India has been outpaced by Russia as the largest exporter of Coriander in the international market. Nearly 45,000 tons of Coriander has been shipped by Russia during Jan-Aug 2016, and is well set to capture a third of the global market, as per Russian Export Centre (REC).
In the first eight months of 2016, Russia exported more Coriander than it did in all of 2015. During January to August 43,500 tonnes of Coriander was shipped against 31,500 tonnes in 2015. The figure was only 9,000 tonnes in 2014.
India was the major market for Russia with 58% of it’s Coriander exports. Other major purchases were done by countries in South Asia – Sri Lanka, Pakistan, Nepal, and Indonesia, Europe, and the Middle East, as per REC statement.
During April to July 2016, India imported around 16,380 tonnes of Coriander compared with 899 tonnes during the same period last year, which has pressured domestic prices.