Price for Cumin Seeds, Crushed or Ground in Nepal - 2022
Contents:
- Price for Cumin Seeds, Crushed or Ground in Nepal (CIF) - 2022
- Imports of Cumin Seeds, Crushed or Ground in Nepal
Price for Cumin Seeds, Crushed or Ground in Nepal (CIF) - 2022
In 2022, the average import price for cumin seeds, crushed or ground amounted to $2,692 per ton, jumping by 33% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2013 to 2022, the rate of growth in terms of prices for India amounted to +3.4% per year.
Imports of Cumin Seeds, Crushed or Ground in Nepal
In 2022, purchases abroad of cumin seeds, crushed or ground decreased by -88.9% to 72 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp decline. The pace of growth appeared the most rapid in 2020 when imports increased by 223%. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cumin seeds, crushed or ground imports declined sharply to $193K in 2022. Over the period under review, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 235%. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cumin Seeds, Crushed or Ground in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.2 | 4.1 | 1.3 | 0.2 | -45.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 4.1 | 1.3 | 0.2 | -45.0% |
Top Suppliers of Cumin Seeds, Crushed or Ground to Nepal in 2022:
- India (71.7 tons)
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