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

Contents:

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

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

In 2022, the average import price for cumin seeds, crushed or ground amounted to $6,755 per ton, with a decrease of -4.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 an increase of 9.7%. The import price peaked at $7,056 per ton in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($10,299 per ton), while the price for Turkey ($6,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cumin seeds, crushed or ground amounted to $20,426 per ton, waning by -10.5% against the previous year. In general, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2013 an increase of 69%. The export price peaked at $22,813 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($21,982 per ton), while the average price for exports to the UK stood at $6,460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+68.7%).

Imports of Cumin Seeds, Crushed or Ground in Norway

In 2022, supplies from abroad of cumin seeds, crushed or ground decreased by -1.2% to 56 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 +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 16%. As a result, imports attained the peak of 60 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cumin seeds, crushed or ground imports fell to $375K in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 28% against the previous year.

Import of Cumin Seeds, Crushed or Ground in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13517822121717.1%
Czech Republic44.055.559.854.17.1%
Turkey98.683.151.350.0-20.3%
Germany1.05.78.716.2153.0%
Syrian Arab Republic20.123.314.111.4-17.2%
NetherlandsN/A28.33.88.7-44.6%
Others9.718.737.717.822.4%
Total3083933973756.8%

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

  1. India (34.5 tons)
  2. Turkey (8.1 tons)
  3. Czech Republic (5.3 tons)
  4. Germany (2.5 tons)
  5. Syrian Arab Republic (1.7 tons)
  6. Netherlands (1.4 tons)

Exports of Cumin Seeds, Crushed or Ground in Norway

After two years of growth, shipments abroad of cumin seeds, crushed or ground decreased by -34.4% to 1.5 tons in 2022. In general, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 96% against the previous year. As a result, the exports attained the peak of 2.3 tons, and then contracted notably in the following year.

In value terms, cumin seeds, crushed or ground exports declined rapidly to $31K in 2022. Overall, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 115%. As a result, the exports reached the peak of $52K, and then contracted dramatically in the following year.

Export of Cumin Seeds, Crushed or Ground in Norway (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Sweden12.026.029.657.1%
United KingdomN/AN/A1.00%
Others12.226.0N/A113.1%
Total24.252.030.612.4%

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

  1. Sweden (1346.0 kg)
  2. United Kingdom (150.0 kg)

Source: IndexBox Market Intelligence Platform

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