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

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $1,889 per ton in 2022, growing by 1.6% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cumin seeds, neither crushed nor ground decreased by -11.4% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 35%. The import price peaked at $2,133 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,193 per ton), while the price for Pakistan ($130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, neither crushed nor ground stood at $8,380 per ton in 2022, increasing by 271% against the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 390%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +17.6% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Tanzania

In 2022, approx. 13 tons of cumin seeds, neither crushed nor ground were imported into Tanzania; dropping by -95.7% against 2021. In general, imports continue to indicate a precipitous descent. The smallest decline of -3.7% was in 2020.

In value terms, imports of cumin seeds, neither crushed nor ground dropped significantly to $24K in 2022. Overall, imports faced a significant decline. The smallest decline of -10.7% was in 2020.

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

1. United Arab Emirates (7.5 tons)
2. India (4.9 tons)
3. Pakistan (0.5 tons)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Tanzania

For the fourth consecutive year, Tanzania recorded growth in shipments abroad of cumin seeds, neither crushed nor ground, which increased by 585% to 1 tons in 2022. Overall, exports saw 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 $8.4K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United Arab Emirates (1.0 tons)

Source: IndexBox Market Intelligence Platform