Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands - 2023
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands (CIF) - 2022
The average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $4,990 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61% against the previous year. The import price peaked at $4,995 per ton in 2021, and then shrank modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($8,254 per ton), while the price for Madagascar ($2,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands (FOB) - 2022
The average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $5,971 per ton in 2022, reducing by -23.4% against the previous year. In general, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. As a result, the export price reached the peak level of $7,794 per ton, and then shrank remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($9,071 per ton), while the average price for exports to France ($4,497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands
Imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into the Netherlands skyrocketed to 1.6K tons in 2022, growing by 54% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground skyrocketed to $7.9M in 2022. Overall, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2,834 | 1,775 | 2,000 | 4,600 | 17.5% |
| Madagascar | 1,160 | 519 | 1,398 | 976 | -5.6% |
| Vietnam | 29.4 | 328 | 304 | 609 | 174.6% |
| Sri Lanka | 558 | 369 | 841 | 505 | -3.3% |
| Spain | 12.5 | 18.6 | 1.5 | 323 | 195.6% |
| United Kingdom | 172 | 136 | 36.4 | 277 | 17.2% |
| Tanzania | 147 | 59.8 | 168 | 188 | 8.5% |
| France | 518 | 51.5 | 116 | 56.1 | -52.3% |
| Others | 325 | 254 | 264 | 379 | 5.3% |
| Total | 5,755 | 3,511 | 5,129 | 7,913 | 11.2% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to the Netherlands in 2022:
- Indonesia (774.7 tons)
- Madagascar (373.3 tons)
- Vietnam (134.7 tons)
- Sri Lanka (61.1 tons)
- Tanzania (59.1 tons)
- United Kingdom (57.3 tons)
- Spain (56.0 tons)
- France (9.4 tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands
In 2022, shipments abroad of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground decreased by -36% to 857 tons, falling for the second year in a row after two years of growth. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground dropped dramatically to $5.1M in 2022. Overall, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,513 | 2,700 | 4,118 | 1,478 | -0.8% |
| Austria | 796 | 340 | 632 | 822 | 1.1% |
| Spain | 450 | 805 | 549 | 481 | 2.2% |
| Czech Republic | 624 | 401 | 302 | 399 | -13.8% |
| Belgium | 181 | 601 | 928 | 311 | 19.8% |
| France | 48.5 | 1,169 | 1,313 | 287 | 80.9% |
| Finland | 158 | 196 | 598 | 260 | 18.1% |
| United Kingdom | 154 | 799 | 96.4 | 214 | 11.6% |
| Italy | 62.6 | 65.9 | 206 | 192 | 45.3% |
| Poland | 225 | 205 | 267 | 170 | -8.9% |
| Indonesia | N/A | N/A | 44.7 | 122 | 172.9% |
| Portugal | 95.7 | 132 | 187 | 119 | 7.5% |
| Sweden | 413 | 154 | 92.3 | 29.4 | -58.6% |
| Others | 787 | 1,012 | 1,116 | 236 | -33.1% |
| Total | 5,509 | 8,581 | 10,449 | 5,120 | -2.4% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from the Netherlands in 2022:
- Germany (274.7 tons)
- Austria (105.3 tons)
- Spain (84.0 tons)
- France (63.7 tons)
- Czech Republic (56.5 tons)
- Finland (44.2 tons)
- United Kingdom (36.4 tons)
- Poland (36.0 tons)
- Belgium (34.3 tons)
- Italy (34.1 tons)
- Indonesia (26.4 tons)
- Portugal (23.5 tons)
- Sweden (4.6 tons)
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This report provides an in-depth analysis of the cinnamon market in the Netherlands.
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This report provides an in-depth analysis of the global cinnamon market.
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This report provides an in-depth analysis of the cinnamon market in the Netherlands.
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This report provides an in-depth analysis of the global cinnamon market.
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From March 2023 to September 2023, the import growth of Cinnamon remained low, with a decline in value to $1.7M in September 2023.
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The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
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From 2007 to 2016, the global cinnamon market value fluctuated perceptibly. According to IndexBox estimates, a significant increase in 2008 (X% Y-o-Y) was followed by a slight drop in 2009 (X% Y-o-Y). Over the next two years, the market gradually in
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Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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In 2015, the countries with the highest levels of cinnamon production in 2015 were Indonesia (X thousand tons), China (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.
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Cinnamon production reached X thousand tons in 2016, with a positive dynamic being recorded over the last few years, except for a slight decline in 2010.
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Cinnamon is one of the most common spices today. It can be used in cooking, when added to salads, soups, or beverages (cinnamon flavored tea is very popular nowadays), or pharmaceutical industry. Besides, it is one of the most repeatedly used additives
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Sri Lanka dominates in the global cinnamon trade. In 2014, Sri Lanka exported X thousand tons of сinnamon totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total сinnamon expor
316
From March 2023 to September 2023, the import growth of Cinnamon remained low, with a decline in value to $1.7M in September 2023.
1090
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
