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

Contents:

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

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

In 2022, the average import price for coriander seeds, crushed or ground amounted to $4,545 per ton, dropping by -1.9% against the previous year. In general, the import price, however, continues to indicate a significant expansion. The growth pace was the most rapid in 2019 when the average import price increased by 80%. The import price peaked at $4,633 per ton in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($9,037 per ton), while the price for Canada ($3,978 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+59.8%).

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

The average export price for coriander seeds, crushed or ground stood at $1,155 per ton in 2022, with an increase of 45% against the previous year. Overall, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 85% against the previous year. As a result, the export price attained the peak level of $1,314 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,651 per ton), while the average price for exports to Brazil ($379 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 Uruguay (+353.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coriander Seeds, Crushed or Ground in Argentina

In 2022, overseas purchases of coriander seeds, crushed or ground decreased by -23.6% to 55 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports reached the peak of 72 kg, and then reduced remarkably in the following year.

In value terms, coriander seeds, crushed or ground imports declined rapidly to $250 in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 101% against the previous year.

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

1. Canada (36.0 kg)
2. Hungary (9.0 kg)
3. Netherlands (1.0 kg)

Exports of Coriander Seeds, Crushed or Ground in Argentina

In 2022, after two years of decline, there was significant growth in shipments abroad of coriander seeds, crushed or ground, when their volume increased by 63% to 42 tons. Overall, exports, however, saw a precipitous slump.

In value terms, coriander seeds, crushed or ground exports surged to $49K in 2022. In general, exports, however, showed a dramatic curtailment.

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

1. United Arab Emirates (15.3 tons)
2. United Kingdom (13.9 tons)
3. South Africa (6.7 tons)
4. Indonesia (2.8 tons)
5. Chile (1.8 tons)
6. Brazil (1.7 tons)

Source: IndexBox Market Intelligence Platform