Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania - 2023
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania (CIF) - 2022
In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $8,680 per ton, with a decrease of -11.1% against the previous year. Overall, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 163%. The import price peaked at $9,768 per ton in 2021, and then fell 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 Germany ($25,023 per ton), while the price for Latvia ($5,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania (FOB) - 2022
The average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $15,643 per ton in 2022, dropping by -53.7% against the previous year. Overall, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2019 an increase of 223%. As a result, the export price reached the peak level of $34,266 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($204,866 per ton), while the average price for exports to Ireland ($3,495 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 Slovakia (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania
In 2022, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into Romania totaled 30 tons, with an increase of 8.8% compared with the year before. In general, imports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, imports attained the peak of 43 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground declined modestly to $257K in 2022. Over the period under review, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of $375K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 22.9 | 38.4 | 66.4 | 73.4 | 47.4% |
| Austria | 54.3 | 45.6 | 49.4 | 42.3 | -8.0% |
| Greece | 8.5 | 38.0 | 8.6 | 27.1 | 47.2% |
| Latvia | 2.3 | 16.6 | 25.5 | 23.1 | 115.8% |
| Vietnam | N/A | N/A | 4.7 | 21.8 | 363.8% |
| Spain | 20.0 | 22.9 | 6.3 | 19.1 | -1.5% |
| Germany | 23.7 | 120 | 36.1 | 15.1 | -14.0% |
| Poland | 26.7 | 44.0 | 31.8 | 13.2 | -20.9% |
| Netherlands | 24.3 | 31.6 | 17.8 | 2.7 | -51.9% |
| Indonesia | 52.0 | 3.1 | N/A | N/A | -94.0% |
| Others | 14.2 | 14.3 | 18.8 | 18.7 | 9.6% |
| Total | 249 | 375 | 265 | 257 | 1.1% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Romania in 2022:
- Hungary (8.4 tons)
- Greece (5.0 tons)
- Latvia (4.3 tons)
- Vietnam (3.0 tons)
- Spain (2.4 tons)
- Austria (2.3 tons)
- Poland (1.8 tons)
- Germany (0.6 tons)
- Netherlands (0.3 tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania
In 2022, overseas shipments of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground decreased by -8.6% to 3.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground declined remarkably to $56K in 2022. Overall, exports, however, saw measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 83%. As a result, the exports reached the peak of $133K, and then reduced markedly in the following year.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 13.6 | 11.5 | 21.9 | 22.9 | 19.0% |
| Hungary | 1.1 | 2.2 | 2.4 | 16.7 | 147.6% |
| Croatia | 2.0 | N/A | 7.6 | 11.0 | 76.5% |
| Moldova | 0.1 | 1.1 | 1.5 | 1.9 | 166.8% |
| Germany | 24.9 | 45.3 | 93.5 | 1.3 | -62.6% |
| United Kingdom | 2.5 | 2.7 | 1.8 | 0.9 | -28.9% |
| Ireland | 0.2 | 0.4 | 0.5 | 0.7 | 51.8% |
| France | 4.0 | 0.9 | N/A | 0.2 | -63.2% |
| Albania | N/A | 3.9 | 0.1 | N/A | -97.4% |
| Others | 2.8 | 4.8 | 3.7 | 0.5 | -43.7% |
| Total | 51.2 | 72.8 | 133 | 56.3 | 3.2% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from Romania in 2022:
- Hungary (1869.0 kg)
- Croatia (1240.0 kg)
- Ireland (192.0 kg)
- Italy (112.0 kg)
- Moldova (67.0 kg)
- Germany (45.0 kg)
- United Kingdom (27.0 kg)
- France (18.0 kg)
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This report provides an in-depth analysis of the cinnamon market in Romania.
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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 Romania.
9481
This report provides an in-depth analysis of the global cinnamon market.
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The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
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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
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Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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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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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.
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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
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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
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
9777
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
