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

Contents:

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

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

In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $7,691 per ton, rising by 8.4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 21% against the previous year. The import price peaked at $8,073 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($15,540 per ton), while the price for Belgium ($5,495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, neither crushed nor ground stood at $11,496 per ton in 2022, picking up by 54% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($16,154 per ton), while the average price for exports to the UK ($10,384 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+438.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Ireland

In 2022, after three years of growth, there was significant decline in purchases abroad of cumin seeds, neither crushed nor ground, when their volume decreased by -62.3% to 20 tons. In general, imports faced a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 49%. As a result, imports attained the peak of 53 tons, and then fell dramatically in the following year.

In value terms, imports of cumin seeds, neither crushed nor ground declined markedly to $155K in 2022. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of $380K, and then fell remarkably in the following year.

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

1. Pakistan (7.0 tons)
2. United Kingdom (6.2 tons)
3. Turkey (2.7 tons)
4. India (2.6 tons)
5. France (0.6 tons)
6. Belgium (0.6 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Ireland

In 2022, the amount of cumin seeds, neither crushed nor ground exported from Ireland surged to 748 kg, rising by 494% compared with 2021. Overall, exports, however, saw a deep contraction.

In value terms, exports of cumin seeds, neither crushed nor ground surged to $8.6K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (563.0 kg)
2. Netherlands (172.0 kg)
3. Malta (13.0 kg)

Source: IndexBox Market Intelligence Platform