Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Algeria - 2022
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Algeria (CIF) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Algeria
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Algeria (CIF) - 2022
In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $5,892 per ton, waning by -2.1% against the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the maximum at $6,016 per ton in 2021, and then dropped slightly in the following year.
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 Vietnam ($6,750 per ton), while the price for the United Arab Emirates ($4,473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Algeria
In 2022, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into Algeria contracted significantly to 250 tons, which is down by -19.1% on the previous year. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 61%.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground reduced remarkably to $1.5M in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of $1.9M, and then reduced notably in the following year.
Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 797 | 757 | 337 | 616 | -8.2% |
Indonesia | 736 | 238 | 573 | 83.0 | -51.7% |
United Arab Emirates | 288 | 85.3 | 35.9 | 40.4 | -48.0% |
Egypt | N/A | N/A | N/A | 33.6 | 0% |
Others | 4.6 | 7.4 | 912 | 700 | 433.9% |
Total | 1,826 | 1,087 | 1,859 | 1,473 | -6.9% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Algeria in 2022:
- Vietnam (91.2 tons)
- Indonesia (16.9 tons)
- United Arab Emirates (9.0 tons)
- Egypt (6.0 tons)
This report provides an in-depth analysis of the cinnamon market in Algeria.
This report provides an in-depth analysis of the global cinnamon market.
This report provides an in-depth analysis of the cinnamon market in Algeria.
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...
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
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.