Price for Cumin Seeds, Crushed or Ground in Belarus - 2022

Contents:

1. Price for Cumin Seeds, Crushed or Ground in Belarus (CIF) - 2022
2. Price for Cumin Seeds, Crushed or Ground in Belarus (FOB) - 2022
3. Imports of Cumin Seeds, Crushed or Ground in Belarus
4. Exports of Cumin Seeds, Crushed or Ground in Belarus

Price for Cumin Seeds, Crushed or Ground in Belarus (CIF) - 2022

In 2022, the average import price for cumin seeds, crushed or ground amounted to $1,704 per ton, increasing by 15% against the previous year. In general, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. As a result, import price reached the peak level of $5,513 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($1,636 per ton), while the price for Uzbekistan totaled $679 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-8.1%).

Price for Cumin Seeds, Crushed or Ground in Belarus (FOB) - 2022

The average export price for cumin seeds, crushed or ground stood at $1,951 per ton in 2022, with an increase of 14% against the previous year. In general, the export price, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by 23% against the previous year. The export price peaked at $2,445 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($11,089 per ton), while the average price for exports to Russia totaled $1,029 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-7.1%).

Imports of Cumin Seeds, Crushed or Ground in Belarus

In 2022, after three years of growth, there was significant decline in overseas purchases of cumin seeds, crushed or ground, when their volume decreased by -35% to 37 tons. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 289% against the previous year. As a result, imports reached the peak of 56 tons, and then reduced rapidly in the following year.

In value terms, cumin seeds, crushed or ground imports reduced remarkably to $63K in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 246%. As a result, imports reached the peak of $84K, and then fell rapidly in the following year.

Top Suppliers of Cumin Seeds, Crushed or Ground to Belarus in 2022:

1. Russia (35.3 tons)
2. Uzbekistan (0.6 tons)
3. Turkey (0.2 tons)
4. India (0.1 tons)

Exports of Cumin Seeds, Crushed or Ground in Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of cumin seeds, crushed or ground, when their volume decreased by -17.8% to 1.1 tons. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 440%.

In value terms, cumin seeds, crushed or ground exports declined to $2.1K in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 567%.

Top Export Markets for Cumin Seeds, Crushed or Ground from Belarus in 2022:

1. Russia (1001.0 kg)
2. Kazakhstan (101.0 kg)

Source: IndexBox Market Intelligence Platform