Price for Cumin Seeds, Crushed or Ground in Estonia - 2023

Contents:

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

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

The average import price for cumin seeds, crushed or ground stood at $4,608 per ton in 2022, which is down by -2.6% against the previous year. In general, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26% against the previous year. The import price peaked at $5,266 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Finland ($6,988 per ton), while the price for India ($4,381 per ton) was amongst the lowest.

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

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

In 2022, the average export price for cumin seeds, crushed or ground amounted to $13,083 per ton, falling by -20.8% against the previous year. In general, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2019 an increase of 34% against the previous year. The export price peaked at $16,514 per ton in 2021, and then contracted significantly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($21,468 per ton), while the average price for exports to Norway ($3,440 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 Lithuania (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cumin Seeds, Crushed or Ground in Estonia

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 39% to 85 tons. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cumin seeds, crushed or ground imports soared to $392K in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. India (43.1 tons)
2. Vietnam (22.5 tons)
3. Sweden (17.7 tons)
4. Finland (1.5 tons)

Exports of Cumin Seeds, Crushed or Ground in Estonia

In 2022, cumin seeds, crushed or ground exports from Estonia skyrocketed to 6.9 tons, rising by 17% compared with 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cumin seeds, crushed or ground exports declined to $90K in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of $97K, and then fell in the following year.

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

1. Sweden (1736.0 kg)
2. Belgium (1197.0 kg)
3. Lithuania (1145.0 kg)
4. Latvia (797.0 kg)
5. Denmark (639.0 kg)
6. Poland (628.0 kg)
7. Norway (500.0 kg)

Source: IndexBox Market Intelligence Platform