Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland - 2023
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland (CIF) - 2022
The average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $8,359 per ton in 2022, shrinking by -11.4% against the previous year. In general, the import price, however, saw prominent growth. The growth pace was the most rapid in 2015 an increase of 35%. The import price peaked at $9,432 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($29,077 per ton), while the price for Italy ($5,080 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+34.4%), 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 Poland (FOB) - 2022
The average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $28,895 per ton in 2022, with a decrease of -12.6% against the previous year. In general, the export price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2017 an increase of 313%. The export price peaked at $33,068 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($48,584 per ton), while the average price for exports to the Czech Republic ($4,047 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 Croatia (+38.4%), 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 Poland
Imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into Poland rose markedly to 193 tons in 2022, surging by 10% against the previous year. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground declined to $1.6M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 63%.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 105 | 216 | 198 | 327 | 46.0% |
| Germany | 1.3 | 209 | 176 | 312 | 521.4% |
| Czech Republic | 0.6 | 163 | 235 | 218 | 613.6% |
| Sri Lanka | 117 | 110 | 153 | 215 | 22.5% |
| Netherlands | 13.0 | 200 | 298 | 203 | 149.9% |
| Indonesia | 161 | N/A | 217 | 170 | 1.8% |
| Austria | N/A | 77.3 | 93.3 | 77.2 | -0.1% |
| Vietnam | 76.2 | 11.2 | 4.7 | 58.5 | -8.4% |
| China | 133 | 0.7 | 0.6 | 0.9 | -81.1% |
| France | 146 | 303 | 111 | N/A | -12.8% |
| Others | 49.4 | 19.9 | 169 | 33.1 | -12.5% |
| Total | 802 | 1,310 | 1,655 | 1,616 | 26.3% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Poland in 2022:
- Italy (64.4 tons)
- Germany (39.2 tons)
- Netherlands (34.8 tons)
- Czech Republic (17.5 tons)
- Indonesia (12.8 tons)
- Vietnam (8.9 tons)
- Sri Lanka (7.4 tons)
- Austria (4.4 tons)
- China (0.1 tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland
After two years of decline, overseas shipments of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground increased by 16% to 15 tons in 2022. Overall, exports, however, recorded a deep downturn.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground reached $429K in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 35% against the previous year. As a result, the exports attained the peak of $471K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 175 | 331 | 244 | 193 | 3.3% |
| United Kingdom | 48.8 | 80.7 | 67.6 | 118 | 34.2% |
| France | 74.3 | N/A | 98.6 | 102 | 11.1% |
| Lithuania | 2.0 | 4.3 | 4.8 | 6.3 | 46.6% |
| Czech Republic | 0.2 | 0.1 | 2.0 | 3.1 | 149.3% |
| Romania | 1.5 | 0.4 | 1.6 | 2.8 | 23.1% |
| Ukraine | 2.9 | 3.3 | 2.1 | 1.2 | -25.5% |
| Croatia | 21.6 | 7.6 | 0.1 | 0.1 | -83.3% |
| Belarus | 16.5 | 8.7 | 0.1 | N/A | -92.2% |
| Others | 5.0 | 34.5 | 4.3 | 3.0 | -15.7% |
| Total | 348 | 471 | 425 | 429 | 7.2% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from Poland in 2022:
- Portugal (7.1 tons)
- United Kingdom (3.8 tons)
- France (2.1 tons)
- Czech Republic (0.8 tons)
- Romania (0.6 tons)
- Lithuania (0.3 tons)
- Ukraine (0.2 tons)
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This report provides an in-depth analysis of the cinnamon market in Poland.
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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 Poland.
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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...
2660
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
9669
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
1109
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2660
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
9669
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
