In 2023, the import volume of crushed or ground cinnamon and cinnamon-tree flowers to the US stood at 14.8 million kilograms. The forecast for 2024 through 2028 predicts a steady increase from 15.216 million kilograms in 2024 to 17.126 million kilograms in 2028.
Key observations include:
- A year-on-year growth rate of approximately 3.23% between 2024 and 2025.
- From 2025 to 2026, a growth of about 3.08% is anticipated.
- The increase from 2026 to 2027 is projected to be around 2.92%.
- Ending with a projected 2.78% increase from 2027 to 2028.
- This reflects a compound annual growth rate (CAGR) of around 3.08% over the five-year period from 2024 to 2028.
Future trends to watch include potential fluctuations in demand driven by consumer preferences, health trends promoting cinnamon's benefits, and geopolitical or supply chain factors affecting trade agreements and import dynamics.
