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

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Cinnamon Market Size in the UK

In 2019, after two years of growth, there was significant decline in the UK cinnamon market, when its value decreased by -X% to $X. In general, consumption, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Cinnamon consumption peaked at $X in 2018, and then reduced in the following year.

Cinnamon Exports

Exports from the UK

For the fourth consecutive year, the UK recorded growth in overseas shipments of cinnamon (canella), which increased by X% to X tonnes in 2019. Over the period under review, exports saw buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, cinnamon exports reached $X in 2019. Overall, exports showed a prominent increase. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2019 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X tonnes) was the main destination for cinnamon exports from the UK, with a X% share of total exports. Moreover, cinnamon exports to the Netherlands exceeded the volume sent to the second major destination, Poland (X tonnes), fourfold. The third position in this ranking was occupied by Ireland (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Ireland (-X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for cinnamon exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by Ireland ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+X% per year) and Poland (+X% per year).

Export Prices by Country

In 2019, the average cinnamon export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price continues to indicate 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 hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Ireland ($X per tonne), while the average price for exports to the Philippines ($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 the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Cinnamon Imports

Imports into the UK

In 2019, after three years of growth, there was decline in supplies from abroad of cinnamon (canella), when their volume decreased by -X% to X tonnes. Overall, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2018, and then declined modestly in the following year.

In value terms, cinnamon imports shrank slightly to $X in 2019. Over the period under review, imports, however, posted strong growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then dropped modestly in the following year.

Imports by Country

India (X tonnes), China (X tonnes) and Indonesia (X tonnes) were the main suppliers of cinnamon imports to the UK, together comprising X% of total imports. Viet Nam, the Netherlands, Sri Lanka and France lagged somewhat behind, together comprising a further X 2007 to 2019, 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 ($X), Viet Nam ($X) and France ($X), with a combined X% share of total imports.

Viet Nam 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

In 2019, the average cinnamon import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, import price indicated a measured expansion from 2007 to 2019: its price 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. Based on 2019 figures, cinnamon import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2018, and then declined modestly in the following year.

Prices varied noticeably by the country of origin; 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 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cinnamon (canella) in the world?
+
Indonesia (53K tonnes) constituted the country with the largest volume of cinnamon consumption, accounting for 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), together accounting for 88% 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 ($2.2M), Viet Nam ($1.9M) and France ($1.8M), together comprising 43% of total imports.
What are the leading importers of cinnamon (canella) from the UK?
+
In value terms, the Netherlands ($590K) remains the key foreign market for cinnamon exports from the UK, comprising 36% of total exports. The second position in the ranking was occupied by Ireland ($242K), with a 15% share of total exports. It was followed by Poland, with a 12% share.
What is the average export price for cinnamon (canella) in the UK?
+
The average cinnamon export price stood at $5,276 per tonne in 2019, dropping by -2.4% against the previous year.
What is the average import price for cinnamon (canella) in the UK?
+
In 2019, the average cinnamon import price amounted to $4,703 per tonne, which is down by -2.1% 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

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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