Price for Cumin Seeds, Neither Crushed Nor Ground in Ecuador - 2022
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in Ecuador (CIF) - 2022
- Imports of Cumin Seeds, Neither Crushed Nor Ground in Ecuador
Price for Cumin Seeds, Neither Crushed Nor Ground in Ecuador (CIF) - 2022
The average import price for cumin seeds, neither crushed nor ground stood at $3,078 per ton in 2022, increasing by 40% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +62.9% per year.
Imports of Cumin Seeds, Neither Crushed Nor Ground in Ecuador
In 2022, imports of cumin seeds, neither crushed nor ground into Ecuador was estimated at 1.2K tons, remaining stable against the previous year. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of cumin seeds, neither crushed nor ground surged to $3.8M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cumin Seeds, Neither Crushed Nor Ground in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,145 | 2,244 | 2,553 | 3,731 | 20.3% |
| Turkey | 106 | 92.6 | 83.4 | 61.8 | -16.5% |
| Syrian Arab Republic | 164 | 126 | 75.6 | 44.7 | -35.2% |
| Others | 5.0 | 5.8 | 2.3 | 5.2 | 1.3% |
| Total | 2,420 | 2,468 | 2,714 | 3,842 | 16.7% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Ecuador in 2022:
- India (1219.6 tons)
- Turkey (15.0 tons)
- Syrian Arab Republic (13.0 tons)
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