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

Contents:

1. Price for Cumin Seeds, Neither Crushed Nor Ground in Bulgaria (FOB) - 2022
2. Price for Cumin Seeds, Neither Crushed Nor Ground in Bulgaria (CIF) - 2022
3. Exports of Cumin Seeds, Neither Crushed Nor Ground in Bulgaria
4. Imports of Cumin Seeds, Neither Crushed Nor Ground in Bulgaria

Price for Cumin Seeds, Neither Crushed Nor Ground in Bulgaria (FOB) - 2022

The average export price for cumin seeds, neither crushed nor ground stood at $1,410 per ton in 2022, dropping by -30.5% against the previous year. In general, the export price saw a abrupt slump. The growth pace was the most rapid in 2016 an increase of 40% against the previous year. Over the period under review, the average export prices attained the maximum at $5,602 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,350 per ton), while the average price for exports to Georgia amounted to $214 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.8%).

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

In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $2,888 per ton, surging by 29% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Syrian Arab Republic ($3,290 per ton), while the price for Turkey ($2,146 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cumin Seeds, Neither Crushed Nor Ground in Bulgaria

For the fourth consecutive year, Bulgaria recorded growth in overseas shipments of cumin seeds, neither crushed nor ground, which increased by 1,250% to 798 tons in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cumin seeds, neither crushed nor ground skyrocketed to $1.1M in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cumin Seeds, Neither Crushed Nor Ground from Bulgaria in 2022:

1. Germany (766.4 tons)
2. Georgia (15.6 tons)
3. Greece (5.1 tons)

Imports of Cumin Seeds, Neither Crushed Nor Ground in Bulgaria

In 2022, overseas purchases of cumin seeds, neither crushed nor ground decreased by -26.7% to 374 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 13%. As a result, imports reached the peak of 516 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cumin seeds, neither crushed nor ground reduced to $1.1M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.4% against the previous year. As a result, imports reached the peak of $1.1M, and then fell in the following year.

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

1. India (284.4 tons)
2. Syrian Arab Republic (51.0 tons)
3. United Arab Emirates (27.0 tons)
4. Turkey (10.2 tons)

Source: IndexBox Market Intelligence Platform