Price for Cumin Seeds, Crushed or Ground in Greece - 2023
Contents:
- Price for Cumin Seeds, Crushed or Ground in Greece (CIF) - 2022
- Price for Cumin Seeds, Crushed or Ground in Greece (FOB) - 2022
- Imports of Cumin Seeds, Crushed or Ground in Greece
- Exports of Cumin Seeds, Crushed or Ground in Greece
Price for Cumin Seeds, Crushed or Ground in Greece (CIF) - 2022
The average import price for cumin seeds, crushed or ground stood at $4,079 per ton in 2022, with a decrease of -10.9% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cumin seeds, crushed or ground import price increased by +61.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 62%. As a result, import price attained the peak level of $4,577 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,153 per ton), while the price for Turkey ($2,552 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cumin Seeds, Crushed or Ground in Greece (FOB) - 2022
The average export price for cumin seeds, crushed or ground stood at $9,293 per ton in 2022, with a decrease of -2.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2017 an increase of 43% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,543 per ton in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($26,684 per ton), while the average price for exports to Switzerland ($6,880 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 Albania (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cumin Seeds, Crushed or Ground in Greece
After two years of decline, purchases abroad of cumin seeds, crushed or ground increased by 49% to 37 tons in 2022. Overall, imports, however, continue to indicate a noticeable setback.
In value terms, cumin seeds, crushed or ground imports surged to $152K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.6% 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 Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.2 | 45.4 | 48.0 | 57.2 | 13.4% |
| Spain | 15.6 | 12.2 | 4.9 | 29.7 | 23.9% |
| Bangladesh | 16.0 | 25.2 | 41.3 | 27.4 | 19.6% |
| Turkey | 2.5 | N/A | 0.5 | 16.6 | 88.0% |
| Netherlands | 6.1 | 6.9 | 4.1 | 11.4 | 23.2% |
| Bulgaria | 2.0 | 2.9 | 1.8 | 6.6 | 48.9% |
| Pakistan | 2.5 | 3.8 | N/A | 1.5 | -15.7% |
| India | 13.3 | 1.3 | N/A | 1.1 | -56.4% |
| Others | 5.1 | 7.1 | 13.9 | 0.6 | -51.0% |
| Total | 102 | 105 | 114 | 152 | 14.2% |
Top Suppliers of Cumin Seeds, Crushed or Ground to Greece in 2022:
- Spain (10.7 tons)
- Bangladesh (8.0 tons)
- Germany (7.0 tons)
- Turkey (6.5 tons)
- Netherlands (2.6 tons)
- Bulgaria (1.6 tons)
- India (0.4 tons)
- Pakistan (0.3 tons)
Exports of Cumin Seeds, Crushed or Ground in Greece
For the third consecutive year, Greece recorded decline in overseas shipments of cumin seeds, crushed or ground, which decreased by -5.5% to 796 kg in 2022. Overall, exports showed a deep reduction.
In value terms, cumin seeds, crushed or ground exports declined to $7.4K in 2022. Over the period under review, exports continue to indicate a abrupt decline. The smallest decline of -2.6% was in 2020.
| Export of Cumin Seeds, Crushed or Ground in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.4 | 3.6 | 3.6 | 2.6 | 2.7% |
| Cyprus | 2.5 | 0.9 | 1.3 | 2.1 | -5.6% |
| Germany | 1.5 | 2.1 | 1.5 | 1.1 | -9.8% |
| Netherlands | 0.7 | 0.5 | 0.8 | 0.7 | 0.0% |
| Austria | N/A | N/A | N/A | 0.5 | 0% |
| Poland | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Albania | 1.3 | N/A | N/A | N/A | 0% |
| United States | N/A | 0.9 | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.8 | 0.1 | -30.7% |
| Total | 8.7 | 8.5 | 8.0 | 7.4 | -5.3% |
Top Export Markets for Cumin Seeds, Crushed or Ground from Greece in 2022:
- Switzerland (376.0 kg)
- Cyprus (149.0 kg)
- Germany (138.0 kg)
- Netherlands (63.0 kg)
- Poland (40.0 kg)
- Austria (19.0 kg)
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