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

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $4,204 per ton in 2022, surging by 4% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 80%. The import price peaked at $8,064 per ton in 2012; however, from 2013 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 Syrian Arab Republic ($17,059 per ton), while the price for India ($4,143 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+138.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, neither crushed nor ground stood at $6,214 per ton in 2022, picking up by 11% against the previous year. Overall, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the maximum at $10,063 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +19.5% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Serbia

In 2022, the amount of cumin seeds, neither crushed nor ground imported into Serbia skyrocketed to 11 tons, with an increase of 625% compared with the year before. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cumin seeds, neither crushed nor ground skyrocketed to $46K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. India (7.0 tons)
2. Pakistan (4.0 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Serbia

In 2022, approx. 140 kg of cumin seeds, neither crushed nor ground were exported from Serbia; reducing by -50.5% compared with 2021 figures. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,669% against the previous year. As a result, the exports attained the peak of 283 kg, and then reduced remarkably in the following year.

In value terms, exports of cumin seeds, neither crushed nor ground fell dramatically to $870 in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 881%. As a result, the exports reached the peak of $1.6K, and then dropped notably in the following year.

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

1. Montenegro (140.0 kg)

Source: IndexBox Market Intelligence Platform