Price for Cumin Seeds, Neither Crushed Nor Ground in Qatar - 2023
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in Qatar (CIF) - 2023
- Imports of Cumin Seeds, Neither Crushed Nor Ground in Qatar
Price for Cumin Seeds, Neither Crushed Nor Ground in Qatar (CIF) - 2023
The average import price for cumin seeds, neither crushed nor ground stood at $4,558 per ton in October 2023, with an increase of 66% against the previous month. In general, the import price showed a prominent increase. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 103% against the previous month. Over the period under review, average import prices attained the maximum at $6,198 per ton in August 2023; however, from September 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was India ($5,940 per ton), while the price for China ($3,652 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cumin Seeds, Neither Crushed Nor Ground in Qatar
In 2022, approx. 814 tons of cumin seeds, neither crushed nor ground were imported into Qatar; increasing by 3.8% on 2021. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. As a result, imports reached the peak of 893 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 skyrocketed to $1.8M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cumin Seeds, Neither Crushed Nor Ground in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.1 | 1.3 | 1.2 | 1.8 | 17.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 1.3 | 1.2 | 1.8 | 17.8% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Qatar in 2022:
- India (813.7 tons)
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