In 2023, Brazil imported 3.225 million kilograms of whole cinnamon and cinnamon-tree flowers. Forecast data for the years 2024 to 2028 indicates a steady increase, reaching approximately 3.5683 million kilograms by 2028. The annual growth rate from 2024 onward shows a fairly consistent upward trend of around 2% per year. Over the five-year horizon, the compound annual growth rate (CAGR) is projected to be steady, reflecting the stable demand for cinnamon in Brazil.
Future trends to watch for include potential shifts in consumer preferences towards organic products, which might impact import volumes. Additionally, changes in global supply chain dynamics and trade agreements could influence import levels and pricing.
