Price for Cumin Seeds, Neither Crushed Nor Ground in Indonesia - 2022

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $2,130 per ton in March 2022, increasing by 41% against the previous month. Over the period under review, import price indicated a temperate increase from March 2021 to March 2022: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for cumin seeds, neither crushed nor ground decreased by -1.1% against January 2022 indices. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 57% m-o-m. As a result, import price reached the peak level of $2,304 per ton. From June 2021 to March 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was India ($2,777 per ton), while the price for Ethiopia amounted to $1,500 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $5,041 per ton, rising by 82% against the previous year. In general, the export price posted buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($5,200 per ton), while the average price for exports to Timor-Leste ($720 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 Mauritius (+38.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Indonesia

In 2022, after three years of growth, there was significant decline in overseas purchases of cumin seeds, neither crushed nor ground, when their volume decreased by -36.6% to 1.3K tons. In general, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 31%.

In value terms, imports of cumin seeds, neither crushed nor ground shrank sharply to $2.6M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports attained the peak of $3.7M, and then reduced dramatically in the following year.

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

1. India (866.6 tons)
2. Ethiopia (354.8 tons)
3. Turkey (44.0 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Indonesia

In 2022, overseas shipments of cumin seeds, neither crushed nor ground decreased by -97.8% to 830 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2020 when exports increased by 932%.

In value terms, exports of cumin seeds, neither crushed nor ground reduced rapidly to $4.2K in 2022. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 743% against the previous year.

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

1. Mauritius (800.0 kg)
2. Timor-Leste (25.0 kg)

Source: IndexBox Market Intelligence Platform