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

Contents:

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

Price for Coriander Seeds, Neither Crushed Nor Ground in Hungary (CIF) - 2022

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $1,606 per ton, with an increase of 7% against the previous year. Overall, the import price continues to indicate a moderate expansion. The growth pace was the most rapid in 2013 an increase of 172%. As a result, import price reached the peak level of $3,513 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($4,966 per ton), while the price for Slovenia ($902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+53.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Coriander Seeds, Neither Crushed Nor Ground in Hungary (FOB) - 2022

The average export price for coriander seeds, neither crushed nor ground stood at $2,190 per ton in 2022, rising by 3.9% against the previous year. Overall, the export price posted a noticeable expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 162%. As a result, the export price attained the peak level of $4,573 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($2,783 per ton), while the average price for exports to Croatia ($1,625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Hungary

After three years of growth, purchases abroad of coriander seeds, neither crushed nor ground decreased by -17.2% to 63 tons in 2022. The total import volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year.

In value terms, imports of coriander seeds, neither crushed nor ground contracted to $101K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, imports attained the peak of $123K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Coriander Seeds, Neither Crushed Nor Ground in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/A18.419.34.9%
Austria19.418.021.216.5-5.3%
Poland9.01.1N/A15.118.8%
Latvia13.65.03.913.3-0.7%
Slovakia0.94.35.811.3132.4%
SerbiaN/AN/A2.89.8250.0%
Netherlands1.126.919.04.863.4%
BulgariaN/AN/A28.04.1-85.4%
Germany8.239.62.80.2-71.0%
RussiaN/A16.8N/AN/A0%
Egypt6.93.64.0N/A-23.9%
Ukraine8.9N/AN/AN/A0%
Others3.77.67.96.621.3%
Total71.912311410112.0%

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

  1. Slovenia (21.3 tons)
  2. Latvia (10.6 tons)
  3. Poland (9.3 tons)
  4. Serbia (6.8 tons)
  5. Netherlands (3.9 tons)
  6. Austria (3.3 tons)
  7. Slovakia (2.3 tons)
  8. Bulgaria (2.1 tons)
  9. Germany (0.1 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Hungary

Exports of coriander seeds, neither crushed nor ground from Hungary reduced rapidly to 25 tons in 2022, falling by -38.5% compared with the previous year's figure. Overall, exports, however, showed a strong increase. The growth pace was the most rapid in 2021 with an increase of 597% against the previous year. As a result, the exports attained the peak of 41 tons, and then contracted rapidly in the following year.

In value terms, exports of coriander seeds, neither crushed nor ground contracted significantly to $56K in 2022. In general, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 730% against the previous year. As a result, the exports attained the peak of $87K, and then fell rapidly in the following year.

Export of Coriander Seeds, Neither Crushed Nor Ground in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany33.32.272.341.17.3%
Czech Republic0.10.10.15.8287.1%
Romania0.21.02.72.9143.8%
CroatiaN/A0.80.11.641.4%
GreeceN/A0.3N/A1.2100.0%
AustriaN/A0.30.60.973.2%
Others3.25.911.42.1-13.1%
Total36.810.587.355.714.8%

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

  1. Germany (18.4 tons)
  2. Czech Republic (3.1 tons)
  3. Romania (1.1 tons)
  4. Croatia (1.0 tons)
  5. Greece (0.7 tons)
  6. Austria (0.5 tons)

Source: IndexBox Market Intelligence Platform

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