Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates - 2022
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (FOB) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (CIF) - 2022
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $2,292 per ton, increasing by 6.8% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 9%. The export price peaked at $4,660 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($2,951 per ton), while the average price for exports to Sudan ($1,349 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 Yemen (+30.5%), while the prices for the other major destinations experienced a decline.
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (CIF) - 2022
The average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $2,531 per ton in 2022, shrinking by -58.5% against the previous year. Overall, the import price, however, showed a strong increase. The growth pace was the most rapid in 2019 an increase of 90% against the previous year. The import price peaked at $6,091 per ton in 2021, and then dropped remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($9,825 per ton), while the price for China ($2,235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates
In 2022, the amount of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground exported from the United Arab Emirates soared to 6K tons, increasing by 107% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. 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 (cinnamomum zeylanicum blume), neither crushed nor ground skyrocketed to $14M in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Yemen | N/A | N/A | N/A | 2.7 | 0% |
Sudan | N/A | N/A | N/A | 1.9 | 0% |
Oman | 0.7 | 0.9 | 0.7 | 1.8 | 37.0% |
South Sudan | N/A | N/A | N/A | 1.4 | 0% |
China | N/A | N/A | N/A | 1.3 | 0% |
Iran | 3.0 | 4.8 | 5.2 | 0.6 | -41.5% |
Somalia | N/A | N/A | N/A | 0.6 | 0% |
Iraq | N/A | N/A | N/A | 0.4 | 0% |
Ethiopia | N/A | N/A | N/A | 0.4 | 0% |
Others | 0.1 | 0.1 | 0.2 | 2.6 | 196.2% |
Total | 3.8 | 5.8 | 6.2 | 13.6 | 53.0% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from the United Arab Emirates in 2022:
- Sudan (1398.2 tons)
- Yemen (1056.7 tons)
- South Sudan (853.9 tons)
- Oman (620.6 tons)
- China (477.5 tons)
- Iran (225.7 tons)
- Somalia (196.9 tons)
- Iraq (158.2 tons)
- Ethiopia (139.7 tons)
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates
In 2022, supplies from abroad of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground was finally on the rise to reach 5.3K tons after two years of decline. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground skyrocketed to $13M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.1 | 0.1 | 0.1 | 10.4 | 370.3% |
Vietnam | 1.4 | 1.2 | 2.4 | 2.5 | 21.3% |
Sri Lanka | 3.0 | 4.8 | 0.2 | 0.5 | -45.0% |
Indonesia | 0.7 | 0.8 | 0.1 | N/A | -62.2% |
Others | 0.1 | 0.1 | 2.7 | 0.1 | 0.0% |
Total | 5.3 | 7.0 | 5.5 | 13.5 | 36.6% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to the United Arab Emirates in 2022:
- China (4.7K tons)
- Vietnam (0.6K tons)
This report provides an in-depth analysis of the cinnamon market in the United Arab Emirates.
This report provides an in-depth analysis of the global cinnamon market.
This report provides an in-depth analysis of the cinnamon market in the United Arab Emirates.
This report provides an in-depth analysis of the global cinnamon market.
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
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The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
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.