Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan - 2022
Contents:
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan (CIF) - 2022
- Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan (FOB) - 2022
- Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan
- Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan (CIF) - 2022
The average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $6,253 per ton in 2022, dropping by -4.9% against the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 78%. The import price peaked at $6,573 per ton in 2021, and then shrank in the following year.
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 China amounted to +14.7% per year.
Price for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan (FOB) - 2022
The average export price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground stood at $8,310 per ton in 2022, with an increase of 26% against the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 105% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($8,310 per ton), while the average price for exports to Free Zones stood at $8,310 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+56.3%).
Imports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan
In 2022, approx. 329 tons of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground were imported into Jordan; which is down by -5% on the previous year. Over the period under review, imports showed a dramatic decline.
In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground shrank to $2.1M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 35%. As a result, imports reached the peak of $2.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,611 | 2,379 | 2,245 | 2,052 | 8.4% |
| Vietnam | 146 | 146 | 6.6 | 3.5 | -71.2% |
| Indonesia | 67.5 | 26.6 | N/A | N/A | -60.6% |
| United Arab Emirates | 119 | 73.1 | 5.2 | N/A | -79.1% |
| Others | 0.9 | 5.8 | 21.4 | 2.7 | 44.2% |
| Total | 1,943 | 2,630 | 2,279 | 2,058 | 1.9% |
Top Suppliers of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground to Jordan in 2022:
- China (328.2 tons)
- Vietnam (0.6 tons)
Exports of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan
In 2022, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground from Jordan stood at 64 tons, surging by 1.8% against the previous year. Over the period under review, exports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year.
In value terms, exports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground surged to $534K in 2022. Overall, exports showed a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 81%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 308 | 218 | 245 | 400 | 9.1% |
| China | 28.3 | N/A | 169 | 134 | 67.9% |
| Others | N/A | 12.1 | 1.5 | N/A | -87.6% |
| Total | 336 | 230 | 416 | 534 | 16.7% |
Top Export Markets for Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground from Jordan in 2022:
- Free Zones (48.2 tons)
- China (16.1 tons)
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This report provides an in-depth analysis of the cinnamon market in Jordan.
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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 Jordan.
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This report provides an in-depth analysis of the global cinnamon market.
1106
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2652
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
9637
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3913
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
1106
The global cinnamon market revenue amounted to $1.1B in 2018, dropping by -9% against the previous year. This figure...
2652
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
9637
Global cinnamon consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
