China: Cinnamon Market 2025

Cinnamon Market Size in China

The Chinese cinnamon market declined remarkably to $X in 2022, with a decrease of -15.9% against the previous year. In general, consumption showed a noticeable decrease. Cinnamon consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Cinnamon Production in China

In value terms, cinnamon production amounted to $X in 2022 estimated in export price. In general, production, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 39%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of cinnamon (canella) in China fell to X tons per ha, remaining stable against 2021 figures. The yield figure increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 7.5% against the previous year. Over the period under review, the average cinnamon yield hit record highs at X tons per ha in 2021, and then shrank modestly 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.

The cinnamon harvested area in China shrank slightly to X ha in 2022, almost unchanged from the year before. The harvested area increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 13%. The cinnamon harvested area peaked at X ha in 2021, and then contracted slightly in the following year.

Cinnamon Exports

Exports from China

Cinnamon exports from China stood at X tons in 2022, picking up by 6% on 2021 figures. In general, exports posted strong growth. The growth pace was the most rapid in 2017 when exports increased by 76% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cinnamon exports declined modestly to $X in 2022. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 81%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam (X tons), Bangladesh (X tons) and Pakistan (X tons) were the main destinations of cinnamon exports from China, with a combined 49% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +90.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the key foreign market for cinnamon (canella) exports from China, comprising 52% of total exports. The second position in the ranking was held by Bangladesh ($X), with an 8.4% share of total exports. It was followed by Pakistan, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam totaled +120.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+14.7% per year) and Pakistan (-2.6% per year).

Export Prices by Country

In 2022, the average cinnamon export price amounted to $X per ton, declining by -6.1% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 24% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Pakistan ($X 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 Vietnam (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cinnamon Imports

Imports into China

In 2022, overseas purchases of cinnamon (canella) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports posted a modest expansion. The growth pace was the most rapid in 2019 with an increase of 157% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cinnamon imports surged to $X in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 98% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; afterwards, it flattened through to 2022.

Imports by Country

Indonesia (X tons), Vietnam (X tons) and Myanmar (X tons) were the main suppliers of cinnamon imports to China, together accounting for 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +17.2%), while imports for the other leaders experienced a decline.

In value terms, the largest cinnamon suppliers to China were Indonesia ($X), Vietnam ($X) and Myanmar ($X), together accounting for 100% of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +18.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cinnamon import price amounted to $X per ton, surging by 48% against the previous year. In general, the import price posted buoyant growth. The growth pace was the most rapid in 2021 an increase of 130%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Myanmar ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+101.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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