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

Contents:

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

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

In 2022, the average import price for cumin seeds, crushed or ground amounted to $5,197 per ton, which is down by -16.8% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 53%. As a result, import price attained the peak level of $13,338 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 ($14,021 per ton), while the price for Turkey ($2,121 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cumin seeds, crushed or ground amounted to $3,246 per ton, reducing by -60.7% against the previous year. Overall, the export price faced a deep contraction. The growth pace was the most rapid in 2018 an increase of 118% against the previous year. The export price peaked at $13,000 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($14,952 per ton), while the average price for exports to Hungary ($2,078 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 Sweden (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cumin Seeds, Crushed or Ground in Slovenia

For the fourth year in a row, Slovenia recorded growth in supplies from abroad of cumin seeds, crushed or ground, which increased by 32% to 4 tons in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 145% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cumin seeds, crushed or ground imports expanded sharply to $21K in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 124% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Cumin Seeds, Crushed or Ground in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary0.35.16.312.6247.6%
Turkey0.1N/AN/A2.6196.2%
Austria0.20.85.62.0115.4%
Germany0.70.40.91.734.4%
NetherlandsN/A0.62.81.241.4%
Bosnia and Herzegovina2.73.01.7N/A-20.7%
United KingdomN/A2.2N/AN/A0%
Czech Republic1.0N/AN/AN/A0%
Others0.60.31.70.75.3%
Total5.612.519.020.854.9%

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

  1. Hungary (2252.0 kg)
  2. Turkey (1203.0 kg)
  3. Germany (173.0 kg)
  4. Netherlands (156.0 kg)
  5. Austria (142.0 kg)
  6. United Kingdom (6.0 kg)

Exports of Cumin Seeds, Crushed or Ground in Slovenia

In 2022, approx. 1.4 tons of cumin seeds, crushed or ground were exported from Slovenia; rising by 489% against 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,263%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cumin seeds, crushed or ground exports surged to $4.7K in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 915%. As a result, the exports attained the peak of $5.1K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Cumin Seeds, Crushed or Ground in Slovenia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/AN/A2,5190%
Russia274612N/A62831.8%
North Macedonia23033020450329.8%
ItalyN/AN/AN/A4000%
MontenegroN/A63.0264329128.5%
SwedenN/AN/A88.0261196.6%
Bosnia and HerzegovinaN/A3,9141,414N/A-63.9%
OthersN/A19743.024.0-65.1%
Total5045,1162,0134,664109.9%

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

  1. Hungary (1212.0 kg)
  2. Montenegro (65.0 kg)
  3. North Macedonia (45.0 kg)
  4. Russia (42.0 kg)
  5. Italy (41.0 kg)
  6. Sweden (28.0 kg)

Source: IndexBox Market Intelligence Platform

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