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

Contents:

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

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

The average import price for cumin seeds, neither crushed nor ground stood at $4,035 per ton in 2022, with an increase of 30% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 84% against the previous year. Over the period under review, average import prices reached the peak figure at $4,558 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($10,464 per ton), while the price for Finland ($1,819 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cumin seeds, neither crushed nor ground stood at $3,771 per ton in 2022, growing by 121% against the previous year. In general, the export price posted measured growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 151%. The export price peaked at $7,543 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($4,619 per ton), while the average price for exports to Norway ($3,691 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 Sweden (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cumin Seeds, Neither Crushed Nor Ground in Estonia

In 2022, purchases abroad of cumin seeds, neither crushed nor ground decreased by -65.1% to 4.4 tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 102%. As a result, imports reached the peak of 22 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 markedly to $18K in 2022. In general, imports faced a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 79%. As a result, imports attained the peak of $89K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cumin Seeds, Neither Crushed Nor Ground in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania0.36.87.06.7181.6%
GermanyN/A4.39.55.210.0%
Finland14.616.518.14.1-34.5%
India0.7N/A2.71.528.9%
SpainN/A24.0N/AN/A0%
SwedenN/A17.1N/AN/A0%
FranceN/A8.6N/AN/A0%
Poland12.5N/A0.3N/A-84.5%
Turkey12.1N/AN/AN/A0%
Others9.311.41.70.2-72.2%
Total49.688.839.417.8-28.9%

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

  1. Finland (2250.0 kg)
  2. Lithuania (1320.0 kg)
  3. Germany (500.0 kg)
  4. India (275.0 kg)

Exports of Cumin Seeds, Neither Crushed Nor Ground in Estonia

For the third year in a row, Estonia recorded decline in shipments abroad of cumin seeds, neither crushed nor ground, which decreased by -99.2% to 892 kg in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of -28% was in 2020.

In value terms, exports of cumin seeds, neither crushed nor ground fell sharply to $3.4K in 2022. Over the period under review, exports faced a dramatic setback. The smallest decline of -22.5% was in 2020.

Export of Cumin Seeds, Neither Crushed Nor Ground in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/A1.71.81.82.9%
Sweden24.210.07.51.4-61.3%
Finland0.527.30.10.1-41.5%
Germany361274173N/A-30.8%
Lithuania20.4N/AN/AN/A0%
Others4.14.70.2N/A-77.9%
Total4103181823.4-79.8%

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

  1. Norway (501.0 kg)
  2. Sweden (370.0 kg)
  3. Finland (21.0 kg)

Source: IndexBox Market Intelligence Platform

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