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Report Eastern Europe - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Eastern Europe - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Europe: Cinnamon Market 2024

Cinnamon Exports

Exports in Eastern Europe

In 2022, overseas shipments of cinnamon (canella) increased by X% to X tons, rising for the fourth year in a row after two years of decline. In general, exports showed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, cinnamon exports rose sharply to $X in 2022. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Poland represented the largest exporter of cinnamon (canella) in Eastern Europe, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. The Czech Republic (X tons) held the second position in the ranking, followed by Latvia (X tons) and Estonia (X tons). All these countries together took near X% share of total exports. The following exporters - Russia (X tons), Slovakia (X tons) and Hungary (X tons) - each reached an X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), the Czech Republic (X%), Slovakia (X%), Estonia (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Latvia and the Czech Republic increased by X, X and X percentage points, respectively.

In value terms, the largest cinnamon supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Estonia ($X), together comprising X% of total exports. Latvia, Slovakia, Hungary and Russia lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cinnamon export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Cinnamon Imports

Imports in Eastern Europe

In 2022, the amount of cinnamon (canella) imported in Eastern Europe was estimated at X tons, picking up by X% on the previous year. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, cinnamon imports totaled $X in 2022. Over the period under review, imports saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Russia (X tons) and Poland (X tons) represented the largest importers of cinnamon (canella) in Eastern Europe, together resulting at approx. X% of total imports. The Czech Republic (X tons) ranks next in terms of the total imports with a X% share, followed by Hungary (X%), Romania (X%) and Latvia (X%). Estonia (X tons) and Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cinnamon importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports.

Among the main importing countries, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, leveling off at the previous year. Overall, the import price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2016 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then fell modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the other leaders experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2023 were Russia, Poland and the Czech Republic, with a combined 71% share of total consumption.
Estonia remains the largest cinnamon producing country in Eastern Europe, comprising approx. 100% of total volume.
In value terms, the largest cinnamon supplying countries in Eastern Europe were Poland, the Czech Republic and Estonia, with a combined 81% share of total exports. Latvia, Slovakia, Hungary and Russia lagged somewhat behind, together comprising a further 12%.
In value terms, the largest cinnamon importing markets in Eastern Europe were Russia, Poland and the Czech Republic, with a combined 73% share of total imports.
The export price in Eastern Europe stood at $7,750 per ton in 2022, surging by 1.8% against the previous year.
The import price in Eastern Europe stood at $5,600 per ton in 2022, leveling off at the previous year.

This report provides an in-depth analysis of the cinnamon market in Eastern Europe. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 693 - Cinnamon (canella)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Europe, split by region and country
  • Trade (exports and imports) in Eastern Europe
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Belarus
    • Bulgaria
    • Czech Republic
    • Estonia
    • Hungary
    • Latvia
    • Lithuania
    • Moldova
    • Poland
    • Romania
    • Russia
    • Slovakia
    • Ukraine

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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