Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon - 2022
Contents:
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon (CIF) - 2022
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon (FOB) - 2022
- Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon
- Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon (CIF) - 2022
The average import price for spices; cinnamon and cinnamon-tree flowers, crushed or ground stood at $1,866 per ton in 2022, with an increase of 50% against the previous year. Overall, the import price saw a mild expansion. The pace of growth was the most pronounced in 2016 an increase of 80% against the previous year. The import price peaked at $3,294 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($20,152 per ton), while the price for France ($1,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+24.8%), 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 Cameroon (FOB) - 2022
In 2022, the average export price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $13,250 per ton, jumping by 32% against the previous year. Overall, the export price recorded significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($17,333 per ton), while the average price for exports to Canada totaled $1,000 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon
In 2022, approx. 4.9 tons of spices; cinnamon and cinnamon-tree flowers, crushed or ground were imported into Cameroon; with a decrease of -2.1% on the year before. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 129% against the previous year. As a result, imports attained the peak of 5.1 tons, and then fell slightly in the following year.
In value terms, imports of spices; cinnamon and cinnamon-tree flowers, crushed or ground skyrocketed to $9.2K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 89%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
Import of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2,765 | 1,590 | 1,077 | 4,532 | 17.9% |
Indonesia | 417 | 249 | 378 | 1,592 | 56.3% |
Germany | 329 | 451 | 227 | 958 | 42.8% |
India | 285 | 305 | 166 | 835 | 43.1% |
Belgium | 21.0 | 326 | 290 | 607 | 206.9% |
Lebanon | 270 | 165 | 77.0 | 329 | 6.8% |
Portugal | N/A | N/A | 3,516 | N/A | 0% |
Others | 376 | 227 | 540 | 378 | 0.2% |
Total | 4,463 | 3,313 | 6,271 | 9,231 | 27.4% |
Top Suppliers of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground to Cameroon in 2022:
- France (3854.0 kg)
- Germany (487.0 kg)
- Lebanon (236.0 kg)
- Belgium (135.0 kg)
- India (126.0 kg)
- Indonesia (79.0 kg)
Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon
In 2022, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground from Cameroon surged to 4 kg, increasing by 300% against the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground skyrocketed to $53 in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Cameroon (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Cyprus | N/A | 52.0 | 0% | ||
Canada | N/A | 1.0 | 0% | ||
South Korea | 10.0 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 10.0 | 53.0 | 430.0% |
Top Export Markets for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground from Cameroon in 2022:
- Cyprus (3.0 kg)
- Canada (1.0 kg)
This report provides an in-depth analysis of the cinnamon market in Cameroon.
This report provides an in-depth analysis of the global cinnamon market.
This report provides an in-depth analysis of the cinnamon market in Cameroon.
This report provides an in-depth analysis of the global cinnamon market.
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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
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.