Oman: Cinnamon Market 2025

Cinnamon Market Size in Oman

In 2022, after two years of growth, there was decline in the Omani cinnamon market, when its value decreased by -4.3% to $X. Over the period under review, consumption, however, continues to indicate a strong expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped modestly in the following year.

Cinnamon Exports

Exports from Oman

In 2022, cinnamon exports from Oman surged to X tons, with an increase of 155% against the year before. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 230%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cinnamon exports soared to $X in 2022. Over the period under review, exports recorded a significant increase. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Yemen (X tons), Somalia (X tons) and Qatar (X tons) were the main destinations of cinnamon exports from Oman, together accounting for 98% 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 Yemen (with a CAGR of +143.2%), while the other leaders experienced more modest paces of growth.

In value terms, Somalia ($X), Qatar ($X) and Yemen ($X) were the largest markets for cinnamon exported from Oman worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, Yemen, with a CAGR of +49.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average cinnamon export price stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 41% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Yemen ($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 Somalia (-18.6%), while the prices for the other major destinations experienced a decline.

Cinnamon Imports

Imports into Oman

In 2022, the amount of cinnamon (canella) imported into Oman was estimated at X tons, flattening at 2021 figures. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 46%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, cinnamon imports rose markedly to $X in 2022. In general, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 61%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Kuwait (X tons) were the main suppliers of cinnamon imports to Oman, with a combined 97% share of total imports. These countries were followed by Tanzania, which accounted for a further 1.9%.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +239.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and Kuwait ($X) appeared to be the largest cinnamon suppliers to Oman, with a combined 93% share of total imports. Tanzania lagged somewhat behind, comprising a further 1.6%.

Among the main suppliers, Tanzania, with a CAGR of +272.5%, recorded the highest growth rate of 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, growing by 7.7% against the previous year. In general, the import price recorded buoyant growth. The pace of growth was the most pronounced in 2018 an increase of 58% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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