Price for Cumin Seeds, Neither Crushed Nor Ground in Japan - 2023
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in Japan (CIF) - 2023
- Imports of Cumin Seeds, Neither Crushed Nor Ground in Japan
Price for Cumin Seeds, Neither Crushed Nor Ground in Japan (CIF) - 2023
The average import price for cumin seeds, neither crushed nor ground stood at $7,441 per ton in November 2023, which is down by -20.1% against the previous month. Overall, import price indicated resilient growth from November 2022 to November 2023: its price increased at an average monthly rate of +5.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for cumin seeds, neither crushed nor ground increased by +44.2% against August 2023 indices. The growth pace was the most rapid in October 2023 an increase of 69% against the previous month. As a result, import price reached the peak level of $9,314 per ton, and then declined markedly in the following month.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Iran ($9,537 per ton), while the price for India amounted to $6,809 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cumin Seeds, Neither Crushed Nor Ground in Japan
In 2022, the amount of cumin seeds, neither crushed nor ground imported into Japan declined to 2.6K tons, which is down by -7% compared with 2021. Over the period under review, imports showed a pronounced shrinkage. The smallest decline of -1.5% was in 2020.
In value terms, imports of cumin seeds, neither crushed nor ground expanded rapidly to $9.2M in 2022. In general, imports recorded a abrupt setback.
| Import of Cumin Seeds, Neither Crushed Nor Ground in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.7 | 4.6 | 6.1 | 6.2 | 18.8% |
| Iran | 6.9 | 5.3 | 1.6 | 2.2 | -31.7% |
| Turkey | 0.8 | 1.2 | 0.9 | 0.7 | -4.4% |
| United Arab Emirates | 2.1 | 0.5 | N/A | N/A | -76.2% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 13.5 | 11.7 | 8.7 | 9.2 | -12.0% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Japan in 2022:
- India (2034.9 tons)
- Iran (417.0 tons)
- Turkey (135.7 tons)
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