**Greece Sees Surge in Cinnamon Imports Ahead of Peak Season**
**Cinnamon demand expected to rise as European bakeries prepare for festive season**
• Greek imports of cinnamon rose by 12% y-o-y in June, totaling 1,500 MT.
• The increase is attributed to seasonal demand from European bakeries and confectioneries.
• Prices remain steady at $3.20/kg, despite a slight decrease in global production due to adverse weather conditions.
The uptick in Greek cinnamon imports comes as the country’s food industry prepares for the peak season, with many bakeries and confectioneries ramping up production ahead of Christmas and New Year celebrations. The increased demand is driven by consumer preferences for traditional holiday treats, such as sweet breads and pastries.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 574,935 | 2,440,491 |
| 2021 | 653,172 | 2,916,868 |
| 2022 | 523,694 | 2,662,211 |
| 2023 | 678,237 | 2,876,280 |
| 2024 | 632,161 | 2,373,245 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Viet Nam | 436,053 | 1,197,150 |
| Indonesia | 60,014 | 252,276 |
| Sri Lanka | 52,730 | 332,786 |
| Italy | 28,920 | 162,990 |
| Netherlands | 15,420 | 84,842 |
| Austria | 10,108 | 118,605 |
| Germany | 7,947 | 47,443 |
| Spain | 6,644 | 28,946 |
| Belgium | 6,125 | 68,615 |
| Poland | 5,200 | 41,600 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Viet Nam | 399,181 | 1,256,946 |
| Indonesia | 121,591 | 584,484 |
| Sri Lanka | 58,578 | 353,728 |
| Italy | 43,493 | 255,030 |
| Germany | 11,880 | 102,594 |
| Spain | 10,292 | 52,744 |
| Austria | 9,861 | 79,670 |
| Netherlands | 7,111 | 41,969 |
| Belgium | 6,585 | 73,213 |
| Poland | 4,576 | 34,549 |
