Top Coriander Exporting and Importing Countries Who Controls the Market

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Top Coriander Exporting and Importing Countries Who Controls the Market

Introduction

Coriander is a popular herb that is widely used in cuisines around the world for its unique flavor and aroma. As the demand for coriander continues to grow, the global market for coriander exports and imports has also seen significant growth. In this report, we will explore the top coriander exporting and importing countries and analyze who controls the market.

Top Coriander Exporting Countries

India

India is the largest exporter of coriander in the world. The country’s favorable climate conditions and large-scale coriander cultivation make it a major player in the global coriander market. In 2020, India exported over 100,000 metric tons of coriander, with a total export value of $150 million.

Russia

Russia is another significant player in the coriander export market. The country’s coriander exports have been steadily increasing in recent years, with a volume of over 30,000 metric tons in 2020. Russia’s coriander exports are valued at around $50 million.

China

China is also a major coriander exporting country, with a significant share of the global market. In 2020, China exported over 20,000 metric tons of coriander, with a total export value of $30 million.

Top Coriander Importing Countries

United States

The United States is the largest importer of coriander in the world. The country’s demand for coriander is driven by the growing popularity of ethnic cuisines that use coriander as a key ingredient. In 2020, the United States imported over 50,000 metric tons of coriander, with a total import value of $80 million.

United Kingdom

The United Kingdom is another major importer of coriander. The country’s diverse culinary scene and multicultural population contribute to the high demand for coriander. In 2020, the United Kingdom imported over 20,000 metric tons of coriander, with a total import value of $40 million.

Germany

Germany is also a significant importer of coriander. The country’s strong economy and large food processing industry drive the demand for coriander as a key ingredient in various food products. In 2020, Germany imported over 15,000 metric tons of coriander, with a total import value of $25 million.

Who Controls the Market?

The global coriander market is largely dominated by countries with favorable climate conditions for coriander cultivation and a strong agricultural sector. India, with its vast coriander cultivation areas and efficient export infrastructure, holds a significant share of the market as the top exporter. The United States, with its high demand for coriander and strong purchasing power, leads the market as the top importer.
While India and the United States play a major role in the global coriander market, other countries such as Russia, China, the United Kingdom, and Germany also contribute significantly to the market dynamics. These countries’ import and export volumes and values reflect their position in the global coriander trade.

Conclusion

In conclusion, the global coriander market is driven by the demand for coriander in various cuisines and food products around the world. Countries like India, the United States, Russia, China, the United Kingdom, and Germany play a crucial role in the market as top exporters and importers. Understanding the market dynamics and the key players in the coriander trade is essential for businesses and stakeholders looking to capitalize on the growing demand for this popular herb.