Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran - 2022
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran (CIF) - 2022
In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $2,130 per ton, remaining relatively unchanged against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground increased by +104.1% against 2013 indices. The pace of growth appeared the most rapid in 2018 an increase of 30% against the previous year. The import price peaked at $2,131 per ton in 2021, and then reduced modestly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($2,637 per ton) and China ($2,106 per ton), while the price for India ($1,959 per ton) and Vietnam ($2,035 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), 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 Iran (FOB) - 2022
In 2022, the average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $9,128 per ton, jumping by 90% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $12,433 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($24,478 per ton), while the average price for exports to Georgia ($2,788 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+29.9%), 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 Iran
In 2022, approx. 5.9K tons of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground were imported into Iran; growing by 1.7% on 2021. The total import volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of 6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground totaled $13M in 2022. The total import value increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 7.2 | 5.9 | 10.1 | 30.0% |
| Vietnam | 1.1 | 0.6 | 0.7 | 1.3 | 5.7% |
| United Arab Emirates | 3.0 | 4.8 | 4.9 | 1.0 | -30.7% |
| India | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | N/A | N/A | 0.8 | N/A | 0% |
| Total | 8.9 | 12.8 | 12.4 | 12.6 | 12.3% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Iran in 2022:
- China (4.8K tons)
- Vietnam (0.6K tons)
- United Arab Emirates (0.4K tons)
- India (0.1K tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran
After three years of growth, shipments abroad of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground decreased by -56.2% to 1.4 tons in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 182%. As a result, the exports reached the peak of 3.3 tons, and then declined rapidly in the following year.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground shrank remarkably to $13K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 101%.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 2.1 | 0% |
| Finland | 0.3 | 0.9 | 2.1 | 1.8 | 81.7% |
| Turkey | 1.7 | 2.9 | 3.1 | 1.6 | -2.0% |
| Germany | 0.5 | 2.0 | 0.9 | 1.4 | 40.9% |
| Georgia | 0.1 | 0.3 | 0.4 | 0.7 | 91.3% |
| Iraq | 0.1 | 0.6 | 0.8 | 0.7 | 91.3% |
| Azerbaijan | 0.7 | 0.1 | 0.6 | 0.4 | -17.0% |
| Netherlands | N/A | 0.2 | 3.2 | 0.4 | 41.4% |
| Kazakhstan | 1.5 | N/A | 1.6 | N/A | 3.3% |
| Pakistan | N/A | 2.2 | N/A | N/A | 0% |
| Others | 0.4 | 1.2 | 3.0 | 3.9 | 113.6% |
| Total | 5.2 | 10.4 | 15.7 | 13.1 | 36.1% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from Iran in 2022:
- Georgia (259.0 kg)
- Denmark (237.0 kg)
- Iraq (146.0 kg)
- Finland (110.0 kg)
- Germany (105.0 kg)
- Azerbaijan (87.0 kg)
- Turkey (67.0 kg)
- Netherlands (45.0 kg)
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This report provides an in-depth analysis of the cinnamon market in Iran.
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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 Iran.
9339
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...
2633
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.
