Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Uruguay - 2023
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Uruguay (CIF) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Uruguay
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Uruguay (CIF) - 2022
The average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $5,897 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. As a result, import price attained the peak level of $5,930 per ton, leveling off 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 Sri Lanka ($17,483 per ton), while the price for Indonesia stood at $5,786 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+21.6%), 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 Uruguay
In 2022, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into Uruguay soared to 18 tons, increasing by 155% against the previous year. Over the period under review, imports, however, continue to indicate a abrupt contraction.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground surged to $104K in 2022. In general, imports posted prominent growth. 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 Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 10.7 | 29.6 | 5.3 | 101 | 111.3% |
| Sri Lanka | 16.0 | 24.6 | 2.3 | 2.0 | -50.0% |
| Vietnam | 25.6 | 16.5 | 11.0 | N/A | -34.4% |
| Malaysia | 10.2 | 10.4 | 2.9 | N/A | -46.7% |
| Singapore | 9.5 | 10.3 | 3.0 | N/A | -43.8% |
| Others | 2.5 | 2.2 | 16.5 | 0.7 | -34.6% |
| Total | 74.4 | 93.5 | 41.1 | 104 | 11.8% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Uruguay in 2022:
- Indonesia (17.5 tons)
- Sri Lanka (0.1 tons)
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This report provides an in-depth analysis of the cinnamon market in Uruguay.
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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 Uruguay.
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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...
2634
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
9567
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
1087
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2634
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
9567
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
