Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates - 2022

Contents:

  1. Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (FOB) - 2022
  2. Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates (CIF) - 2022
  3. Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in the United Arab Emirates
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
YemenN/AN/AN/A2.70%
SudanN/AN/AN/A1.90%
Oman0.70.90.71.837.0%
South SudanN/AN/AN/A1.40%
ChinaN/AN/AN/A1.30%
Iran3.04.85.20.6-41.5%
SomaliaN/AN/AN/A0.60%
IraqN/AN/AN/A0.40%
EthiopiaN/AN/AN/A0.40%
Others0.10.10.22.6196.2%
Total3.85.86.213.653.0%

Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from the United Arab Emirates in 2022:

  1. Sudan (1398.2 tons)
  2. Yemen (1056.7 tons)
  3. South Sudan (853.9 tons)
  4. Oman (620.6 tons)
  5. China (477.5 tons)
  6. Iran (225.7 tons)
  7. Somalia (196.9 tons)
  8. Iraq (158.2 tons)
  9. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China0.10.10.110.4370.3%
Vietnam1.41.22.42.521.3%
Sri Lanka3.04.80.20.5-45.0%
Indonesia0.70.80.1N/A-62.2%
Others0.10.12.70.10.0%
Total5.37.05.513.536.6%

Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to the United Arab Emirates in 2022:

  1. China (4.7K tons)
  2. Vietnam (0.6K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cinnamon (Cinnamomum zeylanicum Blume), neither crushed nor ground - United Arab Emirates