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

Contents:

  1. Price for Cumin Seeds, Neither Crushed Nor Ground in Panama (CIF) - 2022
  2. Imports of Cumin Seeds, Neither Crushed Nor Ground in Panama

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

In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $3,771 per ton, with an increase of 2.9% against the previous year. In general, the import price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 37%. Over the period under review, average import prices hit record highs at $14,943 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,722 per ton), while the price for China stood at $2,772 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Panama

In 2022, the amount of cumin seeds, neither crushed nor ground imported into Panama shrank sharply to 1.2 tons, dropping by -34.1% against the year before. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.

In value terms, imports of cumin seeds, neither crushed nor ground plummeted to $4.7K in 2022. Over the period under review, imports faced a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year.

Import of Cumin Seeds, Neither Crushed Nor Ground in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.91.73.03.049.4%
China1.40.50.11.76.7%
Free Zones0.70.40.6N/A-7.4%
Vietnam1.4N/AN/AN/A0%
India2.31.32.4N/A2.2%
Turkey0.30.30.4N/A15.5%
Others0.40.10.4N/A0.0%
Total7.34.26.94.7-13.7%

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

  1. United States (632.0 kg)
  2. China (601.0 kg)

Source: IndexBox Market Intelligence Platform

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