Price for Cumin Seeds, Neither Crushed Nor Ground in South Africa - 2023
Contents:
- Price for Cumin Seeds, Neither Crushed Nor Ground in South Africa (CIF) - 2023
- Price for Cumin Seeds, Neither Crushed Nor Ground in South Africa (FOB) - 2022
- Imports of Cumin Seeds, Neither Crushed Nor Ground in South Africa
- Exports of Cumin Seeds, Neither Crushed Nor Ground in South Africa
Price for Cumin Seeds, Neither Crushed Nor Ground in South Africa (CIF) - 2023
In November 2023, the average import price for cumin seeds, neither crushed nor ground amounted to $5,006 per ton, with a decrease of -14.6% against the previous month. In general, the import price, however, posted a strong expansion. The growth pace was the most rapid in September 2023 an increase of 162% m-o-m. As a result, import price reached the peak level of $7,114 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was China ($6,848 per ton), while the price for India totaled $4,571 per ton.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cumin Seeds, Neither Crushed Nor Ground in South Africa (FOB) - 2022
In 2022, the average export price for cumin seeds, neither crushed nor ground amounted to $1,474 per ton, waning by -47.8% against the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2020 an increase of 174% against the previous year. As a result, the export price attained the peak level of $5,908 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($3,955 per ton), while the average price for exports to Australia ($509 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 Namibia (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cumin Seeds, Neither Crushed Nor Ground in South Africa
In 2022, supplies from abroad of cumin seeds, neither crushed nor ground decreased by -28.5% to 696 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cumin seeds, neither crushed nor ground shrank to $1.9M in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, imports attained the peak of $2.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Cumin Seeds, Neither Crushed Nor Ground in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.8 | 2.1 | 2.0 | 1.9 | 1.8% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 1.9 | 2.2 | 2.1 | 1.9 | 0.0% |
Top Suppliers of Cumin Seeds, Neither Crushed Nor Ground to South Africa in 2022:
- India (692.4 tons)
Exports of Cumin Seeds, Neither Crushed Nor Ground in South Africa
In 2022, approx. 27 tons of cumin seeds, neither crushed nor ground were exported from South Africa; jumping by 278% compared with the year before. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of cumin seeds, neither crushed nor ground skyrocketed to $40K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 222% against the previous year. As a result, the exports reached the peak of $67K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cumin Seeds, Neither Crushed Nor Ground in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 0.1 | 2.9 | 3.3 | 14.9 | 430.1% |
| Australia | 0.6 | N/A | N/A | 8.7 | 143.8% |
| Namibia | 5.2 | 4.1 | 4.8 | 3.6 | -11.5% |
| Botswana | 1.8 | 2.4 | 6.6 | 3.6 | 26.0% |
| Solomon Islands | N/A | N/A | N/A | 1.7 | 0% |
| Mozambique | 0.1 | 0.3 | 2.3 | 1.7 | 157.1% |
| Angola | N/A | N/A | N/A | 1.6 | 0% |
| Switzerland | 5.0 | 4.3 | 0.7 | 0.5 | -53.6% |
| Zambia | 6.1 | 0.1 | 0.2 | 0.1 | -74.6% |
| Canada | N/A | 52.1 | N/A | N/A | 0% |
| Others | 2.1 | 1.3 | 2.7 | 4.0 | 24.0% |
| Total | 20.9 | 67.4 | 20.5 | 40.4 | 24.6% |
Top Export Markets for Cumin Seeds, Neither Crushed Nor Ground from South Africa in 2022:
- Australia (17.1 tons)
- Zimbabwe (4.2 tons)
- Solomon Islands (1.3 tons)
- Namibia (1.3 tons)
- Botswana (1.3 tons)
- Angola (0.8 tons)
- Mozambique (0.4 tons)
- Switzerland (0.1 tons)
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