Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Paraguay - 2023
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Paraguay (CIF) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Paraguay
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Paraguay (CIF) - 2022
The average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $6,749 per ton in 2022, dropping by -14.7% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 331% against the previous year. Over the period under review, average import prices attained the peak figure at $33,958 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($25,867 per ton), while the price for Sri Lanka stood at $6,280 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.3%).
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Paraguay
Imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into Paraguay dropped to 4.1 tons in 2022, with a decrease of -6.4% on the year before. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,215%. As a result, imports attained the peak of 4.4 tons, and then dropped in the following year.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground declined dramatically to $28K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 439% against the previous year. As a result, imports reached the peak of $35K, and then fell rapidly in the following year.
Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | N/A | N/A | N/A | 25.1 | 0% |
Spain | 6.5 | 6.4 | 8.0 | 2.5 | -27.3% |
Vietnam | N/A | N/A | 26.6 | N/A | 0% |
Others | 0.3 | N/A | N/A | N/A | 0% |
Total | 6.7 | 6.4 | 34.6 | 27.7 | 60.5% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Paraguay in 2022:
- Sri Lanka (4.0 tons)
- Spain (0.1 tons)
This report provides an in-depth analysis of the cinnamon market in Paraguay.
This report provides an in-depth analysis of the global cinnamon market.
This report provides an in-depth analysis of the cinnamon market in Paraguay.
This report provides an in-depth analysis of the global cinnamon market.
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.
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.
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.
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
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
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.