Price for Coriander Seeds, Neither Crushed Nor Ground in Canada - 2023

Contents:

1. Price for Coriander Seeds, Neither Crushed Nor Ground in Canada (FOB) - 2023
2. Price for Coriander Seeds, Neither Crushed Nor Ground in Canada (CIF) - 2023
3. Exports of Coriander Seeds, Neither Crushed Nor Ground in Canada
4. Imports of Coriander Seeds, Neither Crushed Nor Ground in Canada

Price for Coriander Seeds, Neither Crushed Nor Ground in Canada (FOB) - 2023

The average export price for coriander seeds, neither crushed nor ground stood at $1,990 per ton in December 2023, increasing by 4.4% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 44% month-to-month. As a result, the export price attained the peak level of $2,468 per ton. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In December 2023, the country with the highest price was Japan ($2,044 per ton), while the average price for exports to the United States totaled $1,984 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.4%), while the prices for the other major destinations experienced a decline.

Price for Coriander Seeds, Neither Crushed Nor Ground in Canada (CIF) - 2023

The average import price for coriander seeds, neither crushed nor ground stood at $2,469 per ton in December 2023, waning by -7.7% against the previous month. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 98% against the previous month. Over the period under review, average import prices attained the peak figure at $6,375 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Egypt ($7,237 per ton), while the price for India ($2,286 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Morocco (+0.7%), while the prices for the other major suppliers experienced a decline.

Exports of Coriander Seeds, Neither Crushed Nor Ground in Canada

In 2022, the amount of coriander seeds, neither crushed nor ground exported from Canada declined markedly to 2K tons, waning by -34.8% compared with the previous year's figure. Overall, exports faced a precipitous setback. The smallest decline of -6.7% was in 2021.

In value terms, exports of coriander seeds, neither crushed nor ground reduced to $3.8M in 2022. In general, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 10% against the previous year. As a result, the exports attained the peak of $4.3M, and then contracted in the following year.

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

1. United States (1793.0 tons)
2. Japan (95.3 tons)
3. Guyana (72.2 tons)
4. Trinidad and Tobago (40.8 tons)

Imports of Coriander Seeds, Neither Crushed Nor Ground in Canada

In 2022, imports of coriander seeds, neither crushed nor ground into Canada stood at 458 tons, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of 502 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of coriander seeds, neither crushed nor ground reduced modestly to $1.3M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35%.

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

1. India (326.9 tons)
2. United States (66.4 tons)
3. Morocco (23.1 tons)
4. Argentina (20.0 tons)
5. Mexico (5.2 tons)
6. Bulgaria (0.4 tons)

Source: IndexBox Market Intelligence Platform