Price for Coriander Seeds, Neither Crushed Nor Ground in Switzerland - 2024

Contents:

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

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

In 2022, the average import price for coriander seeds, neither crushed nor ground amounted to $3,601 per ton, remaining relatively unchanged against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for coriander seeds, neither crushed nor ground decreased by -22.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $4,666 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($18,855 per ton), while the price for Bulgaria ($1,727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for coriander seeds, neither crushed nor ground stood at $13,793 per ton in 2022, rising by 35% against the previous year. Over the period under review, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 596% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +23.4% per year.

Imports of Coriander Seeds, Neither Crushed Nor Ground in Switzerland

After two years of decline, purchases abroad of coriander seeds, neither crushed nor ground increased by 23% to 220 tons in 2022. Over the period under review, imports, however, continue to indicate a noticeable reduction.

In value terms, imports of coriander seeds, neither crushed nor ground surged to $792K in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of $977K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Morocco (100.3 tons)
2. India (35.8 tons)
3. France (29.5 tons)
4. Bulgaria (28.3 tons)
5. Austria (8.8 tons)
6. Germany (5.7 tons)
7. Russia (3.7 tons)
8. United Kingdom (1.8 tons)

Exports of Coriander Seeds, Neither Crushed Nor Ground in Switzerland

For the fourth consecutive year, Switzerland recorded growth in overseas shipments of coriander seeds, neither crushed nor ground, which increased by 150% to 57 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,715% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of coriander seeds, neither crushed nor ground soared to $786K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 6,032%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. United Kingdom (56.9 tons)

Source: IndexBox Market Intelligence Platform