Price for Coriander Seeds, Crushed or Ground in Pakistan - 2023
Contents:
- Price for Coriander Seeds, Crushed or Ground in Pakistan (FOB) - 2022
- Price for Coriander Seeds, Crushed or Ground in Pakistan (CIF) - 2022
- Exports of Coriander Seeds, Crushed or Ground in Pakistan
- Imports of Coriander Seeds, Crushed or Ground in Pakistan
Price for Coriander Seeds, Crushed or Ground in Pakistan (FOB) - 2022
The average export price for coriander seeds, crushed or ground stood at $3,574 per ton in 2022, increasing by 4.5% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coriander seeds, crushed or ground export price increased by +16.8% against 2019 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs at $3,602 per ton in 2018; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($4,153 per ton), while the average price for exports to New Zealand ($1,468 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 Kuwait (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Coriander Seeds, Crushed or Ground in Pakistan (CIF) - 2022
The average import price for coriander seeds, crushed or ground stood at $1,487 per ton in 2022, which is down by -6.1% against the previous year. Over the period under review, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 32%. Over the period under review, average import prices reached the maximum at $2,185 per ton in 2012; however, from 2013 to 2022, 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 India ($2,747 per ton), while the price for Myanmar ($1,249 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Coriander Seeds, Crushed or Ground in Pakistan
In 2022, exports of coriander seeds, crushed or ground from Pakistan rose rapidly to 121 tons, surging by 10% compared with 2021 figures. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 64% against the previous year. As a result, the exports attained the peak of 158 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, coriander seeds, crushed or ground exports stood at $431K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 87% against the previous year. As a result, the exports reached the peak of $550K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Coriander Seeds, Crushed or Ground in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 171 | 380 | 220 | 263 | 15.4% |
| Kuwait | 15.7 | 47.2 | 34.0 | 34.0 | 29.4% |
| Canada | 5.0 | 12.5 | 5.1 | 27.2 | 75.9% |
| South Korea | 4.0 | 4.1 | 16.3 | 16.4 | 60.1% |
| Qatar | 10.8 | 13.6 | 3.6 | 9.6 | -3.9% |
| United States | 23.4 | 20.6 | 28.7 | 8.2 | -29.5% |
| Japan | 9.6 | 10.4 | 12.4 | 7.4 | -8.3% |
| Australia | 1.1 | 1.8 | 1.6 | 7.0 | 85.3% |
| Bahrain | 4.7 | 8.1 | 6.7 | 6.7 | 12.5% |
| United Kingdom | 16.1 | 12.1 | 8.7 | 5.8 | -28.8% |
| New Zealand | 5.9 | 5.5 | 1.3 | 4.3 | -10.0% |
| Others | 26.7 | 33.7 | 36.4 | 41.4 | 15.7% |
| Total | 295 | 550 | 375 | 431 | 13.5% |
Top Export Markets for Coriander Seeds, Crushed or Ground from Pakistan in 2022:
- Saudi Arabia (70.6 tons)
- Kuwait (8.2 tons)
- Canada (7.3 tons)
- South Korea (4.3 tons)
- Qatar (3.3 tons)
- United States (3.2 tons)
- New Zealand (3.0 tons)
- United Kingdom (2.9 tons)
- Japan (2.4 tons)
- Bahrain (1.8 tons)
- Australia (1.8 tons)
Imports of Coriander Seeds, Crushed or Ground in Pakistan
Coriander seeds, crushed or ground imports into Pakistan shrank slightly to 3.6 tons in 2022, with a decrease of -1.9% compared with 2021. In general, imports saw a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 3.8%.
In value terms, coriander seeds, crushed or ground imports dropped to $5.3K in 2022. Overall, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.
| Import of Coriander Seeds, Crushed or Ground in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.5 | 3.2 | 3.5 | 3.2 | -24.7% |
| United Arab Emirates | 1.2 | 1.2 | 1.3 | 1.2 | 0.0% |
| Myanmar | 0.7 | 0.1 | 0.3 | 0.5 | -10.6% |
| Iran | 0.6 | 0.1 | 0.3 | 0.2 | -30.7% |
| India | 0.6 | 0.2 | 0.3 | 0.2 | -30.7% |
| Others | 0.4 | N/A | 0.1 | N/A | -50.0% |
| Total | 11.1 | 4.8 | 5.7 | 5.3 | -21.8% |
Top Suppliers of Coriander Seeds, Crushed or Ground to Pakistan in 2022:
- Russia (2300.0 kg)
- United Arab Emirates (653.0 kg)
- Myanmar (367.0 kg)
- Iran (147.0 kg)
- India (85.0 kg)
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