Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia - 2022

Contents:

  1. Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia (CIF) - 2022
  2. Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia (FOB) - 2022
  3. Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia
  4. Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia

Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia (CIF) - 2022

In 2022, the average import price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $2,666 per ton, which is down by -5.4% against the previous year. Overall, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 104%. As a result, import price attained the peak level of $4,168 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +24.8% per year.

Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia (FOB) - 2022

In 2022, the average export price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $8,563 per ton, with a decrease of -21.3% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 60% against the previous year. The export price peaked at $13,468 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Libya amounted to +46.1% per year.

Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia

In 2022, overseas purchases of spices; cinnamon and cinnamon-tree flowers, crushed or ground decreased by -62.1% to 5.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 672%.

In value terms, imports of spices; cinnamon and cinnamon-tree flowers, crushed or ground fell sharply to $13K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 1,479%.

Import of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.39.529.113.5118.2%
VietnamN/A14.0N/AN/A0%
United Arab Emirates0.21.97.3N/A504.2%
Others0.10.61.2N/A246.4%
Total1.626.037.613.5103.6%

Top Suppliers of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground to Tunisia in 2022:

  1. China (5.1 tons)

Exports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia

In 2022, after three years of growth, there was significant decline in overseas shipments of spices; cinnamon and cinnamon-tree flowers, crushed or ground, when their volume decreased by -86.9% to 16 kg. In general, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by 68% against the previous year.

In value terms, exports of spices; cinnamon and cinnamon-tree flowers, crushed or ground dropped markedly to $137 in 2022. Overall, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 120%.

Export of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Tunisia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France302738662137-23.2%
Canada228429666N/A70.9%
OthersN/AN/AN/AN/A0%
Total5301,1671,328137-36.3%

Top Export Markets for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground from Tunisia in 2022:

  1. France (16.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cinnamon and cinnamon-tree flowers, crushed or ground - Tunisia