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World - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights

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May 29, 2018

Indonesia and China are the Largest Suppliers of Cinnamon

IndexBox has just published a new report "World: Cinnamon (Canella) - Market Report. Analysis And Forecast To 2025". Here is a summary of the report's key findings.

Global Cinnamon Consumption Posted an Upward Trend

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 increased until it plunged again in 2012-2013. Between 2014 and 2016, the cinnamon market increased steadily. In 2016, the global cinnamon market value reached X million USD.

From 2007 to 2016, global cinnamon consumption in physical terms experienced a steady growth, rising from X thousand tons in 2007 to X thousand tons in 2016. It expanded with a CAGR of +X% over the period under review.

Driven by the growth of population, the popularity of spices, and the growth of the pharmaceutical and cosmetic industry, the cinnamon sector is expected to continue an upward consumption trend, expanding with an anticipated CAGR of +X%, which will lead the market volume to X million tons.

Indonesia, China, the U.S. and India Lead Global Cinnamon Consumption

Indonesia (X thousand tons), China (X thousand tons), the U.S. (X thousand tons) and India (X thousand tons) were the countries with the highest consumption, together accounting for almost X% of global figures.

In terms of the key consumer countries in 2016, Indonesia (X gr per year) and the U.S. (X gr per year) registered a per capita consumption figure higher than the global average of X kg per X persons, while China (X gr per year) and India (X gr per year) recorded the lowest.

Production of Cinnamon Reached its Highest Level

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. From 2007 to 2016, cinnamon production grew at an annual average rate of growth of +X%.

Indonesia and China Were the Main Producers of Cinnamon

Indonesia was the key world cinnamon producing country with an output of about X thousand tons in 2016, which accounted for X% of total global output. The other major producers were China (X%), Vietnam (X%), Sri lanka (X%).

In Indonesia, production levels decreased by -X% annually from 2007 to 2016. The other major producing countries indicated an increase in cinnamon output in physical terms: Vietnam (+X%), China (+X%) and Sri Lanka (+X%).

Around X% of Global Cinnamon Output Is Exported

Cinnamon is a widely traded commodity, with the share of export in total global output standing at approx. X% in 2007-2016. The high trade intensity is determined mainly by substantial distances between the main cinnamon producing countries and the key consuming countries.

Indonesia and China Were the Largest Suppliers of Cinnamon

In 2016, the volume of global exports totaled X thousand tons, with a mixed dynamic being recorded over the last few years. A gradual increase over the period from 2013 to 2014 was followed by a slight decline in 2015; in 2016 it remained unchanged.

In value terms, global exports showed steady growth over the last few years, at an average annual rate of growth of + X%. In 2016, global cinnamon exports expanded to X million USD.

Indonesia (X thousand tons) and China (X thousand tons) were the main global suppliers of cinnamon, with a combined share of X% of global exports. They were followed by Vietnam (X%) and Sri Lanka (X%).

From 2007 to 2016, Vietnam (+X% per year) was the fastest growing supplier amongst the major exporters. The share of Vietnam (+X percentage points) and China (+X percentage points) increased between 2007 and 2016, while the share of Indonesia (-X percentage points) displayed a negative dynamic. The share of Sri Lanka remained relatively stable throughout the analyzed period.

India and Bangladesh Increased Cinnamon Imports

The volume of global imports totaled X thousand tons, or X million USD in 2016. The imports dynamic was generally in line with exports: these trade flows globally complement each other. Following the high trade intensity, the share of imports in global demand accounted for about X%.

In 2016, the U.S. (X thousand tons), India (X thousand tons, and, lagging somewhat behind, Bangladesh (X thousand tons), Mexico (X thousand tons), the Netherlands (X thousand tons), the United Arab Emirates (X thousand tons) and Saudi Arabia (X thousand tons) were the leading destinations for cinnamon imports, together making up X% of global imports in physical terms.

In terms of the major importing countries India (+X% per year) and Bangladesh (+X% per year) indicated the highest annual rates of growth from 2007 to 2016. While the shares of India (+X percentage points) and Bangladesh (+X percentage points) increased from 2007 to 2016, the share of the United Arab Emirates (-X percentage points) illustrated a negative dynamic. The shares of the other countries remained relatively stable throughout the analyzed period.

Do you want to know more about global cinnamon market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • cinnamon market share
  • cinnamon prices
  • cinnamon industry
  • cinnamon sales
  • cinnamon import
  • cinnamon export
  • cinnamon market forecast
  • cinnamon price forecast
  • key cinnamon producers

Source: IndexBox Market Intelligence Platform

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)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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