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

Contents:

1. Price for Cumin Seeds, Neither Crushed Nor Ground in France (CIF) - 2023
2. Price for Cumin Seeds, Neither Crushed Nor Ground in France (FOB) - 2022
3. Imports of Cumin Seeds, Neither Crushed Nor Ground in France
4. Exports of Cumin Seeds, Neither Crushed Nor Ground in France

Price for Cumin Seeds, Neither Crushed Nor Ground in France (CIF) - 2023

In October 2023, the average import price for cumin seeds, neither crushed nor ground amounted to $8,477 per ton, picking up by 25% against the previous month. Overall, import price indicated strong growth from October 2022 to October 2023: its price increased at an average monthly rate of +8.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for cumin seeds, neither crushed nor ground increased by +58.3% against August 2023 indices. The pace of growth was the most pronounced in November 2022 an increase of 36% against the previous month. Over the period under review, average import prices reached the maximum in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($12,140 per ton), while the price for India ($5,531 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $5,251 per ton, declining by -22.5% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 an increase of 32%. Over the period under review, the average export prices reached the peak figure at $7,380 per ton in 2015; however, from 2016 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 UK ($7,875 per ton), while the average price for exports to India ($3,062 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 Germany (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Neither Crushed Nor Ground in France

In 2022, purchases abroad of cumin seeds, neither crushed nor ground decreased by -12.6% to 1.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cumin seeds, neither crushed nor ground contracted significantly to $4.7M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, imports reached the peak of $6.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. India (603.2 tons)
2. Syrian Arab Republic (129.3 tons)
3. Turkey (113.2 tons)
4. Netherlands (98.4 tons)
5. Pakistan (44.4 tons)
6. Iran (43.5 tons)
7. Spain (27.3 tons)
8. Singapore (22.2 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in France

In 2022, the amount of cumin seeds, neither crushed nor ground exported from France expanded remarkably to 159 tons, growing by 7.8% on the previous year's figure. In general, exports, however, continue to indicate a mild shrinkage.

In value terms, exports of cumin seeds, neither crushed nor ground fell dramatically to $835K in 2022. Overall, exports, however, showed a mild setback. The pace of growth appeared the most rapid in 2020 with an increase of 29%. As a result, the exports reached the peak of $1.1M. 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 France in 2022:

1. Poland (54.3 tons)
2. India (16.9 tons)
3. Netherlands (15.9 tons)
4. Spain (14.0 tons)
5. Germany (10.2 tons)
6. Belgium (8.5 tons)
7. Italy (7.6 tons)
8. Portugal (7.3 tons)
9. United Kingdom (6.8 tons)
10. Switzerland (4.4 tons)

Source: IndexBox Market Intelligence Platform