Price for Cumin Seeds, Crushed or Ground in the Czech Republic - 2023

Contents:

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

Price for Cumin Seeds, Crushed or Ground in the Czech Republic (CIF) - 2022

In 2022, the average import price for cumin seeds, crushed or ground amounted to $1,386 per ton, shrinking by -72.7% against the previous year. Overall, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2020 an increase of 77% against the previous year. As a result, import price attained the peak level of $6,258 per ton. From 2021 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 India ($7,479 per ton), while the price for Spain ($652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cumin Seeds, Crushed or Ground in the Czech Republic (FOB) - 2022

In 2022, the average export price for cumin seeds, crushed or ground amounted to $4,365 per ton, reducing by -32.1% against the previous year. Overall, the export price, however, enjoyed a perceptible expansion. The growth pace was the most rapid in 2015 when the average export price increased by 88%. As a result, the export price reached the peak level of $11,377 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($26,000 per ton), while the average price for exports to Slovakia ($3,241 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 Austria (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Crushed or Ground in the Czech Republic

In 2022, imports of cumin seeds, crushed or ground into the Czech Republic soared to 500 tons, growing by 594% compared with 2021 figures. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cumin seeds, crushed or ground imports skyrocketed to $693K in 2022. In general, imports posted a significant expansion. 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.2N/AN/A261501.4%
Slovakia82.391.815724042.9%
India49.455.288.684.819.7%
Syrian Arab Republic33.233.429.622.2-12.6%
Finland45.39.823.117.4-27.3%
Others81.461.067.868.4-5.6%
Total29325136669333.2%

Top Suppliers of Cumin Seeds, Crushed or Ground to the Czech Republic in 2022:

  1. Spain (400.0 tons)
  2. Slovakia (67.9 tons)
  3. India (11.3 tons)
  4. Finland (6.4 tons)
  5. Syrian Arab Republic (3.2 tons)

Exports of Cumin Seeds, Crushed or Ground in the Czech Republic

In 2022, exports of cumin seeds, crushed or ground from the Czech Republic rose significantly to 42 tons, picking up by 14% on 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year.

In value terms, cumin seeds, crushed or ground exports declined notably to $185K in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of $239K, and then dropped notably in the following year.

Export of Cumin Seeds, Crushed or Ground in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia120113146113-2.0%
Norway42.353.457.437.2-4.2%
SpainN/AN/A1.913.2594.7%
United Kingdom0.71.28.36.9114.4%
Hungary11.48.07.16.9-15.4%
Croatia0.30.31.92.6105.4%
Others4.823.516.05.65.3%
Total1801992391850.9%

Top Export Markets for Cumin Seeds, Crushed or Ground from the Czech Republic in 2022:

  1. Slovakia (34.8 tons)
  2. Norway (3.6 tons)
  3. Spain (1.6 tons)
  4. United Kingdom (0.9 tons)
  5. Croatia (0.7 tons)
  6. Hungary (0.6 tons)

Source: IndexBox Market Intelligence Platform

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