Price for Cumin Seeds, Crushed or Ground in the United Arab Emirates - 2021
Contents:
- Price for Cumin Seeds, Crushed or Ground in the United Arab Emirates (FOB) - 2022
- Price for Cumin Seeds, Crushed or Ground in the United Arab Emirates (CIF) - 2022
- Exports of Cumin Seeds, Crushed or Ground in the United Arab Emirates
- Imports of Cumin Seeds, Crushed or Ground in the United Arab Emirates
Price for Cumin Seeds, Crushed or Ground in the United Arab Emirates (FOB) - 2022
The average export price for cumin seeds, crushed or ground stood at $2,188 per ton in 2022, dropping by -12.1% against the previous year. Over the period under review, the export price recorded a pronounced descent. The pace of growth was the most pronounced in 2015 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs at $3,294 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,203 per ton), while the average price for exports to Tanzania ($666 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 Tanzania (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Cumin Seeds, Crushed or Ground in the United Arab Emirates (CIF) - 2022
The average import price for cumin seeds, crushed or ground stood at $2,673 per ton in 2022, waning by -2.6% against the previous year. Overall, the import price recorded a noticeable decline. The growth pace was the most rapid in 2014 an increase of 77% against the previous year. Over the period under review, average import prices reached the maximum at $3,450 per ton in 2012; however, from 2013 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 Turkey ($5,385 per ton), while the price for India ($2,512 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cumin Seeds, Crushed or Ground in the United Arab Emirates
In 2022, approx. 220 tons of cumin seeds, crushed or ground were exported from the United Arab Emirates; with an increase of 28% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
In value terms, cumin seeds, crushed or ground exports rose rapidly to $481K in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, the exports reached the peak of $533K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Cumin Seeds, Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.8 | 46.1 | 31.5 | 185 | 137.6% |
Bahrain | 31.3 | 21.7 | 15.0 | 166 | 74.4% |
Tanzania | 43.0 | 21.9 | 33.8 | 24.7 | -16.9% |
France | 0.9 | 0.9 | N/A | 22.1 | 190.7% |
South Korea | N/A | 6.3 | 4.8 | 20.9 | 82.1% |
Canada | 0.1 | 9.0 | 2.0 | 7.6 | 323.6% |
Kuwait | 23.5 | 32.4 | 19.9 | N/A | -8.0% |
Oman | 82.3 | 57.6 | 74.5 | N/A | -4.9% |
Maldives | 34.5 | N/A | 37.2 | N/A | 3.8% |
Saudi Arabia | 178 | 288 | 179 | N/A | 0.3% |
Others | 26.3 | 49.5 | 30.0 | 54.1 | 27.2% |
Total | 434 | 533 | 428 | 481 | 3.5% |
Top Export Markets for Cumin Seeds, Crushed or Ground from the United Arab Emirates in 2022:
- Bahrain (73.4 tons)
- Tanzania (37.1 tons)
- United States (35.6 tons)
- France (27.6 tons)
- South Korea (4.4 tons)
- Canada (3.7 tons)
Imports of Cumin Seeds, Crushed or Ground in the United Arab Emirates
In 2022, supplies from abroad of cumin seeds, crushed or ground increased by 4.7% to 186 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt setback.
In value terms, cumin seeds, crushed or ground imports reached $497K in 2022. Over the period under review, imports, however, continue to indicate a perceptible downturn.
Import of Cumin Seeds, Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 384 | 276 | 298 | 440 | 4.6% |
Turkey | 88.7 | 112 | 79.1 | 34.4 | -27.1% |
United Kingdom | N/A | 7.6 | 14.3 | 16.2 | 46.0% |
Myanmar | 11.5 | N/A | N/A | N/A | 0% |
Pakistan | 59.2 | 37.7 | 31.3 | N/A | -27.3% |
Bahrain | 30.8 | 39.2 | 49.7 | N/A | 27.0% |
Others | 2.7 | 33.8 | 15.0 | 6.2 | 31.9% |
Total | 577 | 506 | 487 | 497 | -4.9% |
Top Suppliers of Cumin Seeds, Crushed or Ground to the United Arab Emirates in 2022:
- India (175.1 tons)
- Turkey (6.4 tons)
- United Kingdom (3.0 tons)
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