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

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

The average import price for cumin seeds, neither crushed nor ground stood at $3,097 per ton in 2022, rising by 40% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +0.9% per year.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Chile

In 2022, supplies from abroad of cumin seeds, neither crushed nor ground decreased by -3.2% to 502 tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 37%. As a result, imports reached the peak of 688 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 surged to $1.6M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.