Deep, understated fruity cinnamiticity; interestingly reminiscent of things like longpepper. 

The word balsamic is a little bit ungraspable as a perfumery concept at the best of times, but apart from pointing to a big vat of labdanum, this might be the synthetic that I choose to best demonstrate the idea of the 'balsamic'.

Methyl Cinnamate ---> Strawberry

Ethyl Cinnamate ---> Davana

Isobutyl Cinnamate ----> ambery, plum