Price for Cumin Seeds, Neither Crushed Nor Ground in Lithuania - 2023

Contents:

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

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

The average export price for cumin seeds, neither crushed nor ground stood at $2,195 per ton in 2022, with an increase of 6.3% against the previous year. Over the period under review, the export price saw notable growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 46%. As a result, the export price reached the peak level of $2,830 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($4,486 per ton), while the average price for exports to Hungary ($1,027 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 Latvia (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cumin seeds, neither crushed nor ground stood at $1,757 per ton in 2022, surging by 13% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 63%. Over the period under review, average import prices reached the peak figure at $2,588 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,560 per ton), while the price for Latvia ($1,494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cumin Seeds, Neither Crushed Nor Ground in Lithuania

In 2022, exports of cumin seeds, neither crushed nor ground from Lithuania reached 543 tons, remaining stable against the previous year. In general, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 9.8% against the previous year.

In value terms, exports of cumin seeds, neither crushed nor ground rose markedly to $1.2M in 2022. Overall, exports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of 30%.

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

1. Germany (277.9 tons)
2. Slovakia (70.9 tons)
3. Hungary (68.3 tons)
4. Netherlands (50.0 tons)
5. Austria (48.0 tons)

Imports of Cumin Seeds, Neither Crushed Nor Ground in Lithuania

In 2022, overseas purchases of cumin seeds, neither crushed nor ground decreased by -36.8% to 77 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 7.5%. As a result, imports attained the peak of 197 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cumin seeds, neither crushed nor ground contracted dramatically to $136K in 2022. In general, imports recorded a dramatic setback. The smallest decline of -16.1% was in 2020.

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

1. Latvia (40.5 tons)
2. Finland (30.0 tons)
3. India (3.5 tons)
4. Netherlands (2.1 tons)

Source: IndexBox Market Intelligence Platform