Sri Lanka is considered to have the highest CLA in both periods analyzed-1992–2002 and 2013–2022-with a notable trend of increase in the last period.
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Unlocking cinnamon export success: Key determinants from the world's top five producers.
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But, over a worrying trend that develops as both nations show a decrease in PV in the latter period is observed; Indonesia especially suffered severely from the drastic drop in production in 2005.
From the level form analysis, the null hypothesis of non-stationarity could not be rejected for any of the variables namely, Log_CEI, Log_PV, Log_CLA, and Log_ER, at the 5% level of significance, while for Log_DCP, it showed marginal significance at 10% level.