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

Contents:

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

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

In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $1,122 per ton, with a decrease of -40.7% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs at $2,469 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 India ($1,141 per ton), while the price for the United Arab Emirates amounted to $676 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-7.5%).

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

The average export price for cumin seeds, neither crushed nor ground stood at $1,554 per ton in 2022, falling by -25.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $3,242 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($3,725 per ton), while the average price for exports to Nigeria ($60 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 Uganda (+18.2%), while the prices for the other major destinations experienced a decline.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Kenya

In 2022, imports of cumin seeds, neither crushed nor ground into Kenya rose remarkably to 579 tons, increasing by 8.8% on the year before. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of 616 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cumin seeds, neither crushed nor ground shrank remarkably to $649K in 2022. Over the period under review, imports, however, saw a deep contraction. The smallest decline of -4.7% was in 2020.

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

1. India (554.2 tons)
2. United Arab Emirates (23.1 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Kenya

Exports of cumin seeds, neither crushed nor ground from Kenya surged to 112 kg in 2022, picking up by 315% compared with the previous year. Over the period under review, exports continue to indicate a moderate increase.

In value terms, exports of cumin seeds, neither crushed nor ground surged to $174 in 2022. Overall, exports, however, continue to indicate a pronounced shrinkage.

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

1. Nigeria (50.0 kg)
2. Rwanda (40.0 kg)
3. Uganda (22.0 kg)

Source: IndexBox Market Intelligence Platform