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

Contents:

1. Price for Cumin Seeds, Neither Crushed Nor Ground in Mexico (CIF) - 2023
2. Price for Cumin Seeds, Neither Crushed Nor Ground in Mexico (FOB) - 2022
3. Imports of Cumin Seeds, Neither Crushed Nor Ground in Mexico
4. Exports of Cumin Seeds, Neither Crushed Nor Ground in Mexico

Price for Cumin Seeds, Neither Crushed Nor Ground in Mexico (CIF) - 2023

In September 2023, the average import price for cumin seeds, neither crushed nor ground amounted to $3,561 per ton, picking up by 2% against the previous month. Overall, the import price recorded a strong increase. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 37% m-o-m. Over the period under review, average import prices reached the peak figure in September 2023.

As there is only one major supplying country, the average price level is determined by prices for India.

From September 2022 to September 2023, the rate of growth in terms of prices for India amounted to +10.0% per month.

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

The average export price for cumin seeds, neither crushed nor ground stood at $2,549 per ton in 2022, rising by 18% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 106%. The export price peaked at $3,450 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.4% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Mexico

After three years of growth, supplies from abroad of cumin seeds, neither crushed nor ground decreased by -37.3% to 1.6K tons in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 2.5K tons, and then shrank notably in the following year.

In value terms, imports of cumin seeds, neither crushed nor ground shrank markedly to $3.4M in 2022. In general, imports recorded a drastic downturn. The smallest decline of -10.2% was in 2020.

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

1. India (1565.0 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Mexico

In 2022, approx. 8.1 tons of cumin seeds, neither crushed nor ground were exported from Mexico; surging by 311% compared with the year before. Overall, exports, however, recorded a significant decrease.

In value terms, exports of cumin seeds, neither crushed nor ground surged to $21K in 2022. Over the period under review, exports, however, continue to indicate a sharp descent.

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

1. United States (8.1 tons)

Source: IndexBox Market Intelligence Platform