Price for Cumin Seeds, Crushed or Ground in Bahrain - 2022

Contents:

1. Price for Cumin Seeds, Crushed or Ground in Bahrain (CIF) - 2022
2. Price for Cumin Seeds, Crushed or Ground in Bahrain (FOB) - 2022
3. Imports of Cumin Seeds, Crushed or Ground in Bahrain
4. Exports of Cumin Seeds, Crushed or Ground in Bahrain

Price for Cumin Seeds, Crushed or Ground in Bahrain (CIF) - 2022

In 2022, the average import price for cumin seeds, crushed or ground amounted to $2,397 per ton, shrinking by -5.6% against the previous year. Over the period under review, import price indicated measured growth from 2013 to 2022: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cumin seeds, crushed or ground import price increased by +3.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 45% against the previous year. As a result, import price reached the peak level of $2,878 per ton. From 2019 to 2022, the average 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 Iran ($3,874 per ton), while the price for Syrian Arab Republic ($1,152 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cumin Seeds, Crushed or Ground in Bahrain (FOB) - 2022

The average export price for cumin seeds, crushed or ground stood at $3,554 per ton in 2022, which is down by -28% against the previous year. Overall, the export price, however, showed a notable increase. The most prominent rate of growth was recorded in 2021 an increase of 76%. Over the period under review, the average export prices attained the maximum at $7,217 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,765 per ton), while the average price for exports to Oman ($1,741 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Crushed or Ground in Bahrain

In 2022, after two years of decline, there was significant growth in supplies from abroad of cumin seeds, crushed or ground, when their volume increased by 37% to 69 tons. In general, imports, however, recorded a slight decrease.

In value terms, cumin seeds, crushed or ground imports surged to $165K in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction.

Top Suppliers of Cumin Seeds, Crushed or Ground to Bahrain in 2022:

1. India (40.9 tons)
2. Bangladesh (13.0 tons)
3. United Arab Emirates (8.0 tons)
4. Syrian Arab Republic (4.2 tons)
5. Iran (1.5 tons)

Exports of Cumin Seeds, Crushed or Ground in Bahrain

In 2022, the amount of cumin seeds, crushed or ground exported from Bahrain soared to 38 tons, jumping by 74% compared with the year before. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 259%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, cumin seeds, crushed or ground exports skyrocketed to $136K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 82% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Cumin Seeds, Crushed or Ground from Bahrain in 2022:

1. Oman (18.4 tons)
2. Saudi Arabia (11.5 tons)
3. United Arab Emirates (7.5 tons)
4. United Kingdom (0.7 tons)

Source: IndexBox Market Intelligence Platform