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

Contents:

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

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

In 2022, the average import price for cumin seeds, crushed or ground amounted to $2,569 per ton, remaining constant against the previous year. In general, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. As a result, import price reached the peak level of $8,552 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,955 per ton), while the price for India stood at $1,991 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.9%).

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

In 2022, the average export price for cumin seeds, crushed or ground amounted to $4,181 per ton, shrinking by -4.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 102%. As a result, the export price reached the peak level of $7,078 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($6,563 per ton), while the average price for exports to Italy ($2,674 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 Italy (+17.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cumin Seeds, Crushed or Ground in Peru

After three years of growth, supplies from abroad of cumin seeds, crushed or ground decreased by -4.9% to 75 tons in 2022. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 118%.

In value terms, cumin seeds, crushed or ground imports declined to $191K in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 128%.

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

1. India (70.6 tons)
2. United States (3.9 tons)

Exports of Cumin Seeds, Crushed or Ground in Peru

In 2022, the amount of cumin seeds, crushed or ground exported from Peru soared to 8.5 tons, with an increase of 78% on the previous year's figure. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 631%. As a result, the exports reached the peak of 10 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cumin seeds, crushed or ground exports soared to $35K in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 402% against the previous year. As a result, the exports reached the peak of $50K. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. United States (4.9 tons)
2. Spain (2.9 tons)
3. Italy (0.6 tons)

Source: IndexBox Market Intelligence Platform