Coriander seed prices have risen significantly compared to last year, and based on current market conditions, we expect that trend to continue at least until new-crop supply from India and Argentina reaches the market. Buyers planning coriander purchases this season should factor in tighter supply and higher costs than in recent years. Here's what's driving it.
1. Ukrainian exports remain impaired
Damage to port infrastructure in Ukraine continues to restrict the country's ability to move agricultural commodities, coriander included, out through its traditional Black Sea export routes. As Ukrainian volumes have been constrained, trade flows in the region have shifted — a larger share of Black Sea-origin coriander is now moving to international buyers through Bulgarian ports (Varna, Burgas) and Romanian ports (Constanța) instead. That rerouting adds logistical complexity and cost to a supply chain that was already under pressure.
2. Black Sea regional supply is not abundant
Available quantities of coriander from Black Sea origins — Bulgaria, Romania and the wider region — are limited this season. With less volume in the pipeline, competition for available stock has increased, which is feeding directly into the price levels we're seeing.
3. Relief likely tied to the India and Argentina harvests
India and Argentina are two of the world's largest coriander producers, and new-crop supply from both origins typically eases global price pressure once it reaches the market. Until then, we expect prices to stay elevated, with the Black Sea supply squeeze and disrupted Ukrainian exports continuing to support the current market.
What this means for buyers
If coriander seeds are part of your production planning for the coming months, it's worth locking in supply sooner rather than later. We're happy to talk through volumes, timing and contract options — reach out to our team for current pricing and availability.