Price for Cumin Seeds, Neither Crushed Nor Ground in Jordan - 2022

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $3,205 per ton in 2022, jumping by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Afghanistan ($3,205 per ton), while the price for India ($3,205 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, neither crushed nor ground stood at $2,891 per ton in 2022, surging by 32% against the previous year. Over the period under review, export price indicated a remarkable increase from 2015 to 2022: its price increased at an average annual rate of +7.0% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,891 per ton), while the average price for exports to Saudi Arabia amounted to $2,891 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+32.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Jordan

In 2022, the amount of cumin seeds, neither crushed nor ground imported into Jordan fell significantly to 354 tons, shrinking by -46.9% compared with 2021. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of 666 tons, and then reduced dramatically in the following year.

In value terms, imports of cumin seeds, neither crushed nor ground fell markedly to $1.1M in 2022. In general, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $1.6M, and then declined remarkably in the following year.

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

1. India (244.1 tons)
2. Syrian Arab Republic (93.2 tons)
3. Afghanistan (15.6 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Jordan

In 2022, exports of cumin seeds, neither crushed nor ground from Jordan declined remarkably to 32 tons, with a decrease of -78.8% on the previous year. Over the period under review, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, the exports reached the peak of 153 tons, and then shrank markedly in the following year.

In value terms, exports of cumin seeds, neither crushed nor ground contracted rapidly to $94K in 2022. In general, exports showed a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $334K, and then shrank sharply in the following year.

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

1. Saudi Arabia (20.3 tons)
2. India (12.0 tons)

Source: IndexBox Market Intelligence Platform