What is the price of cumin seeds per kilogram/pound in Myanmar today?
The retail price range for Myanmar cumin seeds is between US$ 2.16 and US$ 4.27 per kilogram or between US$ 0.98 and US$ 1.93 per pound(lb). Click here to see today's exact prices of cumin seeds in Myanmar
The retail price range in Kyat for cumin seeds is between MMK 4,588.56 and MMK 9,075.16 per kilogram or between MMK 2,080.98 and MMK 4,115.72 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar cumin seeds is between US$ 1.51 and US$ 2.99 per kilogram or between US$ 0.68 and US$ 1.35 per pound(lb).
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Myanmar Cumin Seeds Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cumin Seeds from Myanmar has seen a steady decline over the last five years. In 2014, the price was 0.71 US dollars per kg, and by 2021, it had dropped to 0.47 US dollars per kg. This represents a 34% decrease in price over the five year period. The biggest drop in price occurred between 2018 and 2019, when the price fell from 0.50 US dollars per kg to 0.33 US dollars per kg, a decrease of 34%. Based on this trend, it is predicted that the export price per kilogram of Cumin Seeds from Myanmar will be 0.41 US dollars per kg in 2023 and 0.35 US dollars per kg in 2024.Myanmar Cumin Seeds Import Prices - Historical, Trends and Prediction
The import price of Cumin Seeds into Myanmar has seen a steady decline over the past five years. In 2014, the price per kilogram was 0.71 US dollars, and this increased to 0.81 US dollars in 2015. However, in 2016, the price dropped to 0.91 US dollars, before decreasing further to 0.81 US dollars in 2017. The price then dropped significantly to 0.50 US dollars in 2018, before reaching its lowest point of 0.33 US dollars in 2019. In 2020, the price increased slightly to 0.57 US dollars, before dropping again to 0.47 US dollars in 2021. Based on this data, it is likely that the price of Cumin Seeds into Myanmar will continue to decrease in the coming years. We can predict that the price in 2023 will be around 0.40 US dollars, and in 2024 it will be around 0.35 US dollars.Export values for Myanmar cumin seeds
The total values in export for cumin seeds in Myanmar were US$ 269, US$ 26, US$ 5 and US$ 25 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Myanmar: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of cumin seeds in other countries across Asia: Kazakhstan cumin seeds, Kyrgyzstan cumin seeds, Tajikistan cumin seeds, Turkmenistan cumin seeds, Uzbekistan cumin seeds, China cumin seeds, Hong Kong cumin seeds, Macao cumin seeds, North Korea cumin seeds & Mongolia cumin seeds.
Myanmar cumin seeds - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar sold 75 tonnes of cumin seeds. For the year 2019 alone, the interest in Myanmar cumin seeds (herbs and spices category) has increased, with a change of 275 pc compared to the year 2018. Between 2017 and 2019, cumin seeds' exports increased by 134.38 pc bringing the nation US$0.02m for the year 2019. Myanmar's cumin seeds exports are categorised as:
- Cumin seeds (HS code 090930)
- Cumin seeds, crushed or ground (HS code 090932)
- Cumin seeds, neither crushed nor ground (HS code 090931)
- Cumin seeds (HS code 0909Xb)
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Myanmar cumin seeds export values
In 2019, Myanmar sold cumin seeds worth 0.02m USD, a surge of 300.00% from 2018's total cumin seeds export of 0.005m USD. The annual growth in value of Myanmar cumin seeds between 2017 to 2018 was -80.769 percent.
The annual/yearly variation in the amount of Myanmar's cumin seeds exports between 2017 and 2019 was 134.38 percent in comparison to a variation of 275% in the period between 2018 and 2019.
Export markets for Myanmar cumin seeds ( in '000$ )
Myanmar procured 413 tonnes of cumin seeds in 2019.