Price for Cumin Seeds, Crushed or Ground in Uzbekistan - 2023

Contents:

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

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

In 2022, the average import price for cumin seeds, crushed or ground amounted to $1,667 per ton, waning by -43.1% against the previous year. In general, the import price saw a mild shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $2,929 per ton, and then fell markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2017 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -6.5% per year.

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

In 2022, the average export price for cumin seeds, crushed or ground amounted to $2,766 per ton, reducing by -21.7% against the previous year. In general, the export price, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 112% against the previous year. As a result, the export price reached the peak level of $3,535 per ton, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($7,014 per ton), while the average price for exports to Belarus totaled $613 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+75.4%).

Imports of Cumin Seeds, Crushed or Ground in Uzbekistan

In 2022, the amount of cumin seeds, crushed or ground imported into Uzbekistan surged to 1.9 tons, with an increase of 314% compared with the previous year. In general, imports continue to indicate a significant expansion. 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 surged to $3.1K in 2022. Overall, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 171%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Turkey (1.9 tons)

Exports of Cumin Seeds, Crushed or Ground in Uzbekistan

In 2022, approx. 1.5 tons of cumin seeds, crushed or ground were exported from Uzbekistan; rising by 3,335% compared with the previous year. Over the period under review, exports, however, faced a precipitous descent.

In value terms, cumin seeds, crushed or ground exports skyrocketed to $4.1K in 2022. In general, exports, however, recorded a precipitous setback.

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

1. Belarus (980.0 kg)
2. United States (483.0 kg)

Source: IndexBox Market Intelligence Platform