Morocco: Cinnamon Market 2025

Cinnamon Market Size in Morocco

For the fourth consecutive year, the Moroccan cinnamon market recorded growth in sales value, which increased by 39% to $X in 2022. In general, consumption continues to indicate a resilient expansion. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Cinnamon Exports

Exports from Morocco

In 2022, the amount of cinnamon (canella) exported from Morocco reduced remarkably to X kg, shrinking by -80.7% on 2021. Over the period under review, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2017 when exports increased by 1,594% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cinnamon exports reduced dramatically to $X in 2022. Overall, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 1,864% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cabo Verde (X kg), the United States (X kg) and New Caledonia (X kg) were the main destinations of cinnamon exports from Morocco, together comprising 90% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cabo Verde (with a CAGR of +3.4%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cinnamon exported from Morocco were the United States ($X), Cabo Verde ($X) and New Caledonia ($X), with a combined 68% share of total exports. The United Arab Emirates and Cote d'Ivoire lagged somewhat behind, together comprising a further 25%.

Cote d'Ivoire, with a CAGR of +80.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cinnamon export price amounted to $X per ton, waning by -33.1% against the previous year. In general, the export price, however, showed a slight increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 321% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Cabo Verde ($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 Cote d'Ivoire (+188.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cinnamon Imports

Imports into Morocco

Cinnamon imports into Morocco soared to X tons in 2022, with an increase of 28% against the previous year's figure. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +172.0% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of 82% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, cinnamon imports skyrocketed to $X in 2022. In general, imports recorded a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of 77% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cinnamon to Morocco, with a 77% share of total imports. Moreover, cinnamon imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was taken by Indonesia (X tons), with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+169.3% per year) and Indonesia (-34.8% per year).

In value terms, China ($X) constituted the largest supplier of cinnamon (canella) to Morocco, comprising 74% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 24% share of total imports. It was followed by Indonesia, with a 1% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+195.5% per year) and Indonesia (-16.9% per year).

Import Prices by Country

The average cinnamon import price stood at $X per ton in 2022, surging by 10% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 40%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Madagascar ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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