Price for Cumin Seeds, Crushed or Ground in Romania - 2023
Contents:
- Price for Cumin Seeds, Crushed or Ground in Romania (FOB) - 2022
- Price for Cumin Seeds, Crushed or Ground in Romania (CIF) - 2022
- Exports of Cumin Seeds, Crushed or Ground in Romania
- Imports of Cumin Seeds, Crushed or Ground in Romania
Price for Cumin Seeds, Crushed or Ground in Romania (FOB) - 2022
In 2022, the average export price for cumin seeds, crushed or ground amounted to $6,564 per ton, which is down by -26% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 165% against the previous year. As a result, the export price reached the peak level of $9,993 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($17,947 per ton), while the average price for exports to Hungary ($2,746 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 Italy (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cumin Seeds, Crushed or Ground in Romania (CIF) - 2022
The average import price for cumin seeds, crushed or ground stood at $5,466 per ton in 2022, surging by 8% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 an increase of 81% against the previous year. The import price peaked at $6,797 per ton in 2012; however, from 2013 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 Austria ($8,701 per ton), while the price for Syrian Arab Republic ($911 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cumin Seeds, Crushed or Ground in Romania
After three years of growth, overseas shipments of cumin seeds, crushed or ground decreased by -45.1% to 12 tons in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 91% against the previous year.
In value terms, cumin seeds, crushed or ground exports contracted significantly to $81K in 2022. Over the period under review, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, the exports attained the peak of $200K, and then declined dramatically in the following year.
| Export of Cumin Seeds, Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 18.3 | 14.5 | 48.7 | 33.0 | 21.7% |
| Hungary | 6.9 | 12.5 | 20.0 | 24.1 | 51.7% |
| France | 22.3 | 24.3 | 50.6 | 21.9 | -0.6% |
| Germany | 12.3 | 52.0 | 71.4 | 0.7 | -61.5% |
| Poland | 3.6 | 7.3 | 0.2 | N/A | -76.4% |
| Turkey | N/A | N/A | 5.3 | N/A | 0% |
| Others | 2.8 | 2.6 | 4.0 | 1.8 | -13.7% |
| Total | 66.2 | 113 | 200 | 81.4 | 7.1% |
Top Export Markets for Cumin Seeds, Crushed or Ground from Romania in 2022:
- Hungary (8.8 tons)
- Italy (1.8 tons)
- France (1.4 tons)
- Germany (0.2 tons)
Imports of Cumin Seeds, Crushed or Ground in Romania
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 -46.1% to 16 tons. Over the period under review, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, imports attained the peak of 29 tons, and then declined rapidly in the following year.
In value terms, cumin seeds, crushed or ground imports contracted significantly to $86K in 2022. Overall, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of $147K, and then fell significantly in the following year.
| Import of Cumin Seeds, Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.2 | 43.0 | 88.7 | 34.4 | 12.4% |
| Hungary | 11.5 | 12.3 | 11.8 | 17.0 | 13.9% |
| Slovakia | 6.1 | 9.0 | 10.4 | 11.5 | 23.5% |
| Poland | 4.3 | 4.2 | 11.6 | 9.8 | 31.6% |
| Latvia | N/A | 6.6 | 6.8 | 8.4 | 12.8% |
| Netherlands | 34.6 | 17.0 | 7.6 | 1.9 | -62.0% |
| Turkey | 5.3 | 2.0 | 2.6 | 1.4 | -35.8% |
| Syrian Arab Republic | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Finland | 6.6 | 9.8 | 4.5 | N/A | -17.4% |
| Others | 5.2 | 7.2 | 3.2 | 1.0 | -42.3% |
| Total | 97.8 | 111 | 147 | 85.8 | -4.3% |
Top Suppliers of Cumin Seeds, Crushed or Ground to Romania in 2022:
- Finland (undefined tons)
- Germany (4.7 tons)
- Hungary (3.3 tons)
- Slovakia (3.0 tons)
- Latvia (2.2 tons)
- Poland (1.2 tons)
- Netherlands (0.5 tons)
- Syrian Arab Republic (0.4 tons)
- Turkey (0.3 tons)
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