Report Update Nov 1, 2024

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

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Sudan: Cinnamon Market 2024

Cinnamon Market Size in Sudan

The Sudanese cinnamon market skyrocketed to $X in 2022, growing by 197% 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). Over the period under review, consumption showed a remarkable increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cinnamon Exports

Exports from Sudan

Cinnamon exports from Sudan shrank remarkably to X kg in 2022, dropping by -47.1% compared with 2021. Overall, exports continue to indicate a significant decrease. The growth pace was the most rapid in 2021 with an increase of 1,613% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cinnamon exports declined rapidly to $X in 2022. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,721%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for cinnamon exports from Sudan, with a 96% share of total exports. It was followed by China (X kg), with a 3.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to -20.7%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for cinnamon (canella) exports from Sudan, comprising 88% of total exports. The second position in the ranking was held by China ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at -8.1%.

Export Prices by Country

The average cinnamon export price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price, however, posted a prominent increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 120%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, 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 China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+15.9%).

Cinnamon Imports

Imports into Sudan

In 2022, imports of cinnamon (canella) into Sudan skyrocketed to X tons, increasing by 186% against the year before. Overall, imports saw a measured increase. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, cinnamon imports skyrocketed to $X in 2022. In general, imports saw a resilient increase. The growth pace was the most rapid in 2013 with an increase of 232% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cinnamon to Sudan, with a 62% share of total imports. Moreover, cinnamon imports from China exceeded the figures recorded by the second-largest supplier, Ethiopia (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ethiopia (+16.1% per year) and the United Arab Emirates (+7.0% per year).

In value terms, China ($X) constituted the largest supplier of cinnamon (canella) to Sudan, comprising 66% of total imports. The second position in the ranking was held by Ethiopia ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ethiopia (+25.2% per year) and the United Arab Emirates (+20.2% per year).

Import Prices by Country

The average cinnamon import price stood at $X per ton in 2022, with an increase of 5.1% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cinnamon import price decreased by -1.0% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 41% against the previous year. The import price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Ethiopia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+35.1%), 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, with a combined 46% share 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, with a combined 88% share of global production.

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

In value terms, China constituted the largest supplier of cinnamon to Sudan, comprising 97% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 1.8% share of total imports.

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

The average cinnamon export price stood at $1,400 per ton in 2018, surging by 5.7% against the previous year.

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

The average cinnamon import price stood at $2,425 per ton in 2021, remaining relatively unchanged against the previous year.

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

Sudan

Data coverage:

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