Report World - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights
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Global Cinnamon Market 2022

Cinnamon Market Size

For the sixth year in a row, the global cinnamon market recorded growth in sales value, which increased by X% to $X in 2021. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2012 indices. Over the period under review, the global market attained the maximum level in 2021 and is likely to see steady growth in the immediate term.

Cinnamon Production

In value terms, cinnamon production contracted to $X in 2021 estimated in export prices. Over the period under review, production, however, enjoyed a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, global production attained the peak level at $X in 2020, and then fell slightly in the following year.

The countries with the highest volumes of cinnamon production in 2021 were Indonesia (X tonnes), China (X tonnes) and Vietnam (X tonnes), together comprising X% of global production.

From 2012 to 2021, the biggest increases were in Vietnam (+X%), while cinnamon production for the other global leaders experienced more modest paces of growth.

In 2021, the global average cinnamon yield contracted to X kg per ha, which is down by -X% compared with 2020 figures. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% year-to-year. As a result, the yield reached the peak level of X kg per ha, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global harvested area of cinnamon (canella) rose slightly to X ha, increasing by X% on 2020 figures. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to cinnamon production reached the maximum in 2021 and is likely to see steady growth in the near future.

Production By Country

The countries with the highest volumes of cinnamon production in 2021 were Indonesia (X tonnes), China (X tonnes) and Vietnam (X tonnes), together comprising X% of global production.

From 2012 to 2021, the most notable rate of growth in terms of cinnamon production, amongst the key producing countries, was attained by Vietnam (+X%), while cinnamon production for the other global leaders experienced more modest paces of growth.

Cinnamon Exports

Exports

In 2021, global exports of cinnamon (canella) fell to X tonnes, dropping by -X% against the previous year. In general, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2020 when exports increased by X% year-to-year. As a result, the exports attained the peak of X tonnes, and then contracted in the following year.

In value terms, cinnamon exports declined to $X in 2021. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by X% year-to-year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

China (X tonnes) and Vietnam (X tonnes) represented roughly X% of total exports of cinnamon (canella) in 2021. It was distantly followed by Indonesia (X tonnes) and Sri Lanka (X tonnes), together making up a X% share of total exports. The Netherlands (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Vietnam (+X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Sri Lanka ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2021, together comprising X% of global exports.

Vietnam, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

In 2021, the average cinnamon export price amounted to $X per tonne, declining by -X% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cinnamon export price increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% year-to-year. Over the period under review, the average export prices hit record highs at $X per tonne in 2020, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sri Lanka ($X per tonne), while Vietnam ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the other global leaders experienced more modest paces of growth.

Cinnamon Imports

Imports

In 2021, global cinnamon imports rose remarkably to X tonnes, increasing by X% on 2020. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, global imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, cinnamon imports rose notably to $X in 2021. Over the period under review, imports enjoyed prominent growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, India (X tonnes), Bangladesh (X tonnes) and the United States (X tonnes) represented the largest importer of cinnamon (canella) in the world, constituting X% of total import. It was distantly followed by Vietnam (X tonnes), constituting a X% share of total imports. The following importers - Mexico (X tonnes), the Netherlands (X tonnes), the United Arab Emirates (X tonnes), Pakistan (X tonnes), Saudi Arabia (X tonnes), Germany (X tonnes) and Iran (X tonnes) - together made up X% of total imports.

From 2012 to 2021, the biggest increases were in Vietnam (+X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), India ($X) and Mexico ($X) were the countries with the highest levels of imports in 2021, together accounting for X% of global imports. Vietnam, Bangladesh, the Netherlands, Germany, the United Arab Emirates, Saudi Arabia, Iran and Pakistan lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main importing countries 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 2021, with a decrease of -X% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cinnamon import price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Global import price peaked at $X per tonne in 2020, and then declined in the following year.

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

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for cinnamon (canella) in the world?
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The countries with the highest volumes of cinnamon consumption in 2021 were Indonesia, Bangladesh and India, with a combined 46% share of global consumption.
What are the largest producers of cinnamon (canella) in the world?
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The countries with the highest volumes of cinnamon production in 2021 were Indonesia, China and Vietnam, together comprising 88% of global production.
What are the leading suppliers of cinnamon (canella) in the world?
+
In value terms, China, Sri Lanka and Vietnam were the countries with the highest levels of exports in 2021, with a combined 70% share of global exports.
What are the leading importers of cinnamon (canella) in the world?
+
In value terms, the United States, India and Mexico were the countries with the highest levels of imports in 2021, with a combined 40% share of global imports. These countries were followed by Vietnam, Bangladesh, the Netherlands, Germany, the United Arab Emirates, Saudi Arabia, Iran and Pakistan, which together accounted for a further 21%.
What is the average export price for cinnamon (canella) in the world?
+
The average cinnamon export price stood at $4,280 per tonne in 2021, with a decrease of -1.6% against the previous year.
What is the average import price for cinnamon (canella) in the world?
+
In 2021, the average cinnamon import price amounted to $3,994 per tonne, dropping by -1.5% against the previous year.

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 2030.


Product coverage:
• FCL 693 - Cinnamon (canella)

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 2007–2021
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 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Harvested Area, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
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, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Area Harvested, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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