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

Contents:

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

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

The average import price for cumin seeds, crushed or ground stood at $5,197 per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 54%. The import price peaked at $6,056 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,834 per ton), while the price for the United Arab Emirates ($987 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, crushed or ground stood at $7,903 per ton in 2022, reducing by -4.5% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The growth pace was the most rapid in 2020 an increase of 24%. The export price peaked at $9,845 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Portugal ($9,452 per ton), while the average price for exports to Italy ($5,537 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 Germany (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Crushed or Ground in France

In 2022, purchases abroad of cumin seeds, crushed or ground decreased by -5.2% to 667 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +5.6% 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 with an increase of 43% against the previous year. As a result, imports attained the peak of 810 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, cumin seeds, crushed or ground imports dropped to $3.5M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $3.7M, and then contracted in the following year.

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

1. Netherlands (244.0 tons)
2. Spain (208.9 tons)
3. Belgium (70.2 tons)
4. Germany (58.2 tons)
5. Pakistan (24.4 tons)
6. India (22.7 tons)
7. Turkey (14.9 tons)

Exports of Cumin Seeds, Crushed or Ground in France

In 2022, overseas shipments of cumin seeds, crushed or ground decreased by -45.7% to 176 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 325 tons, and then dropped rapidly in the following year.

In value terms, cumin seeds, crushed or ground exports dropped remarkably to $1.4M in 2022. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $2.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. United Kingdom (60.3 tons)
2. Portugal (31.7 tons)
3. Belgium (19.1 tons)
4. Italy (15.1 tons)
5. Netherlands (11.5 tons)
6. Spain (10.9 tons)
7. Germany (6.5 tons)

Source: IndexBox Market Intelligence Platform