Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay - 2024
Contents:
- Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay (CIF) - 2022
- Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay
Price for Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay (CIF) - 2022
In 2022, the average import price for spices; cinnamon and cinnamon-tree flowers, crushed or ground amounted to $3,114 per ton, waning by -21.7% against the previous year. In general, the import price recorded a deep slump. The growth pace was the most rapid in 2015 an increase of 64%. Over the period under review, average import prices reached the maximum at $16,708 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Spain ($26,638 per ton), while the price for Brazil ($2,906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay
In 2022, the amount of spices; cinnamon and cinnamon-tree flowers, crushed or ground imported into Paraguay rose slightly to 19 tons, surging by 5% on 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 233%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of spices; cinnamon and cinnamon-tree flowers, crushed or ground fell sharply to $58K in 2022. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year. As a result, imports reached the peak of $71K, and then contracted markedly in the following year.
Import of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground in Paraguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | 18.2 | 36.4 | 53.5 | 71.5% |
Spain | 7.0 | 8.2 | 14.0 | 3.1 | -23.8% |
Germany | N/A | N/A | 6.8 | 0.8 | -88.2% |
Vietnam | N/A | N/A | 12.5 | N/A | 0% |
United States | 2.5 | 3.6 | N/A | N/A | 44.0% |
India | 9.4 | N/A | N/A | N/A | 0% |
Others | 2.9 | 1.3 | 1.0 | 0.7 | -37.7% |
Total | 21.8 | 31.4 | 70.7 | 58.1 | 38.6% |
Top Suppliers of Spices; Cinnamon and Cinnamon-Tree Flowers, Crushed or Ground to Paraguay in 2022:
- Brazil (18.4 tons)
- Germany (0.1 tons)
- Spain (0.1 tons)
This report provides an in-depth analysis of the cinnamon market in Paraguay.
This report provides an in-depth analysis of the global cinnamon market.
This report provides an in-depth analysis of the cinnamon market in Paraguay.
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...
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.