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

Contents:

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

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

In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $4,456 per ton, jumping by 28% against the previous year. Over the last decade, it increased at an average annual rate of +6.6%. The most prominent rate of growth was recorded in 2013 an increase of 58%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($7,895 per ton), while the price for India amounted to $4,261 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $4,844 per ton, reducing by -32.2% against the previous year. Over the period under review, the export price saw a perceptible reduction. The pace of growth was the most pronounced in 2020 an increase of 176%. Over the period under review, the average export prices attained the peak figure at $8,785 per ton in 2017; however, from 2018 to 2022, the 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 Cook Islands ($10,944 per ton), while the average price for exports to Samoa ($3,439 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 Cook Islands (+3.2%), while the prices for the other major destinations experienced a decline.

Imports of Cumin Seeds, Neither Crushed Nor Ground in New Zealand

In 2022, purchases abroad of cumin seeds, neither crushed nor ground decreased by -32.2% to 83 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 4.8% against the previous year. As a result, imports reached the peak of 132 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cumin seeds, neither crushed nor ground declined to $369K in 2022. Overall, imports recorded a abrupt contraction. The smallest decline of -0.9% was in 2020.

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

1. India (77.8 tons)
2. Australia (3.3 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in New Zealand

In 2022, after two years of decline, there was significant growth in overseas shipments of cumin seeds, neither crushed nor ground, when their volume increased by 586% to 1 tons. In general, exports, however, saw a sharp setback.

In value terms, exports of cumin seeds, neither crushed nor ground skyrocketed to $4.9K in 2022. Over the period under review, exports, however, saw a dramatic decrease.

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

1. Australia (800.0 kg)
2. Cook Islands (124.0 kg)
3. Vanuatu (49.0 kg)
4. Samoa (41.0 kg)

Source: IndexBox Market Intelligence Platform