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

Contents:

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

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

In 2022, the average import price for spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground amounted to $507 per ton, with a decrease of -55.9% against the previous year. In general, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2018 an increase of 95%. Over the period under review, average import prices attained the peak figure at $1,150 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,012 per ton), while the price for Vietnam ($458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.0%), 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 Tunisia

In 2022, the amount of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground imported into Tunisia skyrocketed to 130 tons, jumping by 192% compared with the previous year's figure. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of spices; cinnamon (cinnamomum zeylanicum blume), neither crushed nor ground skyrocketed to $66K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Spices; Cinnamon (Cinnamomum Zeylanicum Blume), Neither Crushed Nor Ground in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam13.4N/A6.243.047.5%
China4.4N/A1.113.143.9%
Indonesia14.2N/A4.210.1-10.7%
Turkey2.8N/A0.4N/A-62.2%
Others2.9N/A39.5N/A269.1%
Total37.7N/A51.466.220.6%

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

  1. Vietnam (93.9 tons)
  2. China (26.6 tons)
  3. Indonesia (10.0 tons)

Source: IndexBox Market Intelligence Platform

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