Forecast: Import of Whole Cinnamon and Cinnamon-tree Flowers to Canada

As of 2023, the import value of whole cinnamon and cinnamon-tree flowers to Canada stood at approximately 4.33 million USD. From 2024 onwards, Canada is expected to see steady growth in imports, with forecasts indicating a rise from 4.47 million USD in 2024 to 5.08 million USD by 2028. This represents a year-on-year growth rate in the range of 3.49% to 3.27%, with a compound annual growth rate (CAGR) of 3.23% over the five-year period from 2024 to 2028.

Future trends to watch for include:

  • Global supply chain dynamics that may affect cinnamon pricing and availability.
  • Consumer demand for organic and sustainably sourced spices that might influence import volumes.
  • Potential shifts in trade agreements and tariffs impacting cinnamon imports into Canada.

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