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

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $1,830 per ton in 2022, approximately mirroring the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 26% against the previous year. As a result, import price reached the peak level of $2,416 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,858 per ton), while the price for the United Arab Emirates stood at $1,620 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%).

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

The average export price for cumin seeds, neither crushed nor ground stood at $2,991 per ton in 2022, jumping by 46% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The export price peaked at $3,680 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +17.2% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Iran

In 2022, after three years of growth, there was significant decline in supplies from abroad of cumin seeds, neither crushed nor ground, when their volume decreased by -22.1% to 2.6K tons. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 381% against the previous year.

In value terms, imports of cumin seeds, neither crushed nor ground declined sharply to $4.7M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 312%.

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

1. India (2.3K tons)
2. United Arab Emirates (0.3K tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Iran

In 2022, shipments abroad of cumin seeds, neither crushed nor ground was finally on the rise to reach 1.3K tons after two years of decline. Over the period under review, exports, however, continue to indicate a precipitous decline.

In value terms, exports of cumin seeds, neither crushed nor ground soared to $3.8M in 2022. Overall, exports, however, faced a precipitous slump.

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

1. United Arab Emirates (1.3K tons)

Source: IndexBox Market Intelligence Platform