Price for Cumin Seeds, Crushed or Ground in Uganda - 2022

Contents:

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

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

In 2022, the average import price for cumin seeds, crushed or ground amounted to $3,476 per ton, standing approx. at the previous year. Overall, the import price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 67% against the previous year. As a result, import price reached the peak level of $5,000 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($5,276 per ton), while the price for China ($285 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, crushed or ground stood at $7,244 per ton in 2021, approximately mirroring the previous year. Over the period under review, the export price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 63% against the previous year. Over the period under review, the average export prices hit record highs at $7,270 per ton in 2020, and then dropped modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2015 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +8.1% per year.

Imports of Cumin Seeds, Crushed or Ground in Uganda

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 -7.8% to 8.4 tons. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year.

In value terms, cumin seeds, crushed or ground imports shrank to $29K in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 24%.

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

1. Kenya (4.5 tons)
2. United Arab Emirates (1.5 tons)
3. India (1.5 tons)
4. China (0.8 tons)

Exports of Cumin Seeds, Crushed or Ground in Uganda

In 2021, after two years of growth, there was significant decline in shipments abroad of cumin seeds, crushed or ground, when their volume decreased by -27.4% to 180 kg. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 195% against the previous year. As a result, the exports reached the peak of 248 kg, and then declined sharply in the following year.

In value terms, cumin seeds, crushed or ground exports shrank dramatically to $1.3K in 2021. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 197%. As a result, the exports reached the peak of $1.8K, and then dropped notably in the following year.

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

1. Canada (180.0 kg)

Source: IndexBox Market Intelligence Platform