Weekly Review – Coriander
05-Sep-2026 07:58 PM
No Major Downturn in Coriander Prices: Low Stocks
New Delhi. Coriander prices traded with a softer tone during the current week. Notably, the record surge in prices has dampened both export and local demand at these high levels, causing prices to drop by ₹2–3 per kilogram. Sources indicate that while prices might dip by another ₹2–3 per kilogram in the near term, an upward trend is expected to resume after September 15. This is due to persistent stock shortages and anticipated rising demand from those preparing for the next sowing season. Consequently, prices are projected to rise by ₹8–10 per kilogram during September and October, provided there are no imports in the interim.
Industry sources state that while some coriander was imported previously, no imports are currently taking place. Market talk suggests that shipments for coriander deals contracted by importers from Russia are stalled, making imports unlikely in the immediate future. Sources note that although deals for approximately 200–250 containers were finalized with Russia—and about 80–100 containers had previously been imported from Russia and Bulgaria—loading operations have halted due to ongoing unrest.
Production
It is noteworthy that domestic coriander production has been declining over the past three years, largely attributed to producers failing to receive fair prices for their crops. According to available data, the country recorded a peak production of 16 million (1.60 crore) bags in 2023, which fell to 12 million (1.20 crore) bags in 2024. Production stood at 11 million (1.10 crore) bags in 2025 and further declined to 9.5–9.7 million (95–97 lakh) bags in 2026. Coriander production in Madhya Pradesh for the current season is estimated at 42–44 lakh bags, while Gujarat's production is projected at 38–40 lakh bags. Production in Rajasthan is estimated at 12–13 lakh bags.
Stocks
According to reports from producing centers, coriander stocks are estimated at 8–10 lakh bags in Gujarat and 10–12 lakh bags in Madhya Pradesh, while stocks in Rajasthan are projected at 4–5 lakh bags.
Increased Sowing
Due to the record surge in coriander prices during the current season, sowing is forecast to increase by 30–40% in the major producing states of Gujarat, Madhya Pradesh, and Rajasthan for the upcoming season. Notably, the price of 'Eagle' quality coriander in producing-center markets was ₹70–75 per kg last year, whereas it is currently quoted at ₹140–145 per kg.
No Significant Downturn
Although coriander prices are currently showing a softening trend, a significant drop in prices is unlikely due to low stock levels and the fact that existing stocks are held by strong hands. Sources indicate that current stocks at producing centers stand at 25–27 lakh bags, while there are still approximately six months remaining before the arrival of the new crop. The requirement for coriander over the next six months is estimated at 42–45 lakh bags; consequently, prices are expected to rise again in the future.
Exports
Due to high prices, the volume of coriander exports declined by 24% in the first quarter of 2026–27; however, export earnings recorded a 12% increase due to higher realization prices. According to data released by the Spices Board, coriander exports during the April–June 2026 period stood at 14,556 tonnes, generating earnings of ₹214.52 crore. In contrast, exports during the April–June 2025 period amounted to 19,101 tonnes, with earnings of ₹191.57 crore. During the 2025–26 fiscal year (April–March), total coriander exports stood at 60,211 tonnes, yielding earnings of ₹679.70 crore.