Price for Cumin Seeds, Crushed or Ground in Egypt - 2023

Contents:

1. Price for Cumin Seeds, Crushed or Ground in Egypt (FOB) - 2022
2. Price for Cumin Seeds, Crushed or Ground in Egypt (CIF) - 2022
3. Exports of Cumin Seeds, Crushed or Ground in Egypt
4. Imports of Cumin Seeds, Crushed or Ground in Egypt

Price for Cumin Seeds, Crushed or Ground in Egypt (FOB) - 2022

In 2022, the average export price for cumin seeds, crushed or ground amounted to $4,145 per ton, increasing by 19% against the previous year. Overall, export price indicated resilient growth from 2014 to 2022: its price increased at an average annual rate of +5.2% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cumin seeds, crushed or ground export price decreased by -1.8% against 2020 indices. The growth pace was the most rapid in 2020 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $4,223 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($4,200 per ton) and Saudi Arabia ($4,145 per ton), while the average price for exports to Paraguay ($4,145 per ton) and Tunisia ($4,145 per ton) were amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cumin Seeds, Crushed or Ground in Egypt (CIF) - 2022

The average import price for cumin seeds, crushed or ground stood at $3,990 per ton in 2022, with an increase of 9.7% against the previous year. Overall, the import price, however, showed a noticeable contraction. The growth pace was the most rapid in 2019 an increase of 48% against the previous year. The import price peaked at $5,263 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Jordan ($3,990 per ton), while the price for Syrian Arab Republic ($3,990 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+81.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cumin Seeds, Crushed or Ground in Egypt

In 2022, cumin seeds, crushed or ground exports from Egypt fell to 294 tons, remaining relatively unchanged against 2021. In general, exports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year.

In value terms, cumin seeds, crushed or ground exports skyrocketed to $1.2M in 2022. Overall, exports saw a abrupt decline.

Top Export Markets for Cumin Seeds, Crushed or Ground from Egypt in 2022:

1. United States (undefined tons)
2. Morocco (148.8 tons)
3. Saudi Arabia (107.8 tons)
4. Paraguay (25.7 tons)
5. Tunisia (7.6 tons)

Imports of Cumin Seeds, Crushed or Ground in Egypt

In 2022, approx. 16 tons of cumin seeds, crushed or ground were imported into Egypt; declining by -78.9% on the year before. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 402% against the previous year. As a result, imports attained the peak of 75 tons, and then reduced markedly in the following year.

In value terms, cumin seeds, crushed or ground imports declined remarkably to $63K in 2022. Overall, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 400%. As a result, imports attained the peak of $273K, and then contracted remarkably in the following year.

Top Suppliers of Cumin Seeds, Crushed or Ground to Egypt in 2022:

1. Syrian Arab Republic (8.3 tons)
2. India (5.4 tons)
3. Jordan (2.1 tons)

Source: IndexBox Market Intelligence Platform