Price for Cumin Seeds, Neither Crushed Nor Ground in Ghana - 2022
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in Ghana (CIF) - 2022
- Imports of Cumin Seeds, Neither Crushed Nor Ground in Ghana
Price for Cumin Seeds, Neither Crushed Nor Ground in Ghana (CIF) - 2022
In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $1,418 per ton, picking up by 45% against the previous year. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 62% against the previous year. The import price peaked at $1,866 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,879 per ton), while the price for the United Arab Emirates ($1,178 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.1%), while the prices for the other major suppliers experienced a decline.
Imports of Cumin Seeds, Neither Crushed Nor Ground in Ghana
In 2022, imports of cumin seeds, neither crushed nor ground into Ghana skyrocketed to 24 tons, picking up by 24% on the previous year's figure. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 734% against the previous year. As a result, imports reached the peak of 81 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of cumin seeds, neither crushed nor ground surged to $34K in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 583%. As a result, imports reached the peak of $49K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cumin Seeds, Neither Crushed Nor Ground in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.4 | 37.8 | 11.1 | 24.0 | 115.4% |
| India | 0.4 | 9.7 | 6.5 | 8.1 | 172.6% |
| United Kingdom | 1.0 | 1.0 | 1.0 | 1.5 | 14.5% |
| Others | 3.4 | 0.5 | 0.2 | 0.3 | -55.5% |
| Total | 7.2 | 49.1 | 18.8 | 33.9 | 67.6% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to Ghana in 2022:
- United Arab Emirates (20.4 tons)
- India (2.8 tons)
- United Kingdom (0.7 tons)
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