Price for Cumin Seeds, Neither Crushed Nor Ground in Denmark - 2023
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in Denmark (CIF) - 2022
- Price for Cumin Seeds, Neither Crushed Nor Ground in Denmark (FOB) - 2022
- Imports of Cumin Seeds, Neither Crushed Nor Ground in Denmark
- Exports of Cumin Seeds, Neither Crushed Nor Ground in Denmark
Price for Cumin Seeds, Neither Crushed Nor Ground in Denmark (CIF) - 2022
The average import price for cumin seeds, neither crushed nor ground stood at $10,860 per ton in 2022, increasing by 3.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 46% against the previous year. The import price peaked at $21,393 per ton in 2015; however, from 2016 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 Sweden ($34,639 per ton), while the price for Iran ($1,847 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cumin Seeds, Neither Crushed Nor Ground in Denmark (FOB) - 2022
In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $11,686 per ton, falling by -13.7% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 76%. Over the period under review, the average export prices reached the peak figure at $13,546 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($33,826 per ton), while the average price for exports to Finland ($3,653 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 Sweden (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cumin Seeds, Neither Crushed Nor Ground in Denmark
For the fourth consecutive year, Denmark recorded growth in supplies from abroad of cumin seeds, neither crushed nor ground, which increased by 9.8% to 18 tons in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 159%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, imports of cumin seeds, neither crushed nor ground expanded remarkably to $192K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cumin Seeds, Neither Crushed Nor Ground in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 62.7 | 87.2 | 78.1 | 74.0 | 5.7% |
| Germany | 1.3 | 2.4 | 15.2 | 46.9 | 230.4% |
| India | N/A | 2.4 | 40.9 | 23.8 | 214.9% |
| Netherlands | 3.5 | 1.0 | 25.7 | 17.3 | 70.3% |
| Spain | N/A | N/A | N/A | 9.7 | 0% |
| Iran | N/A | N/A | N/A | 3.7 | 0% |
| United Kingdom | 0.9 | 7.3 | 3.1 | 3.3 | 54.2% |
| Egypt | 4.7 | N/A | N/A | N/A | 0% |
| Turkey | 1.6 | 3.7 | 3.7 | N/A | 52.1% |
| Others | 3.5 | 2.1 | 1.4 | 13.1 | 55.3% |
| Total | 78.2 | 106 | 168 | 192 | 34.9% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Denmark in 2022:
- India (5.3 tons)
- Germany (5.1 tons)
- Sweden (2.1 tons)
- Iran (2.0 tons)
- United Kingdom (1.3 tons)
- Netherlands (0.6 tons)
- Spain (0.3 tons)
Exports of Cumin Seeds, Neither Crushed Nor Ground in Denmark
In 2022, approx. 1.9 tons of cumin seeds, neither crushed nor ground were exported from Denmark; jumping by 187% on the year before. Over the period under review, exports posted a significant increase. 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 soared to $22K in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cumin Seeds, Neither Crushed Nor Ground in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greenland | 0.5 | 0.4 | 0.1 | 15.8 | 216.2% |
| Norway | 0.8 | 1.8 | 2.1 | 2.9 | 53.6% |
| Sweden | 3.9 | 5.1 | 4.1 | 2.4 | -14.9% |
| Finland | N/A | 1.6 | N/A | 0.7 | -33.9% |
| Netherlands | N/A | 0.1 | 2.4 | N/A | 2300.0% |
| Iceland | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Italy | N/A | 0.6 | N/A | N/A | 0% |
| Others | 1.0 | 1.3 | 0.5 | 0.5 | -20.6% |
| Total | 7.1 | 11.1 | 9.0 | 22.4 | 46.7% |
Top Export Markets for Cumin Seeds, Neither Crushed Nor Ground from Denmark in 2022:
- Greenland (1460.0 kg)
- Finland (202.0 kg)
- Sweden (138.0 kg)
- Norway (86.0 kg)
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