Price for Cumin Seeds, Crushed or Ground in Venezuela - 2022

Contents:

1. Price for Cumin Seeds, Crushed or Ground in Venezuela (CIF) - 2022
2. Imports of Cumin Seeds, Crushed or Ground in Venezuela

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

The average import price for cumin seeds, crushed or ground stood at $2,688 per ton in 2022, surging by 2.6% against the previous year. In general, the import price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 an increase of 31% against the previous year. The import price peaked at $7,592 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,568 per ton), while the price for India ($1,942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.7%).

Imports of Cumin Seeds, Crushed or Ground in Venezuela

Cumin seeds, crushed or ground imports into Venezuela skyrocketed to 24 tons in 2022, increasing by 51% compared with the year before. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 104%. As a result, imports attained the peak of 32 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cumin seeds, crushed or ground imports surged to $65K in 2022. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. As a result, imports attained the peak of $88K. From 2021 to 2022, the growth of imports failed to regain momentum.

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

1. India (20.1 tons)
2. Egypt (2.6 tons)
3. Germany (1.3 tons)

Source: IndexBox Market Intelligence Platform