Price for Coriander Seeds, Neither Crushed Nor Ground in Kenya - 2022

Contents:

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

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

The average import price for coriander seeds, neither crushed nor ground stood at $1,611 per ton in 2022, picking up by 32% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 115%. The import price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,977 per ton), while the price for Ethiopia ($255 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+168.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, neither crushed nor ground stood at $2,171 per ton in 2022, dropping by -49.2% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 74% against the previous year. The export price peaked at $4,276 per ton in 2021, and then dropped markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +223.8% per year.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Kenya

In 2022, overseas purchases of coriander seeds, neither crushed nor ground decreased by -45.7% to 191 tons, falling for the second year in a row after two years of growth. In general, imports saw a pronounced decrease. The pace of growth was the most pronounced in 2020 when imports increased by 190% against the previous year. As a result, imports reached the peak of 603 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 declined dramatically to $307K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 169% against the previous year.

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

1. Italy (85.4 tons)
2. India (70.2 tons)
3. Ethiopia (20.0 tons)
4. United States (13.0 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Kenya

In 2022, approx. 41 kg of coriander seeds, neither crushed nor ground were exported from Kenya; which is down by -95.5% against the year before. Overall, exports continue to indicate a sharp curtailment. The smallest decline of -9.2% was in 2020.

In value terms, exports of coriander seeds, neither crushed nor ground declined rapidly to $89 in 2022. Over the period under review, exports faced a precipitous contraction. The smallest decline of -8.1% was in 2020.

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

1. Democratic Republic of the Congo (11.0 kg)

Source: IndexBox Market Intelligence Platform