U.S. - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2025

U.S. - Cinnamon (Canella) - Market Analysis, Forecast, Size, Trends and Insights

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Cinnamon Prices in the United States

U.S. Cinnamon Import Price per Ton in August 2022

In August 2022, the cinnamon price per ton amounted to $5.9K (CIF, US), shrinking by -9.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 14% against the previous month. As a result, import price attained the peak level of $6.5K per ton, and then contracted in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Sri Lanka ($8.1K per ton), while the price for Turkey ($3.7K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.7%), while the prices for the other major suppliers experienced a decline.

U.S. Cinnamon Imports

In August 2022, after three months of decline, there was significant growth in overseas purchases of cinnamon (canella), when their volume increased by 26% to 2.7K tons. Overall, imports, however, showed a slight curtailment.

In value terms, cinnamon imports rose significantly to $16M (IndexBox estimates) in August 2022. Over the period under review, imports, however, saw a slight slump. The pace of growth appeared the most rapid in April 2022 with an increase of 22% m-o-m. As a result, imports reached the peak of $20M. From May 2022 to August 2022, the growth of imports failed to regain momentum.

U.S. Cinnamon Imports by Country

Indonesia (1.2K tons), Vietnam (1.1K tons) and Sri Lanka (274 tons) were the main suppliers of cinnamon imports to the United States, with a combined 96% share of total imports. Turkey lagged somewhat behind, accounting for a further 1.6%.

From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +31.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Indonesia ($6.5M), Vietnam ($6.4M) and Sri Lanka ($2.2M) appeared to be the largest cinnamon suppliers to the United States, with a combined 96% share of total imports. Turkey lagged somewhat behind, accounting for a further 1%.

Turkey, with a CAGR of +8.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cinnamon market in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2024
    23. Production, In Value Terms, 2012–2024
    24. Area Harvested, 2012–2024
    25. Yield, 2012–2024
    26. Imports, In Physical Terms, 2012–2024
    27. Imports, In Value Terms, 2012–2024
    28. Imports, In Physical Terms, By Country, 2024
    29. Imports, In Physical Terms, By Country, 2012–2024
    30. Imports, In Value Terms, By Country, 2012–2024
    31. Import Prices, By Country Of Origin, 2012–2024
    32. Exports, In Physical Terms, 2012–2024
    33. Exports, In Value Terms, 2012–2024
    34. Exports, In Physical Terms, By Country, 2024
    35. Exports, In Physical Terms, By Country, 2012–2024
    36. Exports, In Value Terms, By Country, 2012–2024
    37. Export Prices, By Country Of Destination, 2012–2024
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Blog
Event
Cinnamon Imports in the U.S. Plummet to $146 Million in 2023
Sep 19, 2024
Eye 252

From 2018 to 2023, Cinnamon imports saw a significant decline, with the value dropping to $146M in 2023.

Cinnamon Price in U.S. Picks Up 14%, Amounting $6,506 per Ton
Sep 30, 2022
Eye 1296

In July 2022, the cinnamon price per ton amounted to $6,506, picking up by 14% against the previous month.

Global Cinnamon Market 2019 - Imports to India Grow Robustly
Aug 7, 2019
Eye 1217

The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...

Indonesia and China are the Largest Suppliers of Cinnamon
May 29, 2018
Eye 2894

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

Which Country Consumes the Most Cinnamon in the World?
Feb 9, 2018
Eye 10676

Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.

Which Country Produces the Most Cinnamon in the World?
Oct 19, 2017
Eye 4360

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.

Global Cinnamon Market: Production Gained 229K Tons
Sep 20, 2017
Eye 4636

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.

Cinnamon Market - Small Cinnamon Farms Support the Economies of Sri Lanka and Indonesia
Jan 25, 2016
Eye 3017

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

Sri Lanka Is the World’s Leading Cinnamon Exporter
Sep 22, 2015
Eye 2395

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

Cinnamon Imports in the U.S. Plummet to $146 Million in 2023
Sep 19, 2024
Eye 252

From 2018 to 2023, Cinnamon imports saw a significant decline, with the value dropping to $146M in 2023.

Free Data: Cinnamon (Canella) - United States