Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman - 2022
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman (CIF) - 2022
In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $2,282 per ton, picking up by 8.1% against the previous year. In general, the import price posted a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 54% against the previous year. The import price peaked at $2,454 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($3,303 per ton), while the price for Indonesia ($261 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman (FOB) - 2022
In 2022, the average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $4,117 per ton, with a decrease of -38.4% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 83%. The export price peaked at $13,820 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($4,209 per ton), while the average price for exports to the United Arab Emirates stood at $1,339 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-11.3%).
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman
In 2022, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into Oman amounted to 662 tons, almost unchanged from 2021 figures. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports reached the peak of 667 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 totaled $1.5M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 -7.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 634 | 880 | 657 | 1,041 | 18.0% |
| China | 319 | 606 | 595 | 372 | 5.3% |
| Vietnam | 81.7 | 100 | 117 | 87.6 | 2.4% |
| Indonesia | 6.1 | 5.1 | 4.0 | 2.1 | -29.9% |
| Others | 17.9 | 46.6 | 12.1 | 8.0 | -23.5% |
| Total | 1,058 | 1,638 | 1,385 | 1,511 | 12.6% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Oman in 2022:
- United Arab Emirates (412.5 tons)
- China (214.2 tons)
- Vietnam (26.5 tons)
- Indonesia (7.9 tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman
In 2022, approx. 10 tons of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground were exported from Oman; picking up by 193% compared with the previous year's figure. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 244% against the previous year. As a result, the exports reached the peak of 17 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground surged to $42K in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 196%. As a result, the exports reached the peak of $61K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 19.7 | 60.4 | 22.9 | 41.6 | 28.3% |
| United Arab Emirates | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 20.5 | 60.8 | 23.2 | 42.0 | 27.0% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from Oman in 2022:
- Qatar (9.9 tons)
- United Arab Emirates (0.3 tons)
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This report provides an in-depth analysis of the cinnamon market in Oman.
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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 Oman.
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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
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The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2637
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
9576
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
