Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic - 2023
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic (CIF) - 2022
In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $9,381 per ton, remaining constant against the previous year. In general, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 an increase of 311%. As a result, import price reached the peak level of $17,893 per ton. From 2017 to 2022, the average 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 Austria ($16,119 per ton), while the price for Vietnam ($4,528 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.3%), 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 the Czech Republic (FOB) - 2022
The average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $13,743 per ton in 2022, rising by 4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 91%. As a result, the export price reached the peak level of $16,201 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($29,516 per ton), while the average price for exports to Denmark ($9,102 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 Germany (+17.9%), 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 the Czech Republic
In 2022, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into the Czech Republic reached 79 tons, growing by 9.4% against the previous year. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 39% against the previous year. As a result, imports reached the peak of 141 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground expanded notably to $741K in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of $904K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 77.4 | 568 | 404 | 412 | 74.6% |
| Austria | 6.9 | 117 | 135 | 129 | 165.4% |
| Germany | 47.1 | 49.0 | 64.5 | 85.8 | 22.1% |
| Vietnam | 10.6 | 1.2 | 6.9 | 49.0 | 66.6% |
| Slovakia | 21.3 | 38.5 | 38.1 | 30.1 | 12.2% |
| Poland | N/A | 19.7 | 12.6 | 27.1 | 17.3% |
| Indonesia | 463 | N/A | N/A | N/A | 0% |
| Others | 80.6 | 111 | 19.6 | 7.9 | -53.9% |
| Total | 707 | 904 | 681 | 741 | 1.6% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to the Czech Republic in 2022:
- Netherlands (39.9 tons)
- Vietnam (10.8 tons)
- Germany (10.7 tons)
- Austria (8.0 tons)
- Slovakia (5.6 tons)
- Poland (3.5 tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic
In 2022, shipments abroad of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground decreased by -26.1% to 21 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 4.3% against the previous year. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground shrank remarkably to $289K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 69.7 | 114 | 127 | 120 | 19.9% |
| Germany | 37.4 | 34.7 | 70.0 | 86.9 | 32.4% |
| Slovakia | 36.2 | 49.2 | 43.3 | 42.1 | 5.2% |
| Norway | 11.3 | 16.6 | 27.5 | 19.6 | 20.2% |
| Denmark | 30.9 | 39.6 | 41.0 | 11.1 | -28.9% |
| Spain | 32.0 | 34.3 | 38.9 | 7.2 | -39.2% |
| United Kingdom | 20.0 | 18.1 | 24.3 | 1.6 | -56.9% |
| Others | 10.0 | 17.5 | 4.3 | 1.0 | -53.6% |
| Total | 247 | 324 | 377 | 289 | 5.4% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from the Czech Republic in 2022:
- Poland (9.6 tons)
- Germany (6.0 tons)
- Slovakia (2.6 tons)
- Denmark (1.2 tons)
- Spain (0.8 tons)
- Norway (0.7 tons)
- United Kingdom (0.2 tons)
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This report provides an in-depth analysis of the cinnamon market in the Czech Republic.
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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 the Czech Republic.
9485
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
9782
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
