Price for Cumin Seeds, Neither Crushed Nor Ground in Peru - 2022

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $3,145 per ton in 2022, picking up by 46% against the previous year. In general, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 70% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +13.8% per year.

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

The average export price for cumin seeds, neither crushed nor ground stood at $5,773 per ton in 2022, rising by 91% against the previous year. Overall, the export price, however, recorded a perceptible descent. The growth pace was the most rapid in 2017 when the average export price increased by 92%. Over the period under review, the average export prices hit record highs at $9,122 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +19.2% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Peru

In 2022, supplies from abroad of cumin seeds, neither crushed nor ground decreased by -45.1% to 1.3K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of 3.1K 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 dropped sharply to $4M in 2022. In general, imports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. As a result, imports attained the peak of $6.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. India (1.3K tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Peru

In 2022, after three years of growth, there was significant decline in overseas shipments of cumin seeds, neither crushed nor ground, when their volume decreased by -99.4% to 22 kg. Overall, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 165%. As a result, the exports reached the peak of 3.7 tons, and then fell rapidly in the following year.

In value terms, exports of cumin seeds, neither crushed nor ground declined rapidly to $127 in 2022. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 111%.

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

1. Switzerland (22.0 kg)

Source: IndexBox Market Intelligence Platform