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

Contents:

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

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

The average export price for cumin seeds, crushed or ground stood at $4,725 per ton in 2022, surging by 120% against the previous year. In general, the export price, however, continues to indicate a noticeable downturn. The export price peaked at $7,779 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($9,429 per ton), while the average price for exports to Cyprus ($2,583 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 Italy (+58.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cumin seeds, crushed or ground stood at $7,087 per ton in 2022, growing by 282% against the previous year. Over the period under review, the import price showed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,900 per ton), while the price for the United Arab Emirates ($2,120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+56.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cumin Seeds, Crushed or Ground in Bulgaria

Cumin seeds, crushed or ground exports from Bulgaria dropped notably to 7.7 tons in 2022, which is down by -58.3% against 2021 figures. In general, exports saw a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 244% against the previous year. As a result, the exports attained the peak of 18 tons, and then shrank dramatically in the following year.

In value terms, cumin seeds, crushed or ground exports fell to $36K in 2022. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 94%. As a result, the exports reached the peak of $40K, and then declined in the following year.

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

1. Greece (4332.0 kg)
2. North Macedonia (990.0 kg)
3. Germany (467.0 kg)
4. United States (350.0 kg)
5. Netherlands (192.0 kg)
6. Belgium (189.0 kg)
7. Italy (114.0 kg)
8. Cyprus (36.0 kg)

Imports of Cumin Seeds, Crushed or Ground in Bulgaria

In 2022, cumin seeds, crushed or ground imports into Bulgaria declined notably to 1.3 tons, reducing by -88.4% on 2021 figures. In general, imports saw a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 104% against the previous year.

In value terms, cumin seeds, crushed or ground imports declined notably to $9.3K in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The smallest decline of -13.2% was in 2021.

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

1. Germany (422.0 kg)
2. Turkey (398.0 kg)
3. North Macedonia (213.0 kg)
4. United Arab Emirates (150.0 kg)
5. Hong Kong SAR (80.0 kg)
6. China (6.0 kg)
7. Austria (2.0 kg)

Source: IndexBox Market Intelligence Platform