Price for Cumin Seeds, Neither Crushed Nor Ground in Finland - 2023

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $5,593 per ton in 2022, falling by -12% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 54%. The import price peaked at $12,719 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($6,161 per ton) and Estonia ($5,667 per ton), while the price for India ($4,250 per ton) and Germany ($5,436 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cumin seeds, neither crushed nor ground stood at $4,720 per ton in 2022, picking up by 67% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 174%. The export price peaked at $6,120 per ton in 2019; however, from 2020 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 Belarus.

From 2016 to 2022, the rate of growth in terms of prices for Russia amounted to -83.1% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Finland

In 2022, imports of cumin seeds, neither crushed nor ground into Finland surged to 5.9 tons, picking up by 97% compared with 2021. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 104%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cumin seeds, neither crushed nor ground skyrocketed to $33K in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 84% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

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

1. Germany (5.0 tons)
2. Netherlands (0.8 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Finland

In 2022, shipments abroad of cumin seeds, neither crushed nor ground decreased by -30.6% to 25 kg, falling for the second consecutive year after two years of growth. In general, exports showed a sharp setback. The growth pace was the most rapid in 2020 when exports increased by 1,461%. As a result, the exports attained the peak of 102 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cumin seeds, neither crushed nor ground skyrocketed to $118 in 2022. Overall, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year. As a result, the exports attained the peak of $105K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Belarus (25.0 kg)

Source: IndexBox Market Intelligence Platform