World - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Sri Lanka Is the World’s Leading Cinnamon Exporter
Sri Lanka dominates in the global cinnamon trade. In 2014, Sri Lanka exported X thousand tonnes of сinnamon totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total сinnamon exports in value terms, accounting for X% of Mexico's total imports.
From 2007 to 2014, Sri Lanka was a net exporter of сinnamon. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was more pronounced, except for 2009, 2010 and 2012, when the difference was less notable. In 2009-2010, the difference narrowed due to low import prices, and it was less notable in 2012 due to high export prices.
Indonesia and China were among the other main global suppliers of cinnamon in 2014. However, the fastest growing exporters from 2007 to 2014 were France (+X% per year) and Indonesia (+X% per year). Indonesia significantly strengthened its position in the global export structure.
In 2014, Sri Lanka's top X trading partners were Mexico, the U.S., Peru, Colombia and Guatemala, with a combined X% share of Sri Lanka's сinnamon exports. The share of the U.S. increased (+X percentage points), while the share of Mexico illustrated negative dynamics (-X percentage points).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global cinnamon market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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