Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Sudan - 2022

Contents:

  1. Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Sudan (CIF) - 2022
  2. Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Sudan

Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Sudan (CIF) - 2022

In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $1,729 per ton, dropping by -24% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 43% against the previous year. As a result, import price attained the peak level of $2,276 per ton, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($3,707 per ton), while the price for China stood at $1,608 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+25.2%), 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 Sudan

In 2022, supplies from abroad of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground was finally on the rise to reach 166 tons after two years of decline. Over the period under review, imports, however, showed a dramatic setback.

In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground skyrocketed to $287K in 2022. In general, imports, however, recorded a sharp descent.

Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China661398131247-28.0%
United Arab Emirates33.820.420.838.44.3%
Others5.62.81.01.5-35.5%
Total700421152287-25.7%

Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Sudan in 2022:

  1. China (153.5 tons)
  2. United Arab Emirates (10.3 tons)

Source: IndexBox Market Intelligence Platform

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