Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria - 2022
Contents:
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria (CIF) - 2022
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria (FOB) - 2022
- Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria
- Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria (CIF) - 2022
In 2022, the average import price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $6,386 per ton, picking up by 10% against the previous year. In general, the import price saw significant growth. The growth pace was the most rapid in 2020 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($11,727 per ton), while the price for China ($4,522 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+34.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria (FOB) - 2022
In 2021, the average export price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $2,447 per ton, shrinking by -3.2% against the previous year. Over the period under review, the export price saw a precipitous slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 406%. The export price peaked at $40,000 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2018 to 2021, the rate of growth in terms of prices for Canada amounted to +405.8% per year.
Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria
In 2022, approx. 6.4 tons of spices; cinnamon and cinnamon-tree flowers, crushed or ground were imported into Algeria; declining by -81.4% on 2021. In general, imports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 20%.
In value terms, imports of spices; cinnamon and cinnamon-tree flowers, crushed or ground shrank notably to $41K in 2022. Over the period under review, imports saw a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year.
| Import of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 87.8 | 48.8 | 69.9 | 19.7 | -39.2% |
| United Arab Emirates | 34.2 | 20.4 | 33.1 | 9.5 | -34.8% |
| Vietnam | 111 | 49.9 | 70.9 | 4.5 | -65.6% |
| China | 2.9 | 11.0 | 14.8 | 3.9 | 10.4% |
| Egypt | 6.3 | 6.2 | 9.6 | 2.9 | -22.8% |
| Others | 3.0 | 2.9 | 1.7 | 0.4 | -48.9% |
| Total | 245 | 139 | 200 | 40.9 | -44.9% |
Top Suppliers of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground to Algeria in 2022:
- Indonesia (3.6 tons)
- United Arab Emirates (1.2 tons)
- China (0.9 tons)
- Vietnam (0.4 tons)
- Egypt (0.3 tons)
Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria
In 2021, approx. 38 kg of spices; cinnamon and cinnamon-tree flowers, crushed or ground were exported from Algeria; growing by 12% on 2020 figures. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 750% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to continue growth in the immediate term.
In value terms, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground rose markedly to $93 in 2021. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 4,200%. Over the period under review, the exports of attained the peak figure in 2021 and are likely to continue growth in years to come.
| Export of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Algeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | N/A | N/A | 93.0 | 0% | |
| Canada | 2.0 | 86.0 | N/A | 4200.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.0 | 86.0 | 93.0 | 581.9% | |
Top Export Markets for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground from Algeria in 2022:
- France (38.0 kg)
596
This report provides an in-depth analysis of the cinnamon market in Algeria.
9318
This report provides an in-depth analysis of the global cinnamon market.
596
This report provides an in-depth analysis of the cinnamon market in Algeria.
9318
This report provides an in-depth analysis of the global cinnamon market.
1085
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2632
From 2007 to 2016, the global cinnamon market value fluctuated perceptibly. According to IndexBox estimates, a significant increase in 2008 (X% Y-o-Y) was followed by a slight drop in 2009 (X% Y-o-Y). Over the next two years, the market gradually in
9548
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3867
In 2015, the countries with the highest levels of cinnamon production in 2015 were Indonesia (X thousand tons), China (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.
4425
Cinnamon production reached X thousand tons in 2016, with a positive dynamic being recorded over the last few years, except for a slight decline in 2010.
2871
Cinnamon is one of the most common spices today. It can be used in cooking, when added to salads, soups, or beverages (cinnamon flavored tea is very popular nowadays), or pharmaceutical industry. Besides, it is one of the most repeatedly used additives
2252
Sri Lanka dominates in the global cinnamon trade. In 2014, Sri Lanka exported X thousand tons 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 expor
1085
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2632
From 2007 to 2016, the global cinnamon market value fluctuated perceptibly. According to IndexBox estimates, a significant increase in 2008 (X% Y-o-Y) was followed by a slight drop in 2009 (X% Y-o-Y). Over the next two years, the market gradually in
9548
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
