Price for Cumin Seeds, Neither Crushed Nor Ground in Azerbaijan - 2023

Contents:

  1. Price for Cumin Seeds, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022
  2. Imports of Cumin Seeds, Neither Crushed Nor Ground in Azerbaijan

Price for Cumin Seeds, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022

In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $1,914 per ton, reducing by -37.2% against the previous year. Overall, the import price, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2015 an increase of 47%. The import price peaked at $3,049 per ton in 2021, and then fell notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,473 per ton), while the price for Syrian Arab Republic totaled $1,806 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Azerbaijan

In 2022, approx. 42 tons of cumin seeds, neither crushed nor ground were imported into Azerbaijan; which is down by -44.1% against 2021. Overall, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year.

In value terms, imports of cumin seeds, neither crushed nor ground declined sharply to $80K in 2022. In general, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 123% against the previous year. As a result, imports attained the peak of $227K, and then dropped rapidly in the following year.

Import of Cumin Seeds, Neither Crushed Nor Ground in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Syrian Arab Republic17.717.053.566.855.7%
India84.423.329.010.4-50.2%
Ethiopia12.411.554.9N/A110.4%
Uzbekistan3.64.538.7N/A227.9%
United Arab Emirates69.638.95.9N/A-70.9%
BangladeshN/AN/A42.1N/A0%
Others1.46.92.82.419.7%
Total18910222779.6-25.0%

Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Azerbaijan in 2022:

  1. Syrian Arab Republic (37.0 tons)
  2. India (4.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cumin Seeds, Neither Crushed Nor Ground - Azerbaijan