Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay - 2024
Contents:
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay (CIF) - 2022
- Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay (CIF) - 2022
In 2022, the average import price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $3,114 per ton, waning by -21.7% against the previous year. In general, the import price recorded a deep slump. The growth pace was the most rapid in 2015 an increase of 64%. Over the period under review, average import prices reached the maximum at $16,708 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($26,638 per ton), while the price for Brazil ($2,906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay
In 2022, the amount of spices; cinnamon and cinnamon-tree flowers, crushed or ground imported into Paraguay rose slightly to 19 tons, surging by 5% on 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 233%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of spices; cinnamon and cinnamon-tree flowers, crushed or ground fell sharply to $58K in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year. As a result, imports reached the peak of $71K, and then contracted markedly in the following year.
| Import of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 18.2 | 36.4 | 53.5 | 71.5% |
| Spain | 7.0 | 8.2 | 14.0 | 3.1 | -23.8% |
| Germany | N/A | N/A | 6.8 | 0.8 | -88.2% |
| Vietnam | N/A | N/A | 12.5 | N/A | 0% |
| United States | 2.5 | 3.6 | N/A | N/A | 44.0% |
| India | 9.4 | N/A | N/A | N/A | 0% |
| Others | 2.9 | 1.3 | 1.0 | 0.7 | -37.7% |
| Total | 21.8 | 31.4 | 70.7 | 58.1 | 38.6% |
Top Suppliers of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground to Paraguay in 2022:
- Brazil (18.4 tons)
- Germany (0.1 tons)
- Spain (0.1 tons)
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This report provides an in-depth analysis of the cinnamon market in Paraguay.
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This report provides an in-depth analysis of the global cinnamon market.
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This report provides an in-depth analysis of the cinnamon market in Paraguay.
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This report provides an in-depth analysis of the global cinnamon market.
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The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
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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
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Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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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.
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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.
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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
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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
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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
9562
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
