Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Cameroon - 2022

Contents:

  1. Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Cameroon (CIF) - 2022
  2. Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Cameroon

Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Cameroon (CIF) - 2022

In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $6,418 per ton, dropping by -2.2% against the previous year. Over the period under review, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 43% against the previous year. Over the period under review, average import prices reached the maximum at $6,564 per ton in 2021, and then reduced slightly 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 Indonesia ($13,700 per ton), while the price for Germany ($1,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Cameroon

In 2022, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground into Cameroon declined sharply to 330 kg, shrinking by -34.9% against the previous year's figure. In general, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 234%. As a result, imports attained the peak of 507 kg, and then declined notably in the following year.

In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground declined notably to $2.1K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 265% against the previous year. As a result, imports attained the peak of $3.3K, and then fell remarkably in the following year.

Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3883382,4081,68163.0%
Indonesia30.022534413765.9%
China10777.013764.0-15.7%
France5.023.013754.0121.0%
India25512850.041.0-45.6%
Lebanon13770.077.039.0-34.2%
Germany28.015.024.09.0-31.5%
Others67.036.015193.011.5%
Total1,0179123,3282,11827.7%

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

  1. United Arab Emirates (250.0 kg)
  2. France (23.0 kg)
  3. Lebanon (19.0 kg)
  4. Indonesia (10.0 kg)
  5. India (6.0 kg)
  6. Germany (5.0 kg)
  7. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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