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

Contents:

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

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

In 2022, the average import price for cumin seeds, neither crushed nor ground amounted to $7,368 per ton, jumping by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($16,645 per ton), while the price for Lithuania ($2,414 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, neither crushed nor ground stood at $9,647 per ton in 2022, growing by 51% against the previous year. In general, the export price, however, saw a abrupt contraction. The export price peaked at $26,169 per ton in 2012; however, from 2013 to 2022, the 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 France ($10,067 per ton), while the average price for exports to Germany amounted to $6,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.8%), while the prices for the other major destinations experienced a decline.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Switzerland

After three years of growth, purchases abroad of cumin seeds, neither crushed nor ground decreased by -21.9% to 45 tons in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 58%.

In value terms, imports of cumin seeds, neither crushed nor ground dropped to $334K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 76% against the previous year.

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

1. India (21.2 tons)
2. Germany (9.0 tons)
3. Lithuania (5.0 tons)
4. United Kingdom (2.2 tons)
5. Spain (2.0 tons)
6. Turkey (1.9 tons)
7. China (1.3 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Switzerland

In 2022, overseas shipments of cumin seeds, neither crushed nor ground decreased by -99.5% to 17 kg, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous descent. The pace of growth was the most pronounced in 2020 when exports increased by 1,326%. As a result, the exports reached the peak of 9.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cumin seeds, neither crushed nor ground contracted remarkably to $164 in 2022. In general, exports faced a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 681%. As a result, the exports reached the peak of $46K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. France (15.0 kg)
2. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform