Report Romania - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

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

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Romania: Cinnamon Market 2022

Cinnamon Market Size in Romania

The Romanian cinnamon market soared to $X in 2021, rising by 26% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a prominent expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Cinnamon Exports

Exports from Romania

In 2021, the amount of cinnamon (canella) exported from Romania skyrocketed to X tons, jumping by 112% on the previous year. Overall, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by 116%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, cinnamon exports skyrocketed to $X in 2021. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 270% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Hungary (X tons) and Italy (X tons) were the main destinations of cinnamon exports from Romania, together comprising 65% of total exports. Poland, Greece, France, Moldova, Slovakia and the Czech Republic lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +148.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cinnamon exported from Romania were Germany ($X), Italy ($X) and Poland ($X), with a combined 69% share of total exports. France, Hungary, Moldova, Slovakia, the Czech Republic and Greece lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, France, with a CAGR of +175.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cinnamon export price amounted to $X per ton, growing by 8.8% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 100% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cinnamon Imports

Imports into Romania

In 2021, approx. X tons of cinnamon (canella) were imported into Romania; increasing by 28% against 2020. The total import volume increased at an average annual rate of +5.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 32%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, cinnamon imports surged to $X in 2021. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 48% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of cinnamon imports to Romania, with a combined 63% share of total imports. These countries were followed by Vietnam, Latvia, the Netherlands, Hungary, Austria and Indonesia, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were in Latvia (with a CAGR of +89.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Germany ($X) constituted the largest cinnamon suppliers to Romania, together accounting for 65% of total imports. These countries were followed by Austria, Vietnam, Hungary, Latvia, the Netherlands and Indonesia, which together accounted for a further 27%.

Among the main suppliers, Latvia, with a CAGR of +103.1%, 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 2021, the average cinnamon import price amounted to $X per ton, picking up by 11% against the previous year. Over the period under review, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for cinnamon (canella) in the world?
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The country with the largest volume of cinnamon consumption was Indonesia, comprising approx. 25% of total volume. Moreover, cinnamon consumption in Indonesia exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 11% share.
What are the largest producers of cinnamon (canella) in the world?
+
The countries with the highest volumes of production in 2021 were Indonesia, China and Vietnam, with a combined 87% share of global production.
What are the leading suppliers of cinnamon (canella) to Romania?
+
In value terms, the largest cinnamon suppliers to Romania were Poland, China and Germany, together accounting for 65% of total imports. Austria, Vietnam, Hungary, Latvia, the Netherlands and Indonesia lagged somewhat behind, together comprising a further 27%.
What are the leading importers of cinnamon (canella) from Romania?
+
In value terms, Germany, Italy and Poland were the largest markets for cinnamon exported from Romania worldwide, with a combined 69% share of total exports. France, Hungary, Moldova, Slovakia, the Czech Republic and Greece lagged somewhat behind, together comprising a further 18%.
What is the average export price for cinnamon (canella) in Romania?
+
The average cinnamon export price stood at $13,830 per ton in 2021, increasing by 8.8% against the previous year.
What is the average import price for cinnamon (canella) in Romania?
+
In 2021, the average cinnamon import price amounted to $6,060 per ton, increasing by 11% against the previous year.

This report provides an in-depth analysis of the cinnamon market in Romania. 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:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• 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
REPORT DESCRIPTION
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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Yield And Growth
Figure 16:
Exports And Growth
Figure 17:
Export Prices And Growth
Figure 18:
Market Size And Growth
Figure 19:
Per Capita Consumption
Figure 20:
Imports And Growth
Figure 21:
Import Prices
Figure 22:
Production, In Physical Terms, 2012–2022
Figure 23:
Production, In Value Terms, 2012–2022
Figure 24:
Area Harvested, 2012–2022
Figure 25:
Yield, 2012–2022
Figure 26:
Imports, In Physical Terms, 2012–2022
Figure 27:
Imports, In Value Terms, 2012–2022
Figure 28:
Imports, In Physical Terms, By Country, 2022
Figure 29:
Imports, In Physical Terms, By Country, 2012–2022
Figure 30:
Imports, In Value Terms, By Country, 2012–2022
Figure 31:
Import Prices, By Country Of Origin, 2012–2022
Figure 32:
Exports, In Physical Terms, 2012–2022
Figure 33:
Exports, In Value Terms, 2012–2022
Figure 34:
Exports, In Physical Terms, By Country, 2022
Figure 35:
Exports, In Physical Terms, By Country, 2012–2022
Figure 36:
Exports, In Value Terms, By Country, 2012–2022
Figure 37:
Export Prices, By Country Of Destination, 2012–2022
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