Price for Cumin Seeds, Neither Crushed Nor Ground in Colombia - 2022

Contents:

1. Price for Cumin Seeds, Neither Crushed Nor Ground in Colombia (CIF) - 2022
2. Price for Cumin Seeds, Neither Crushed Nor Ground in Colombia (FOB) - 2022
3. Imports of Cumin Seeds, Neither Crushed Nor Ground in Colombia
4. Exports of Cumin Seeds, Neither Crushed Nor Ground in Colombia

Price for Cumin Seeds, Neither Crushed Nor Ground in Colombia (CIF) - 2022

The average import price for cumin seeds, neither crushed nor ground stood at $2,405 per ton in February 2022, with a decrease of -9.9% against the previous month. In general, the import price, however, recorded a mild increase. The most prominent rate of growth was recorded in August 2021 an increase of 237% against the previous month. As a result, import price reached the peak level of $7,929 per ton. From September 2021 to February 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From February 2021 to February 2022, the rate of growth in terms of prices for India amounted to +1.4% per month.

Price for Cumin Seeds, Neither Crushed Nor Ground in Colombia (FOB) - 2022

In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $1,581 per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. Over the period under review, the average export prices reached the peak figure at $5,676 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for India amounted to +1.8% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Colombia

Imports of cumin seeds, neither crushed nor ground into Colombia declined dramatically to 1.1K tons in 2022, falling by -43.8% compared with the previous year's figure. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 2K tons, and then shrank sharply in the following year.

In value terms, imports of cumin seeds, neither crushed nor ground declined significantly to $3.5M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 56% against the previous year. As a result, imports attained the peak of $4.5M, and then reduced markedly in the following year.

Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Colombia in 2022:

1. India (1072.9 tons)
2. Haiti (24.5 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Colombia

In 2022, exports of cumin seeds, neither crushed nor ground from Colombia soared to 191 kg, with an increase of 1,094% compared with the previous year. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cumin seeds, neither crushed nor ground surged to $302 in 2022. Over the period under review, exports, however, saw a dramatic shrinkage.

Top Export Markets for Cumin Seeds, Neither Crushed Nor Ground from Colombia in 2022:

1. Canada (189.0 kg)

Source: IndexBox Market Intelligence Platform