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

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $3,627 per ton in 2022, increasing by 10% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cumin seeds, neither crushed nor ground increased by +63.4% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 70%. Over the period under review, average import prices attained the peak figure at $4,069 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Austria ($4,705 per ton), while the price for the Czech Republic ($500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, neither crushed nor ground stood at $5,014 per ton in 2022, rising by 49% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $5,472 per ton in 2012; however, from 2013 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 Belarus ($12,344 per ton), while the average price for exports to Hungary ($1,915 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 Romania (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Poland

In 2022, purchases abroad of cumin seeds, neither crushed nor ground decreased by -42.7% to 226 tons, falling for the second year in a row after two years of growth. Overall, imports faced a sharp slump. The growth pace was the most rapid in 2020 when imports increased by 17%. As a result, imports reached the peak of 705 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 declined dramatically to $821K in 2022. In general, imports saw a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. India (114.5 tons)
2. France (54.2 tons)
3. Netherlands (26.3 tons)
4. Austria (14.4 tons)
5. Germany (12.7 tons)
6. Latvia (4.2 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Poland

In 2022, overseas shipments of cumin seeds, neither crushed nor ground decreased by -90.7% to 34 tons, falling for the second year in a row after two years of growth. In general, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, the exports reached the peak of 523 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of cumin seeds, neither crushed nor ground shrank notably to $170K in 2022. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Russia (7.4 tons)
2. Hungary (4.8 tons)
3. Spain (4.0 tons)
4. Czech Republic (3.6 tons)
5. Ukraine (2.6 tons)
6. Italy (2.4 tons)
7. Germany (1.8 tons)
8. Moldova (1.2 tons)
9. Romania (0.9 tons)
10. Lithuania (0.8 tons)
11. Slovakia (0.7 tons)
12. Belarus (0.6 tons)
13. Kyrgyzstan (0.5 tons)

Source: IndexBox Market Intelligence Platform