Cumin Exports on the Rise: 60% Increase Driven by Neighboring Demand

In the first five months of the financial year 2024-25, India's cumin exports have surged by 60%. It is as per the data released by the Spices Board. This spike is largely due to rising demand from neighboring countries, including Bangladesh and Sri Lanka. While this export boost has elevated cumin’s international profile, it has yet to significantly impact wholesale prices within India’s domestic market.

Trade sources report that delays in the sowing of the new cumin crop in major producing states such as Gujarat and Rajasthan are contributing to a recent uptick in prices. In local markets, cumin varieties like Normal and Machine Clone have experienced price increases, with prices now between $3,09-$3,12 and $3,21-$3,53 per kg, respectively.

Domestic Markets React to Rising Cumin Demand and Limited Supply

In key markets like Unjha Mandi, cumin prices have shown strength as fluctuating supply levels. According to Unjha-based trader Jatin Patel, cumin arrivals were high, reaching around 14,000-15,000 sacks, which briefly caused a price dip. However, with fewer arrivals and increased buying interest, prices rebounded quickly. Local varieties, such as GL Gulab Jeera and Ganesh Jeera, rose to $0,30 per kg. While demand from European importers has been subdued, the surge in exports is primarily fueled by Bangladesh and Sri Lanka.

Spices Board data reveals that between April and August 2024, cumin exports reached 111,531.65 tonnes, valued at $369.36 million, compared to 69,779.04 tonnes and $291.92 million in the same period last year. This reflects a 60% increase in export volume and a 27% rise in earnings year-over-year.

High Temperatures Delay Cumin Sowing in Gujarat and Rajasthan

The sowing season for cumin has not yet begun in Gujarat and Rajasthan. Primarily due to unseasonably high daytime temperatures that have exceeded the ideal 30°C threshold for planting cumin. Trader Dixit Patel noted that current temperatures in Gujarat hover around 35°C. With midday peaks reaching 37°C. Similar conditions prevail in Rajasthan, where farmers are prepared to begin sowing as soon as temperatures fall to an optimal range.

Many farmers in Gujarat and Rajasthan have already prepared their fields for the new cumin crop. Balancing field preparation with the harvesting of Kharif crops. As soon as temperatures cool, they plan to start sowing swiftly to meet high market demand.

Conclusion

India's cumin exports are on a strong upward trajectory, with demand from neighboring countries driving a substantial 60% increase. However, domestic prices remain sensitive to both export volumes and delayed sowing in key regions. Until temperatures stabilize and sowing resumes, cumin prices are expected to stay firm in the domestic market. As demand from South Asian nations continues, the cumin sector shows potential for further growth, contingent on weather conditions and timely crop management.





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