Price for Cumin Seeds, Neither Crushed Nor Ground in the United Arab Emirates - 2022

Contents:

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

Price for Cumin Seeds, Neither Crushed Nor Ground in the United Arab Emirates (CIF) - 2022

The average import price for cumin seeds, neither crushed nor ground stood at $2,058 per ton in 2022, picking up by 6.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 28%. Over the period under review, average import prices hit record highs at $2,409 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,383 per ton), while the price for Afghanistan ($828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Cumin Seeds, Neither Crushed Nor Ground in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $1,760 per ton, with a decrease of -16.4% against the previous year. In general, the export price showed a slight curtailment. The most prominent rate of growth was recorded in 2018 an increase of 52% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,282 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($3,156 per ton), while the average price for exports to Tanzania ($203 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 Pakistan (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Neither Crushed Nor Ground in the United Arab Emirates

Imports of cumin seeds, neither crushed nor ground into the United Arab Emirates expanded to 11K tons in 2022, surging by 2% against the previous year's figure. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports reached the peak of 15K 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 expanded markedly to $24M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of $30M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to the United Arab Emirates in 2022:

1. India (8.6K tons)
2. Afghanistan (1.6K tons)
3. Syrian Arab Republic (0.7K tons)
4. Iran (0.3K tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in the United Arab Emirates

In 2022, approx. 13K tons of cumin seeds, neither crushed nor ground were exported from the United Arab Emirates; with an increase of 457% compared with 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cumin seeds, neither crushed nor ground skyrocketed to $24M in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Cumin Seeds, Neither Crushed Nor Ground from the United Arab Emirates in 2022:

1. Yemen (3.3K tons)
2. Pakistan (2.3K tons)
3. Tanzania (1.7K tons)
4. Oman (1.5K tons)
5. Iraq (0.9K tons)
6. Bangladesh (0.6K tons)
7. India (0.6K tons)
8. Saudi Arabia (0.4K tons)
9. Turkey (0.3K tons)
10. Afghanistan (0.3K tons)

Source: IndexBox Market Intelligence Platform