Price for Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic - 2023
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic (CIF) - 2022
- Price for Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic (FOB) - 2022
- Imports of Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic
- Exports of Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic
Price for Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic (CIF) - 2022
In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $4,138 per ton, rising by 23% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $4,613 per ton. From 2018 to 2022, the average 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 Spain ($10,858 per ton), while the price for India ($3,864 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic (FOB) - 2022
In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $2,789 per ton, dropping by -65.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 252%. Over the period under review, the average export prices attained the peak figure at $48,000 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($2,814 per ton), while the average price for exports to Curacao stood at $800 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.5%).
Imports of Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic
In 2022, supplies from abroad of cumin seeds, neither crushed nor ground decreased by -51.8% to 8.8 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 77% against the previous year. As a result, imports reached the peak of 29 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cumin seeds, neither crushed nor ground declined dramatically to $37K in 2022. Over the period under review, imports faced a sharp setback. The growth pace was the most rapid in 2020 with an increase of 38%. As a result, imports reached the peak of $101K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.6 | 53.3 | 52.7 | 32.8 | 80.3% |
| Spain | 9.1 | 6.9 | 4.7 | 3.1 | -30.2% |
| United States | 58.4 | 39.1 | 0.3 | 0.7 | -77.1% |
| Others | N/A | 1.4 | 4.0 | N/A | 185.7% |
| Total | 73.1 | 101 | 61.8 | 36.6 | -20.6% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to the Dominican Republic in 2022:
- India (8.5 tons)
- Spain (0.3 tons)
- United States (0.1 tons)
Exports of Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic
Exports of cumin seeds, neither crushed nor ground from the Dominican Republic surged to 817 kg in 2022, with an increase of 20,325% compared with the previous year. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cumin seeds, neither crushed nor ground soared to $2.3K in 2022. Over the period under review, exports, however, saw a abrupt contraction.
| Export of Cumin Seeds, Neither Crushed Nor Ground in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 2.3 | 0% |
| United States | 2.6 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 2.7 | N/A | N/A | 2.3 | -5.2% |
Top Export Markets for Cumin Seeds, Neither Crushed Nor Ground from the Dominican Republic in 2022:
- France (807.0 kg)
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