Price for Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic - 2023
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic (FOB) - 2023
- Price for Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic (CIF) - 2022
- Exports of Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic
- Imports of Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic
Price for Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic (FOB) - 2023
In October 2023, the average export price for cumin seeds, neither crushed nor ground amounted to $2,709 per ton, increasing by 5.8% against the previous month. In general, the export price posted a prominent increase. The growth pace was the most rapid in November 2022 when the average export price increased by 106% m-o-m. Over the period under review, the average export prices reached the maximum at $3,372 per ton in March 2023; however, from April 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($23,721 per ton), while the average price for exports to Poland ($2,219 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic (CIF) - 2022
In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $1,673 per ton, declining by -25.6% against the previous year. In general, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 50% against the previous year. As a result, import price attained the peak level of $4,097 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
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 Germany ($4,381 per ton), while the price for Finland ($1,431 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic
In 2022, overseas shipments of cumin seeds, neither crushed nor ground increased by 157% to 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt slump.
In value terms, exports of cumin seeds, neither crushed nor ground surged to $2.4M in 2022. In general, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.6 | 830 | 13.0 | 1,271 | 826.1% |
| Slovakia | 361 | 234 | 149 | 407 | 4.1% |
| Hungary | 122 | 107 | 212 | 336 | 40.2% |
| Austria | 172 | 4.3 | 230 | 174 | 0.4% |
| Germany | 59.2 | 129 | 150 | 114 | 24.4% |
| Netherlands | N/A | N/A | N/A | 38.9 | 0% |
| Romania | 8.7 | 41.5 | 28.8 | 2.4 | -34.9% |
| Poland | 1,117 | 304 | 33.9 | 0.3 | -93.5% |
| Others | 29.6 | 30.4 | 32.7 | 48.9 | 18.2% |
| Total | 1,871 | 1,681 | 848 | 2,393 | 8.5% |
Top Export Markets for Cumin Seeds, Neither Crushed Nor Ground from the Czech Republic in 2022:
- Lithuania (337.7 tons)
- Hungary (307.3 tons)
- Slovakia (219.4 tons)
- Austria (120.6 tons)
- Germany (67.3 tons)
- Netherlands (23.9 tons)
- Romania (1.5 tons)
- Poland (0.2 tons)
Imports of Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic
In 2022, the amount of cumin seeds, neither crushed nor ground imported into the Czech Republic skyrocketed to 1.2K tons, growing by 86% against the previous year. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 102%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of cumin seeds, neither crushed nor ground skyrocketed to $1.9M in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 98%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Cumin Seeds, Neither Crushed Nor Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 28.2 | 378 | 357 | 985 | 226.9% |
| Lithuania | 229 | 477 | 26.5 | 348 | 15.0% |
| Slovakia | 255 | 256 | 269 | 313 | 7.1% |
| Poland | 32.1 | 168 | 545 | 151 | 67.6% |
| Germany | 23.0 | 111 | 68.3 | 100 | 63.2% |
| Others | 184 | 93.1 | 142 | 52.9 | -34.0% |
| Total | 750 | 1,482 | 1,407 | 1,950 | 37.5% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to the Czech Republic in 2022:
- Finland (688.0 tons)
- Lithuania (234.3 tons)
- Slovakia (109.0 tons)
- Poland (100.0 tons)
- Germany (22.9 tons)
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