Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan - 2022
Contents:
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan (CIF) - 2022
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan (FOB) - 2022
- Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan
- Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan (CIF) - 2022
In 2022, the average import price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $5,639 per ton, rising by 5.9% against the previous year. Overall, the import price recorded resilient growth. The growth pace was the most rapid in 2021 when the average import price increased by 114% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($5,639 per ton), while the price for the United States ($5,638 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+21.3%), 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 Jordan (FOB) - 2022
The average export price for spices; cinnamon and cinnamon-tree flowers, crushed or ground stood at $5,649 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2013 a decrease of less than 0.1% against the previous year. The export price peaked at $5,662 per ton in 2021, and then shrank in the following year.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +16.8% per year.
Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan
In 2022, approx. 35 tons of spices; cinnamon and cinnamon-tree flowers, crushed or ground were imported into Jordan; growing by 8.6% compared with 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year.
In value terms, imports of spices; cinnamon and cinnamon-tree flowers, crushed or ground surged to $199K in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 262% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 20.2 | 4.7 | 134 | 135 | 88.4% |
| Namibia | N/A | N/A | N/A | 52.2 | 0% |
| United States | 0.4 | 0.8 | 5.1 | 7.9 | 170.3% |
| United Arab Emirates | 47.9 | 42.2 | 30.6 | N/A | -20.1% |
| Others | 0.5 | 0.2 | 3.0 | 3.9 | 98.3% |
| Total | 69.0 | 47.8 | 173 | 199 | 42.3% |
Top Suppliers of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground to Jordan in 2022:
- Vietnam (24.0 tons)
- Namibia (9.3 tons)
- United States (1.4 tons)
Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan
In 2022, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground from Jordan declined dramatically to 228 kg, which is down by -49.9% compared with the previous year's figure. Over the period under review, exports continue to indicate a dramatic shrinkage.
In value terms, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground fell dramatically to $1.3K in 2022. In general, exports recorded a dramatic shrinkage.
| Export of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Arab Emirates | N/A | 1.3 | 0% | ||
| United Kingdom | 2.6 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 2.6 | 1.3 | -50.0% | ||
Top Export Markets for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground from Jordan in 2022:
- United Arab Emirates (228.0 kg)
128
This report provides an in-depth analysis of the cinnamon market in Jordan.
9483
This report provides an in-depth analysis of the global cinnamon market.
128
This report provides an in-depth analysis of the cinnamon market in Jordan.
9483
This report provides an in-depth analysis of the global cinnamon market.
1120
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2682
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
9780
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
4021
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.
4457
Cinnamon production reached X thousand tons in 2016, with a positive dynamic being recorded over the last few years, except for a slight decline in 2010.
2910
Cinnamon is one of the most common spices today. It can be used in cooking, when added to salads, soups, or beverages (cinnamon flavored tea is very popular nowadays), or pharmaceutical industry. Besides, it is one of the most repeatedly used additives
2283
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
1120
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2682
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
9780
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
