Price for Cumin Seeds, Neither Crushed Nor Ground in Costa Rica - 2022
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in Costa Rica (CIF) - 2022
- Imports of Cumin Seeds, Neither Crushed Nor Ground in Costa Rica
Price for Cumin Seeds, Neither Crushed Nor Ground in Costa Rica (CIF) - 2022
In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $5,025 per ton, increasing by 39% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cumin seeds, neither crushed nor ground increased by +88.1% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($6,477 per ton), while the price for India amounted to $4,460 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cumin Seeds, Neither Crushed Nor Ground in Costa Rica
After two years of decline, overseas purchases of cumin seeds, neither crushed nor ground increased by 50% to 17 tons in 2022. Overall, imports, however, recorded a deep downturn.
In value terms, imports of cumin seeds, neither crushed nor ground soared to $84K in 2022. Over the period under review, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cumin Seeds, Neither Crushed Nor Ground in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.0 | 3.4 | 3.5 | 53.4 | 96.9% |
| Spain | 38.8 | 14.1 | 6.2 | 30.2 | -8.0% |
| Belgium | 1.9 | 0.9 | 1.0 | N/A | -27.5% |
| Guatemala | 4.5 | 12.6 | 29.1 | N/A | 154.3% |
| Singapore | N/A | 11.7 | N/A | N/A | 0% |
| Others | 0.8 | 0.4 | 0.4 | N/A | -29.3% |
| Total | 53.0 | 43.0 | 40.1 | 83.6 | 16.4% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Costa Rica in 2022:
- India (12.0 tons)
- Spain (4.7 tons)
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