Latest Report Update: Dec 24, 2021

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

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

United Kingdom: Cinnamon Market Overview 2021

Cinnamon Market Size in the UK

The UK cinnamon market expanded remarkably to $X in 2020, growing 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 showed strong growth. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level in 2020 and is likely to see steady growth in the immediate term.

Cinnamon Exports

Exports from the UK

For the fourth year in a row, the UK recorded growth in shipments abroad of cinnamon (canella), which increased by X% to X tonnes in 2020. In general, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, cinnamon exports skyrocketed to $X in 2020. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the near future.

Exports by Country

The Netherlands (X tonnes) was the main destination for cinnamon exports from the UK, accounting for a X% share of total exports. Moreover, cinnamon exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tonnes), twofold. Ireland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Ireland (+X% per year).

In value terms, the largest markets for cinnamon exported from the UK were Ireland ($X), the Netherlands ($X) and Germany ($X), together accounting for X% of total exports. These countries were followed by the U.S., Austria, Spain, Italy, France, Sri Lanka and Denmark, which together accounted for a further X U.S. (+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

The average cinnamon export price stood at $X per tonne in 2020, almost unchanged from the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Cinnamon Imports

Imports into the UK

In 2020, overseas purchases of cinnamon (canella) increased by X% to X tonnes, rising for the fifth year in a row after two years of decline. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, cinnamon imports skyrocketed to $X in 2020. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked in 2020 and are likely to see steady growth in years to come.

Imports by Country

China (X tonnes), Viet Nam (X tonnes) and India (X tonnes) were the main suppliers of cinnamon imports to the UK, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cinnamon suppliers to the UK were China ($X), Sri Lanka ($X) and France ($X), with a combined X% share of total imports. Viet Nam, the Netherlands, India, Indonesia and Madagascar lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cinnamon import price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, import price indicated temperate growth from 2007 to 2020: its price 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, cinnamon import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per tonne), while the price for India ($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 prices for the other major suppliers 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), together accounting for 50% of global consumption. Bangladesh, Mexico, Pakistan, Sri Lanka, the United Arab Emirates, Saudi Arabia and Iran lagged somewhat behind, together comprising 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 comprising 87% of global production.
What are the leading suppliers of cinnamon (canella) to the UK?
+
In value terms, the largest cinnamon suppliers to the UK were China ($3.4M), Sri Lanka ($2.4M) and France ($2.3M), together comprising 49% of total imports. These countries were followed by Viet Nam, the Netherlands, India, Indonesia and Madagascar, which together accounted for a further 34%.
What are the leading importers of cinnamon (canella) from the UK?
+
In value terms, Ireland ($868K), the Netherlands ($784K) and Germany ($511K) appeared to be the largest markets for cinnamon exported from the UK worldwide, together comprising 54% of total exports. The U.S., Austria, Spain, Italy, France, Sri Lanka and Denmark lagged somewhat behind, together comprising a further 31%.
What is the average export price for cinnamon (canella) in the UK?
+
In 2020, the average cinnamon export price amounted to $6,159 per tonne, therefore, remained relatively stable against the previous year.
What is the average import price for cinnamon (canella) in the UK?
+
In 2020, the average cinnamon import price amounted to $5,127 per tonne, growing by 12% against the previous year.

Product coverage:
• FCL 693 - Cinnamon (canella)

This report provides an in-depth analysis of the cinnamon market in the UK. 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:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data