Indonesia’s Dominant Role in Cinnamon Exports

Cinnamon, a spice revered for its rich aroma and flavor, is an essential commodity in the global spice trade. With growing demand in various industries, understanding the market size and export dynamics, especially Indonesia’s contribution, provides valuable insights for stakeholders. This article delves into the global cinnamon market, highlighting Indonesia’s export performance, future opportunities, and more. (Link to a product page for Korintje Cinnamon)

Global Market Size of Cinnamon

The global cinnamon market has witnessed consistent growth, driven by increasing applications in food, beverage, pharmaceutical, and cosmetics industries. The market was valued at approximately USD 1.2 billion in 2022 and is expected to grow at a CAGR of 7% from 2023 to 2028. Major cinnamon producers include Indonesia, China, Vietnam, and Sri Lanka, with Indonesia leading in the production of Cassia cinnamon, known for its superior quality and high oil content.

Indonesia’s Cinnamon Export: A Closer Look

Indonesia is a key player in the global cinnamon market, particularly with its Korintje Cinnamon from the Kerinci region. In 2023, Indonesia exported approximately 45,000 metric tons of cinnamon, valued at around USD 190 million. The major export destinations include the United States, India, Germany, and the Netherlands. The U.S. alone accounted for about 40% of Indonesia’s cinnamon exports, reflecting its strong demand for the spice.

Export Destinations and Trade Values

• United States: Indonesia exported 18,000 metric tons to the U.S. in 2023, valued at USD 76 million. The U.S. remains the largest importer of Indonesian cinnamon, driven by its usage in food processing and flavoring industries.
• India: India imported around 12,000 metric tons of cinnamon from Indonesia, with a trade value of USD 48 million. Cinnamon is widely used in Indian cuisine and traditional medicine.
• Germany: With imports of 7,500 metric tons, Germany is a significant European market for Indonesian cinnamon, valued at USD 32 million.
• Netherlands: The Netherlands imported 5,000 metric tons, valued at USD 21 million, reflecting its role as a trading hub in Europe.

Processed Forms and Export Variants

Indonesian cinnamon is exported in various forms, catering to diverse market needs:

• Whole Sticks: Preferred for its natural form, whole sticks are widely used in culinary applications.
• Ground Cinnamon: Ground cinnamon is in high demand in the food processing industry, especially for baked goods and beverages.
• Cinnamon Oil: Extracted from the bark, cinnamon oil is popular in the pharmaceutical and cosmetic industries due to its anti-inflammatory and antimicrobial properties.

Future Market Opportunities

With the growing trend towards natural and organic products, the global demand for cinnamon is expected to rise. Indonesia, with its vast cinnamon plantations and high-quality produce, is well-positioned to capitalize on this demand. Emerging markets in Asia and the Middle East present new opportunities for expansion, particularly in the food and beverage industry.

Indonesia’s role in the global cinnamon market is significant, with its exports contributing a major share of the world’s supply. As demand for this versatile spice continues to grow, Indonesia’s cinnamon industry is poised for further growth. By focusing on quality, diversifying export forms, and exploring new markets, Indonesia can strengthen its position as a global leader in the cinnamon trade.

External Link :

Trade Statistics Source:

• • Tridge: Indonesia Cinnamon Export Data

Market Insights:

• • Mordor Intelligence: Global Cinnamon Market Overview

Future Opportunities:

• • Market Research Future: Cinnamon Market Forecast