World - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Cinnamon in the World?
In 2015, the countries with the highest levels of production in 2015 were Indonesia (X thousand tonnes), China (X thousand tonnes), Viet Nam (X thousand tonnes), together accounting for X% of total output.
From 2007 to 2015, the most notable growth rates of cinnamon production among the main producing countries was attained by Viet Nam (+X% per year), while the other global leaders experienced mixed trends in the output figures.
Top Cinnamon Producing Countries in the World
X. Indonesia (X Tonnes)
X. China (X Tonnes)
X. Viet Nam (X Tonnes)
X. Sri Lanka (X Tonnes)
X. Madagascar (X Tonnes)
Global Cinnamon Production
Global cinnamon production amounted to X thousand tonnes in 2015, rising by +X% against the previous year level. Overall, the global cinnamon output pursued a pronounced growth from 2007 to 2015. The trend pattern was relatively stable, with only minor fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +X%. The growth pace was the most rapid in 2009, when the output figure increased by +X% from the previous year level. Over the period under review, the global cinnamon production reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.
Over the analyzed period, an increase in global cinnamon production was primarily driven by diversification of diet and growth of bakery products. Furthermore, these key drivers are expected to continue promoting the cinnamon output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and a slight contraction of the yield figures.
The world cinnamon harvested area amounted to X thousand ha in 2015, which was X% more than the previous year figure. The cinnamon harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +X% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total cinnamon harvested area peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for globally.
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Source: IndexBox AI Platform
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