Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay - 2023
Contents:
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay (CIF) - 2022
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay (FOB) - 2022
- Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay
- Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay (CIF) - 2022
The average import price for spices; cinnamon and cinnamon-tree flowers, crushed or ground stood at $5,674 per ton in 2022, surging by 12% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 an increase of 122% against the previous year. As a result, import price reached the peak level of $5,965 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,091 per ton), while the price for El Salvador ($4,587 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay (FOB) - 2022
The average export price for spices; cinnamon and cinnamon-tree flowers, crushed or ground stood at $4,333 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. The export price peaked at $11,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -8.9% per year.
Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay
In 2022, overseas purchases of spices; cinnamon and cinnamon-tree flowers, crushed or ground were finally on the rise to reach 7.3 tons after two years of decline. Overall, imports, however, saw a perceptible curtailment.
In value terms, imports of spices; cinnamon and cinnamon-tree flowers, crushed or ground soared to $41K in 2022. In general, imports, however, continue to indicate a deep setback.
| Import of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 38.8 | 5.8 | 3.0 | 35.4 | -3.0% |
| United States | N/A | N/A | N/A | 1.7 | 0% |
| El Salvador | 0.5 | 0.4 | N/A | 1.6 | 47.4% |
| Austria | N/A | 2.1 | 0.7 | 1.5 | -15.5% |
| Indonesia | 1.8 | 12.9 | 0.2 | 1.2 | -12.6% |
| Singapore | 5.7 | 4.4 | 1.2 | N/A | -54.1% |
| Others | 2.6 | 2.2 | 3.1 | N/A | 9.2% |
| Total | 49.5 | 27.8 | 8.2 | 41.5 | -5.7% |
Top Suppliers of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground to Uruguay in 2022:
- Vietnam (6.5 tons)
- El Salvador (0.3 tons)
- United States (0.2 tons)
- Austria (0.2 tons)
- Indonesia (0.1 tons)
Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay
In 2022, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground from Uruguay amounted to 3 kg, remaining constant against the year before. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of 99.9% was in 2021.
In value terms, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground stood at $13 in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of 99.9% was in 2021.
| Export of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Uruguay (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | 26.0 | N/A | 13.0 | -29.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 26.0 | N/A | 13.0 | -29.3% | |
Top Export Markets for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground from Uruguay in 2022:
- United Kingdom (3.0 kg)
338
This report provides an in-depth analysis of the cinnamon market in Uruguay.
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This report provides an in-depth analysis of the global cinnamon market.
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This report provides an in-depth analysis of the cinnamon market in Uruguay.
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This report provides an in-depth analysis of the global cinnamon market.
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In 2015, the countries with the highest levels of cinnamon production in 2015 were Indonesia (X thousand tons), China (X thousand tons), Vietnam (X thousand tons), together accounting for X% of total output.
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Sri Lanka dominates in the global cinnamon trade. In 2014, Sri Lanka exported X thousand tons of сinnamon totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total сinnamon expor
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The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2629
From 2007 to 2016, the global cinnamon market value fluctuated perceptibly. According to IndexBox estimates, a significant increase in 2008 (X% Y-o-Y) was followed by a slight drop in 2009 (X% Y-o-Y). Over the next two years, the market gradually in
9545
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
