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Saudi Arabia - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Cinnamon Market Overview 2021

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Cinnamon Market Size in Saudi Arabia

The Saudi cinnamon market reached $X in 2019, rising by X% 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, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the near future.

Cinnamon Exports

Exports from Saudi Arabia

For the fourth year in a row, Saudi Arabia recorded decline in shipments abroad of cinnamon (canella), which decreased by -X% to X tonnes in 2019. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, cinnamon exports dropped to $X in 2019. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

China (X tonnes), the United Arab Emirates (X tonnes) and Egypt (X tonnes) were the main destinations of cinnamon exports from Saudi Arabia, with a combined X% share of total exports. These countries were followed by Bahrain, which accounted for a further X 2007 to 2019, the biggest increases were in Bahrain (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United Arab Emirates ($X) and Bahrain ($X) appeared to be the largest markets for cinnamon exported from Saudi Arabia worldwide, together comprising X% of total exports.

Bahrain (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average cinnamon export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Bahrain ($X per tonne), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain, while the prices for the other major destinations experienced more modest paces of growth.

Cinnamon Imports

Imports into Saudi Arabia

After two years of growth, purchases abroad of cinnamon (canella) decreased by -X% to X tonnes in 2019. Overall, total imports indicated noticeable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, cinnamon imports surged to $X in 2019. Over the period under review, imports, however, saw strong growth. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, China (X tonnes) was the main cinnamon supplier to Saudi Arabia, with a X% share of total imports. It was followed by Viet Nam (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of cinnamon to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

The average cinnamon import price stood at $X per tonne in 2019, surging by X% against the previous year. In general, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was Viet Nam ($X per tonne), while the price for China totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cinnamon (canella) in the world?
+
The country with the largest volume of cinnamon consumption was Indonesia (53K tonnes), comprising approx. 21% of total volume. Moreover, cinnamon consumption in Indonesia exceeded the figures recorded by the second-largest consumer, the U.S. (26K tonnes), twofold. India (23K tonnes) ranked third in terms of total consumption with a 9.2% share.
What are the largest producers of cinnamon (canella) in the world?
+
The countries with the highest volumes of cinnamon production in 2019 were Indonesia (90K tonnes), China (83K tonnes) and Viet Nam (41K tonnes), with a combined 88% share of global production.
What are the leading suppliers of cinnamon (canella) to Saudi Arabia?
+
In value terms, China ($10M) constituted the largest supplier of cinnamon to Saudi Arabia, comprising 91% of total imports. The second position in the ranking was occupied by Viet Nam ($439K), with a 3.9% share of total imports.
What are the leading importers of cinnamon (canella) from Saudi Arabia?
+
In value terms, the largest markets for cinnamon exported from Saudi Arabia were China ($115K), the United Arab Emirates ($72K) and Bahrain ($43K), with a combined 90% share of total exports.
What is the average export price for cinnamon (canella) in Saudi Arabia?
+
The average cinnamon export price stood at $1,753 per tonne in 2019, remaining stable against the previous year.
What is the average import price for cinnamon (canella) in Saudi Arabia?
+
In 2019, the average cinnamon import price amounted to $2,451 per tonne, surging by 38% against the previous year.

Product coverage:
• FCL 693 - Cinnamon (canella)

This report provides an in-depth analysis of the cinnamon market in Saudi Arabia. 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.


Country coverage:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 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. 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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