Price for Cumin Seeds, Crushed or Ground in Norway - 2023
Contents:
- Price for Cumin Seeds, Crushed or Ground in Norway (CIF) - 2022
- Price for Cumin Seeds, Crushed or Ground in Norway (FOB) - 2022
- Imports of Cumin Seeds, Crushed or Ground in Norway
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 135 | 178 | 221 | 217 | 17.1% |
Czech Republic | 44.0 | 55.5 | 59.8 | 54.1 | 7.1% |
Turkey | 98.6 | 83.1 | 51.3 | 50.0 | -20.3% |
Germany | 1.0 | 5.7 | 8.7 | 16.2 | 153.0% |
Syrian Arab Republic | 20.1 | 23.3 | 14.1 | 11.4 | -17.2% |
Netherlands | N/A | 28.3 | 3.8 | 8.7 | -44.6% |
Others | 9.7 | 18.7 | 37.7 | 17.8 | 22.4% |
Total | 308 | 393 | 397 | 375 | 6.8% |
Top Suppliers of Cumin Seeds, Crushed or Ground to Norway in 2022:
- India (34.5 tons)
- Turkey (8.1 tons)
- Czech Republic (5.3 tons)
- Germany (2.5 tons)
- Syrian Arab Republic (1.7 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Sweden | 12.0 | 26.0 | 29.6 | 57.1% | |
United Kingdom | N/A | N/A | 1.0 | 0% | |
Others | 12.2 | 26.0 | N/A | 113.1% | |
Total | 24.2 | 52.0 | 30.6 | 12.4% |
Top Export Markets for Cumin Seeds, Crushed or Ground from Norway in 2022:
- Sweden (1346.0 kg)
- United Kingdom (150.0 kg)
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Norway.
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
This report provides an in-depth analysis of the market for anise, badian, fennel and coriander in Norway.
This report provides an in-depth analysis of the global market for anise, badian, fennel and coriander.
Nothing found. Please try again.