Price for Cumin Seeds, Crushed or Ground in Denmark - 2023
Contents:
- Price for Cumin Seeds, Crushed or Ground in Denmark (CIF) - 2022
- Price for Cumin Seeds, Crushed or Ground in Denmark (FOB) - 2022
- Imports of Cumin Seeds, Crushed or Ground in Denmark
- Exports of Cumin Seeds, Crushed or Ground in Denmark
Price for Cumin Seeds, Crushed or Ground in Denmark (CIF) - 2022
In 2022, the average import price for cumin seeds, crushed or ground amounted to $7,149 per ton, shrinking by -27.2% against the previous year. Overall, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 21%. The import price peaked at $9,818 per ton in 2021, and then contracted sharply in the following year.
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 Sweden ($22,323 per ton), while the price for Turkey ($2,700 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cumin Seeds, Crushed or Ground in Denmark (FOB) - 2022
The average export price for cumin seeds, crushed or ground stood at $9,810 per ton in 2022, rising by 9% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 40%. As a result, the export price attained the peak level of $19,066 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($18,286 per ton), while the average price for exports to France ($8,558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cumin Seeds, Crushed or Ground in Denmark
For the fourth year in a row, Denmark recorded growth in supplies from abroad of cumin seeds, crushed or ground, which increased by 65% to 128 tons in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cumin seeds, crushed or ground imports surged to $918K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cumin Seeds, Crushed or Ground in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 142 | 121 | 137 | 297 | 27.9% |
| Netherlands | 6.9 | 15.0 | 241 | 250 | 230.9% |
| Sweden | 233 | 234 | 232 | 138 | -16.0% |
| Spain | N/A | N/A | N/A | 90.5 | 0% |
| Poland | N/A | N/A | 78.2 | 49.2 | -37.1% |
| United Kingdom | 60.7 | 67.5 | 20.5 | 48.6 | -7.1% |
| India | N/A | 0.8 | 29.6 | 34.3 | 554.8% |
| Turkey | 37.7 | 131 | 20.6 | 0.1 | -86.2% |
| Syrian Arab Republic | 60.9 | 27.7 | N/A | N/A | -54.5% |
| Others | 18.5 | 55.3 | 7.2 | 10.3 | -17.7% |
| Total | 560 | 652 | 766 | 918 | 17.9% |
Top Suppliers of Cumin Seeds, Crushed or Ground to Denmark in 2022:
- Turkey (undefined tons)
- Netherlands (52.6 tons)
- Germany (36.0 tons)
- United Kingdom (10.9 tons)
- India (8.5 tons)
- Spain (8.2 tons)
- Sweden (6.2 tons)
- Poland (4.5 tons)
Exports of Cumin Seeds, Crushed or Ground in Denmark
In 2022, cumin seeds, crushed or ground exports from Denmark surged to 12 tons, growing by 175% on the year before. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cumin seeds, crushed or ground exports surged to $118K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cumin Seeds, Crushed or Ground in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 11.5 | 12.5 | 9.5 | 67.6 | 80.5% |
| Sweden | 14.1 | 12.6 | 8.0 | 22.6 | 17.0% |
| France | 3.9 | 4.0 | 8.9 | 12.9 | 49.0% |
| Finland | 2.2 | 5.4 | 4.6 | 7.0 | 47.1% |
| Faroe Islands | 3.0 | 2.9 | 3.5 | 2.9 | -1.1% |
| Netherlands | 1.7 | 0.9 | 0.8 | 0.9 | -19.1% |
| Estonia | N/A | 6.0 | N/A | 0.9 | -61.3% |
| Germany | 3.0 | 5.0 | N/A | 0.1 | -67.8% |
| Others | 4.3 | 2.9 | 3.9 | 2.8 | -13.3% |
| Total | 43.7 | 52.3 | 39.2 | 118 | 39.3% |
Top Export Markets for Cumin Seeds, Crushed or Ground from Denmark in 2022:
- Germany (undefined tons)
- Norway (6.8 tons)
- Sweden (2.3 tons)
- France (1.5 tons)
- Finland (0.6 tons)
- Faroe Islands (0.3 tons)
- Netherlands (0.1 tons)
- Estonia (0.1 tons)
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