Price for Coriander Seeds, Crushed or Ground in Portugal - 2023
Contents:
- Price for Coriander Seeds, Crushed or Ground in Portugal (CIF) - 2022
- Price for Coriander Seeds, Crushed or Ground in Portugal (FOB) - 2022
- Imports of Coriander Seeds, Crushed or Ground in Portugal
- Exports of Coriander Seeds, Crushed or Ground in Portugal
Price for Coriander Seeds, Crushed or Ground in Portugal (CIF) - 2022
In 2022, the average import price for coriander seeds, crushed or ground amounted to $4,122 per ton, waning by -27.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $5,782 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,935 per ton), while the price for Spain ($2,305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Coriander Seeds, Crushed or Ground in Portugal (FOB) - 2022
In 2022, the average export price for coriander seeds, crushed or ground amounted to $6,225 per ton, shrinking by -4.9% against the previous year. In general, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs at $19,997 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($13,757 per ton), while the average price for exports to Belgium ($774 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 Belgium (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Coriander Seeds, Crushed or Ground in Portugal
In 2022, overseas purchases of coriander seeds, crushed or ground decreased by -18% to 5.1 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 -23.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 74%. As a result, imports attained the peak of 6.6 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, coriander seeds, crushed or ground imports fell sharply to $21K in 2022. In general, imports, however, posted perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year.
| Import of Coriander Seeds, Crushed or Ground in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 12.2 | 20.6 | 21.5 | 7.6 | -14.6% |
| Spain | 4.3 | 11.8 | 7.8 | 6.4 | 14.2% |
| Poland | N/A | N/A | N/A | 3.6 | 0% |
| Netherlands | 0.8 | 0.6 | 1.0 | 1.5 | 23.3% |
| Italy | 0.6 | N/A | 0.2 | 1.1 | 22.4% |
| India | 0.6 | N/A | 4.2 | N/A | 164.6% |
| Others | 0.5 | 2.1 | 0.6 | 0.8 | 17.0% |
| Total | 19.0 | 35.2 | 35.4 | 21.0 | 3.4% |
Top Suppliers of Coriander Seeds, Crushed or Ground to Portugal in 2022:
- Spain (2791.0 kg)
- France (1095.0 kg)
- Poland (573.0 kg)
- Netherlands (408.0 kg)
- Italy (155.0 kg)
- India (7.0 kg)
Exports of Coriander Seeds, Crushed or Ground in Portugal
Coriander seeds, crushed or ground exports from Portugal rose markedly to 1.8 tons in 2022, surging by 9.5% compared with 2021 figures. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 148%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, coriander seeds, crushed or ground exports reached $11K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Coriander Seeds, Crushed or Ground in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 1.5 | 1.5 | 2.0 | 4.9 | 48.4% |
| Switzerland | 1.3 | 3.9 | 5.4 | 4.4 | 50.1% |
| Cabo Verde | 0.3 | 0.3 | 0.7 | 0.5 | 18.6% |
| Luxembourg | 0.1 | 0.4 | 0.3 | 0.2 | 26.0% |
| France | 0.4 | 1.5 | 0.9 | 0.2 | -20.6% |
| Belgium | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.5 | 0.7 | 1.2 | 0.7 | 11.9% |
| Total | 4.2 | 8.3 | 10.5 | 11.0 | 37.8% |
Top Export Markets for Coriander Seeds, Crushed or Ground from Portugal in 2022:
- Switzerland (740.0 kg)
- Angola (650.0 kg)
- Luxembourg (190.0 kg)
- Cabo Verde (60.0 kg)
- Belgium (31.0 kg)
- France (24.0 kg)
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