Latest Report Update: Dec 24, 2021

World - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Global Cinnamon Market Overview 2021

Cinnamon Market Size

For the eleventh consecutive year, the global cinnamon market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption enjoyed buoyant growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Global consumption peaked in 2020 and is expected to retain growth in years to come.

Cinnamon Production

In value terms, cinnamon production expanded sharply to $X in 2020 estimated in export prices. in general, production saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, global production reached the peak level in 2020 and is expected to retain growth in the near future.

The countries with the highest volumes of cinnamon production in 2020 were Indonesia (X tonnes), China (X tonnes) and Viet Nam (X tonnes), with a combined X% share of global production.

From 2007 to 2020, the biggest increases were in Viet Nam, while cinnamon production for the other global leaders experienced more modest paces of growth.

The global average cinnamon yield rose slightly to X kg per ha in 2020, increasing by X% on 2019. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The global yield peaked at X kg per ha in 2009; however, from 2010 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The global cinnamon harvested area amounted to X ha in 2020, picking up by X% compared with 2019 figures. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the harvested area increased by X% y-o-y. The global harvested area peaked in 2020 and is likely to see gradual growth in years to come.

Production by Country

The countries with the highest volumes of cinnamon production in 2020 were Indonesia (X tonnes), China (X tonnes) and Viet Nam (X tonnes), together comprising X% of global production.

From 2007 to 2020, the most notable rate of growth in terms of cinnamon production, amongst the main producing countries, was attained by Viet Nam, while cinnamon production for the other global leaders experienced more modest paces of growth.

Cinnamon Exports

Exports

Global cinnamon exports skyrocketed to X tonnes in 2020, with an increase of X% on 2019 figures. Overall, total exports indicated a prominent expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Global exports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, cinnamon exports skyrocketed to $X in 2020. Over the period under review, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, global exports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

Exports by Country

China (X tonnes) and Viet Nam (X tonnes) represented roughly X% of total exports of cinnamon (canella) in 2020. Indonesia (X tonnes) held the next position in the ranking, distantly followed by Sri Lanka (X tonnes). All these countries together took near X% share of total exports. The Netherlands (X tonnes) held a little share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Viet Nam, while exports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Sri Lanka ($X) and Viet Nam ($X) appeared to be the countries with the highest levels of exports in 2020, together accounting for X% of global exports.

Viet Nam saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average cinnamon export price stood at $X per tonne in 2020, surging by X% against the previous year. Overall, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Global export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was Sri Lanka ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced more modest paces of growth.

Cinnamon Imports

Imports

In 2020, global imports of cinnamon (canella) surged to X tonnes, growing by X% compared with 2019 figures. in general, total imports indicated a resilient increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Global imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, cinnamon imports skyrocketed to $X in 2020. Overall, imports recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, global imports attained the peak figure in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, India (X tonnes), distantly followed by the U.S. (X tonnes), Viet Nam (X tonnes) and Bangladesh (X tonnes) were the key importers of cinnamon (canella), together mixing up X% of total imports. Mexico (X tonnes), Pakistan (X tonnes), the United Arab Emirates (X tonnes), the Netherlands (X tonnes), Saudi Arabia (X tonnes), Iran (X tonnes), Germany (X tonnes), Indonesia (X tonnes) and Brazil (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Viet Nam, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest cinnamon importing markets worldwide were the U.S. ($X), India ($X) and Mexico ($X), with a combined X% share of global imports. These countries were followed by Viet Nam, Bangladesh, the Netherlands, Germany, the United Arab Emirates, Saudi Arabia, Indonesia, Brazil, Iran and Pakistan, which together accounted for a further X the main importing countries, Viet Nam (+X% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average cinnamon import price stood at $X per tonne in 2020, remaining relatively unchanged against the previous year. in general, the import price, however, saw resilient growth. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2019, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cinnamon (canella) in the world?
+
The countries with the highest volumes of cinnamon consumption in 2020 were Indonesia (56K tonnes), India (49K tonnes) and the U.S. (28K tonnes), with a combined 50% share of global consumption. These countries were followed by Bangladesh, Mexico, Pakistan, Sri Lanka, the United Arab Emirates, Saudi Arabia and Iran, which together accounted for a further 19%.
What are the largest producers of cinnamon (canella) in the world?
+
The countries with the highest volumes of cinnamon production in 2020 were Indonesia (89K tonnes), China (86K tonnes) and Viet Nam (53K tonnes), together accounting for 87% of global production.
What are the leading exporters of cinnamon (canella) in the world?
+
In value terms, China ($293M), Sri Lanka ($216M) and Viet Nam ($212M) constituted the countries with the highest levels of exports in 2020, with a combined 73% share of global exports.
What are the leading importers of cinnamon (canella) in the world?
+
In value terms, the largest cinnamon importing markets worldwide were the U.S. ($154M), India ($109M) and Mexico ($72M), together accounting for 38% of global imports. These countries were followed by Viet Nam, Bangladesh, the Netherlands, Germany, the United Arab Emirates, Saudi Arabia, Indonesia, Brazil, Iran and Pakistan, which together accounted for a further 25%.
What is the average export price for cinnamon (canella) in the world?
+
The average cinnamon export price stood at $4,329 per tonne in 2020, growing by 9.9% against the previous year.
What is the average import price for cinnamon (canella) in the world?
+
The average cinnamon import price stood at $3,726 per tonne in 2020, almost unchanged from the previous year.

Product coverage:
• FCL 693 - Cinnamon (canella)

This report provides an in-depth analysis of the global cinnamon market. 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 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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