Price for Cumin Seeds, Crushed or Ground in Jordan - 2022

Contents:

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

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

In 2022, the average import price for cumin seeds, crushed or ground amounted to $4,339 per ton, picking up by 21% against the previous year. Overall, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2015 when the average import price increased by 51% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Bangladesh ($4,340 per ton) and Saudi Arabia ($4,339 per ton), while the price for Afghanistan ($4,338 per ton) and Syrian Arab Republic ($4,338 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cumin seeds, crushed or ground amounted to $4,189 per ton, which is down by -2% against the previous year. In general, the export price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of 117% against the previous year. The export price peaked at $8,348 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kuwait.

From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +43.4% per year.

Imports of Cumin Seeds, Crushed or Ground in Jordan

In 2022, approx. 72 tons of cumin seeds, crushed or ground were imported into Jordan; growing by 34% against 2021 figures. The total import volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cumin seeds, crushed or ground imports soared to $312K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Syrian Arab Republic (51.1 tons)
2. Afghanistan (18.1 tons)
3. Bangladesh (1.6 tons)
4. Saudi Arabia (1.3 tons)

Exports of Cumin Seeds, Crushed or Ground in Jordan

In 2022, after three years of growth, there was significant decline in shipments abroad of cumin seeds, crushed or ground, when their volume decreased by -87.7% to 3.8 tons. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 162% against the previous year. As a result, the exports reached the peak of 31 tons, and then declined markedly in the following year.

In value terms, cumin seeds, crushed or ground exports shrank rapidly to $16K in 2022. In general, exports showed a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 179%. As a result, the exports reached the peak of $133K, and then shrank sharply in the following year.

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

1. Kuwait (3.8 tons)

Source: IndexBox Market Intelligence Platform