Price for Cumin Seeds, Crushed or Ground in Oman - 2021

Contents:

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

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

The average import price for cumin seeds, crushed or ground stood at $2,056 per ton in 2022, waning by -27.6% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure at $2,911 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Bahrain ($6,573 per ton), while the price for Bangladesh ($979 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cumin seeds, crushed or ground stood at $5,503 per ton in 2022, with an increase of 54% against the previous year. In general, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 116% against the previous year. Over the period under review, the average export prices hit record highs at $7,618 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +230.4% per year.

Imports of Cumin Seeds, Crushed or Ground in Oman

In 2022, imports of cumin seeds, crushed or ground into Oman soared to 92 tons, increasing by 102% compared with 2021. In general, imports, however, saw a pronounced setback.

In value terms, cumin seeds, crushed or ground imports skyrocketed to $190K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern.

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

1. United Arab Emirates (62.9 tons)
2. India (13.4 tons)
3. Sri Lanka (4.9 tons)
4. Turkey (3.0 tons)
5. Bangladesh (2.8 tons)
6. Bahrain (1.4 tons)

Exports of Cumin Seeds, Crushed or Ground in Oman

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 -46.1% to 9.7 tons. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 222% against the previous year. As a result, the exports reached the peak of 18 tons, and then contracted rapidly in the following year.

In value terms, cumin seeds, crushed or ground exports reduced dramatically to $53K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 135% against the previous year.

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

1. Qatar (9.7 tons)

Source: IndexBox Market Intelligence Platform