Market research

Cinnamon market in Sao Tome and Principe

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Cinnamon production and market volume in Sao Tome and Principe gradually declined from 58 thousand kg in 2018 to 57.7 thousand kg in 2023, with a slight year-on-year reduction. The market size followed a similar downward trend, decreasing from 58.6 thousand kg to 58 thousand kg over the same period.

In 2020, the government closed the country's main market due to the COVID-19 pandemic, disrupting the local commercialization of agricultural products including cinnamon. This event, coupled with subsidy measures for residents stranded by travel restrictions, contributed to a contraction in market activity that year.

The government announced in 2024 a policy shift to begin 100% organic production of local agricultural products, which includes cinnamon. Concurrent regulatory changes to the foreign exchange market and the introduction of automatic fuel price adjustments based on international costs were also implemented, signaling a transformation in the agricultural sector's operating environment.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Sao Tome and Principe
  1. 5.1.1. Annual dynamics of production in Sao Tome and Principe in kind, 2018-2023, kg
  2. 5.1.2. Annual dynamics of production in Sao Tome and Principe in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, kg
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, kg
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Sao Tome and Principe in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Sao Tome and Principe by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Sao Tome and Principe in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Sao Tome and Principe by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Sao Tome and Principe, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Sao Tome and Principe by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Sao Tome and Principe in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Sao Tome and Principe by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Sao Tome and Principe in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Sao Tome and Principe by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Sao Tome and Principe, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Sao Tome and Principe by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Sao Tome and Principe in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Sao Tome and Principe by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Sao Tome and Principe in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Sao Tome and Principe by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Sao Tome and Principe, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Sao Tome and Principe by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Sao Tome and Principe in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Sao Tome and Principe by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Sao Tome and Principe in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Sao Tome and Principe by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Sao Tome and Principe, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Sao Tome and Principe by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production cinnamon in Sao Tome and Principe

In kind, 2017-2020, kg

From 2017 to 2020, Sao Tome and Principe ranked 8th globally in cinnamon production volume.

Top producers of cinnamon, 2017-2020

Source: SHEV.io

World map of production of cinnamon, 2017-2020

Source: SHEV.io

Sao Tome and Principe's cinnamon production declined for the third consecutive year. In 2020, the country produced 57 860 kg of cinnamon, showing no significant change compared to the previous year.

Annual dynamics of production in Sao Tome and Principe in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.2%)	(0.2%)	(0.1%)	(0.2%)

Source: SHEV.io

Exports cinnamon from Sao Tome and Principe

Exports in kind, kg

Market performance showed noticeable fluctuations during this period. Exports varied significantly, reaching their lowest point in 2019 and peaking in 2020 with a 12-fold difference between these years. In 2020, cinnamon shipments from Sao Tome and Principe totaled 60.0 kg, reflecting a 1 100.0% increase compared to 2019.

Annual dynamics of product's exports from Sao Tome and Principe in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	1 100.0%	115.4%

Source: SHEV.io

Throughout 2017–2020, Portugal and Gabon remained the principal buyers of cinnamon from Sao Tome and Principe, together accounting for 93.0% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sao Tome and Principe in kind, 2017-2020

Source: SHEV.io

Exports in value, $ US

The market exhibited an unstable trend throughout the timeframe. Exports in value terms showed substantial volatility, with a peak-to-trough amplitude of 30 times between 2017 and 2019. In 2020, cinnamon shipments from Sao Tome and Principe amounted to 837 US dollars, which was 80.3% lower compared to the previous year.

Annual dynamics of product's exports from Sao Tome and Principe in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	(80.3%)	80.6%

Source: SHEV.io

In 2017–2020, Portugal and Gabon were the two main destinations for exports in value terms, with Portugal accounting for 16.0% and Gabon for 2.7% of total flows, jointly representing 18.7% of total exports.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sao Tome and Principe in value, 2017-2020

Source: SHEV.io

Imports cinnamon to Sao Tome and Principe

Imports in kind, kg

The market exhibited an unstable trend throughout the timeframe. Imports in kind fluctuated significantly, reaching their lowest point in 2017 and peaking in 2018 with a 2.9-fold difference between these years. In 2020, Sao Tome and Principe's volume of cinnamon imports stood at 243.0 kg, down by 6.4% compared to the previous year. The maximum value was recorded in 2018 at 616.0 kg. The largest decline occurred in 2019 at 57.9%, while the largest increase was in 2018 at 185.2%.

Annual dynamics of product's imports to Sao Tome and Principe in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	185.2%	(57.9%)	(6.4%)	4.0%

Source: SHEV.io

Throughout 2017–2020, Portugal dominated the country structure of imports in kind, with a share of 98.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sao Tome and Principe in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

In 2020, Sao Tome and Principe's volume of cinnamon imports was recorded at 2 336 US dollars, up by 11.7% year-over-year. Between 2017 and 2020, imports decreased by 2.5%, equating to an annualized rate of 0.8%. The minimum value was recorded in 2019 at 2 092 US dollars, while the maximum was in 2018 at 3 502 US dollars. The largest decline occurred in 2019 at 40.3%, and the largest increase was in 2018 at 46.2%.

Annual dynamics of product's imports to Sao Tome and Principe in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	46.2%	(40.3%)	11.7%	(0.8%)

Source: SHEV.io

Over 2017–2020, imports in value terms of cinnamon to Sao Tome and Principe were almost completely tied to Portugal, whose share amounted to 97.0% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sao Tome and Principe in value, 2017-2020

Source: SHEV.io