Report Update Nov 1, 2024

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

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Poland: Cinnamon Market 2024

Cinnamon Market Size in Poland

The Polish cinnamon market soared to $X in 2022, growing by 45% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed prominent growth. Cinnamon consumption peaked in 2022 and is likely to continue growth in the near future.

Cinnamon Exports

Exports from Poland

For the fourth year in a row, Poland recorded growth in shipments abroad of cinnamon (canella), which increased by 31% to X tons in 2022. In general, exports showed buoyant growth. The growth pace was the most rapid in 2013 with an increase of 56%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, cinnamon exports skyrocketed to $X in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2017 with an increase of 108% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

The Czech Republic (X tons) was the main destination for cinnamon exports from Poland, with a 41% share of total exports. Moreover, cinnamon exports to the Czech Republic exceeded the volume sent to the second major destination, Portugal (X tons), fourfold. Romania (X tons) ranked third in terms of total exports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+19.3% per year) and Romania (+10.8% per year).

In value terms, the largest markets for cinnamon exported from Poland were the Czech Republic ($X), Portugal ($X) and Romania ($X), together accounting for 61% of total exports. Germany, Slovakia, France, Russia, Hungary, Denmark, Latvia, Sweden and Ukraine lagged somewhat behind, together comprising a further 28%.

Among the main countries of destination, France, with a CAGR of +114.6%, saw the highest rates of growth with regard to the value of exports, 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, reducing by -5.4% against the previous year. In general, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 57%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average 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 Portugal ($X per ton), while the average price for exports to Hungary ($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 Denmark (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cinnamon Imports

Imports into Poland

In 2022, approx. X tons of cinnamon (canella) were imported into Poland; picking up by 42% on the previous year. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +9.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cinnamon imports skyrocketed to $X in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2018 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Vietnam (X tons), Indonesia (X tons) and France (X tons) were the main suppliers of cinnamon imports to Poland, together accounting for 81% of total imports. Italy, Madagascar, Israel and India lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +208.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Vietnam ($X) and France ($X) appeared to be the largest cinnamon suppliers to Poland, with a combined 79% share of total imports. Italy, Madagascar, India and Israel lagged somewhat behind, together comprising a further 10%.

In terms of the main suppliers, Italy, with a CAGR of +173.9%, 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, shrinking by -4% against the previous year. Overall, the import price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 41%. The import price peaked at $X per ton in 2021, and then declined slightly in the following year.

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 Indonesia ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cinnamon (canella) in the world?

The countries with the highest volumes of cinnamon consumption in 2021 were Indonesia, Bangladesh and India, together accounting for 46% of global consumption.

What are the largest producers of cinnamon (canella) in the world?

The countries with the highest volumes of cinnamon production in 2021 were Indonesia, China and Vietnam, together comprising 88% of global production.

What are the leading suppliers of cinnamon (canella) to Poland?

In value terms, France, the Netherlands and the Czech Republic constituted the largest cinnamon suppliers to Poland, together comprising 57% of total imports.

What are the leading importers of cinnamon (canella) from Poland?

In value terms, the largest markets for cinnamon exported from Poland were Portugal, the Czech Republic and Romania, together accounting for 50% of total exports. These countries were followed by Russia, Germany, France, Slovakia, Denmark, Hungary, Bulgaria, Latvia, Austria and Sweden, which together accounted for a further 39%.

What is the average export price for cinnamon (canella) in Poland?

The average cinnamon export price stood at $8,472 per ton in 2021, which is down by -9.4% against the previous year.

What is the average import price for cinnamon (canella) in Poland?

The average cinnamon import price stood at $5,336 per ton in 2021, which is down by -6.3% against the previous year.

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

Poland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Poland
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023