Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain - 2022
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain (CIF) - 2022
In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $3,531 per ton, growing by 21% against the previous year. Overall, the import price recorded strong growth. The growth pace was the most rapid in 2019 an increase of 38%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($10,628 per ton), while the price for China ($2,674 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain (FOB) - 2022
The average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $2,754 per ton in 2022, shrinking by -57.7% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 110%. The export price peaked at $11,591 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($9,667 per ton), while the average price for exports to Saudi Arabia ($723 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain
After three years of growth, purchases abroad of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground decreased by -2.8% to 153 tons in 2022. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 157 tons, and then fell modestly in the following year.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground soared to $539K in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 306 | 332 | 293 | 257 | -5.7% |
| Vietnam | 45.7 | 38.4 | 58.7 | 174 | 56.2% |
| Sri Lanka | 9.7 | 14.3 | 3.6 | 63.7 | 87.3% |
| United Arab Emirates | 33.1 | 23.3 | 15.2 | 38.0 | 4.7% |
| Tanzania | N/A | N/A | 71.4 | N/A | 0% |
| Others | 12.6 | 11.8 | 15.4 | 6.6 | -19.4% |
| Total | 407 | 420 | 457 | 539 | 9.8% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Bahrain in 2022:
- China (96.1 tons)
- Vietnam (42.3 tons)
- United Arab Emirates (7.2 tons)
- Sri Lanka (6.0 tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain
In 2022, overseas shipments of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground were finally on the rise to reach 297 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous decline.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground reached $818 in 2022. Overall, exports, however, showed a sharp slump.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.8 | 0.4 | N/A | 0.4 | -20.6% |
| Saudi Arabia | 0.6 | 0.2 | N/A | 0.1 | -45.0% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| Jordan | N/A | N/A | N/A | 0.1 | 0% |
| Kuwait | 0.6 | 0.6 | N/A | N/A | 0.0% |
| Oman | 0.8 | 0.4 | N/A | N/A | -50.0% |
| United States | 23.6 | 1.4 | 0.7 | N/A | -82.8% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 26.3 | 3.1 | 0.8 | 0.8 | -68.8% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from Bahrain in 2022:
- Saudi Arabia (202.0 kg)
- United Arab Emirates (60.0 kg)
- United Kingdom (25.0 kg)
- Jordan (6.0 kg)
- Oman (3.0 kg)
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This report provides an in-depth analysis of the cinnamon market in Bahrain.
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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 Bahrain.
9346
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...
2636
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
9576
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3878
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
1090
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2636
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
9576
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
