Over the period under review, the average export prices attained the peak figure at $17,183 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -7.1% per year.

Imports of Coriander Seeds, Crushed or Ground in Ireland

In 2022, the amount of coriander seeds, crushed or ground imported into Ireland stood at 79 tons, with an increase of 2.9% compared with the previous year's figure. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 152% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, coriander seeds, crushed or ground imports totaled $381K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 149%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. United Kingdom (39.2 tons)
2. Belgium (15.4 tons)
3. Spain (8.9 tons)
4. India (4.7 tons)
5. Netherlands (3.0 tons)
6. Austria (2.4 tons)
7. Turkey (2.0 tons)
8. Russia (1.2 tons)

Exports of Coriander Seeds, Crushed or Ground in Ireland

Coriander seeds, crushed or ground exports from Ireland soared to 3.6 tons in 2022, with an increase of 74% compared with 2021 figures. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 207%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, coriander seeds, crushed or ground exports skyrocketed to $41K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 264% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. United Kingdom (3.6 tons)

Source: IndexBox Market Intelligence Platform