Price for Cumin Seeds, Crushed or Ground in Croatia - 2023

Contents:

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

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

The average import price for cumin seeds, crushed or ground stood at $4,877 per ton in 2022, shrinking by -12.9% against the previous year. In general, the import price faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 15%. The import price peaked at $18,994 per ton in 2014; however, from 2015 to 2022, 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 ($21,601 per ton), while the price for the Czech Republic ($3,314 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cumin seeds, crushed or ground amounted to $18,843 per ton, rising by 45% against the previous year. In general, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 87%. The export price peaked at $33,833 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($35,429 per ton), while the average price for exports to North Macedonia ($7,500 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 Slovenia (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Crushed or Ground in Croatia

In 2022, imports of cumin seeds, crushed or ground into Croatia surged to 4.1 tons, rising by 37% against the year before. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 414%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, cumin seeds, crushed or ground imports soared to $20K in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 492%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Czech Republic (2840.0 kg)
2. Poland (550.0 kg)
3. Netherlands (225.0 kg)
4. Turkey (160.0 kg)
5. Germany (138.0 kg)
6. Hungary (75.0 kg)

Exports of Cumin Seeds, Crushed or Ground in Croatia

In 2022, approx. 51 kg of cumin seeds, crushed or ground were exported from Croatia; shrinking by -66.2% on the previous year's figure. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,158% against the previous year. As a result, the exports attained the peak of 151 kg, and then reduced notably in the following year.

In value terms, cumin seeds, crushed or ground exports fell markedly to $961 in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,045% against the previous year. As a result, the exports attained the peak of $2K, and then shrank notably in the following year.

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

1. Bosnia and Herzegovina (37.0 kg)
2. Slovenia (7.0 kg)
3. Serbia (3.0 kg)
4. Montenegro (2.0 kg)
5. North Macedonia (2.0 kg)

Source: IndexBox Market Intelligence Platform