What is the price of cinnamon per kilogram/pound in Canada today?
The retail price range for Canada cinnamon is between US$ 2.91 and US$ 5.83 per kilogram or between US$ 1.32 and US$ 2.64 per pound(lb). Click here to see today's exact prices of cinnamon in Canada
The retail price range in Canadian Dollar for cinnamon is between CAD 3.93 and CAD 7.87 per kilogram or between CAD 1.78 and CAD 3.57 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada cinnamon is between US$ 2.04 and US$ 4.08 per kilogram or between US$ 0.93 and US$ 1.85 per pound(lb).
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Canada Cinnamon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cinnamon from Canada over the last five years has been relatively stable. In 2017, the price was 3.61 US$ per kg, followed by 3.56 US$ per kg in 2018. In 2019, the price increased to 3.99 US$ per kg, and then to 4.25 US$ per kg in 2020. The highest price was recorded in 2021, at 4.91 US$ per kg, and the most recent price was 5.18 US$ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Cinnamon from Canada will be 5.35 US$ per kg in 2023 and 5.52 US$ per kg in 2024.The exports of cinnamon from Canada are categorised as:
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
Canada Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Canada has seen a steady increase over the last five years. In 2017, the price was $3.61, and in 2021, it was $4.91, representing an increase of 36%. The highest price was recorded in 2021 at $4.91, while the lowest was in 2014 at $3.66. The price in 2020 was $4.25, and in 2022 it was $5.18. Based on this trend, it is predicted that the price of Cinnamon in 2023 will be around $5.55 and in 2024 it will be around $5.93.Export values for Canada cinnamon
The total values in export for cinnamon in Canada were US$ 446, US$ 679, US$ 726 and US$ 602 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Canada: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cinnamon in other countries across North America: Canada cinnamon, US cinnamon, Anguilla cinnamon, Antigua and Barbuda cinnamon, Bermuda cinnamon, Bonaire, Sint Eustatius and Saba cinnamon, St.Pierre and Miquelon cinnamon, United States Minor Outlying Islands cinnamon, Cayman Islands cinnamon & Greenland cinnamon.
Canada cinnamon - Production, Exports, Imports, Seasons and HS Codes
The amount of cinnamon sold by Canada in 2020 was 225 metric tonnes. In 2019 Canada shipped 155 tonnes of cinnamon. Across 2019 alone, the market for Canada cinnamon (herbs and spices category) has decreased, with a change of -24.02 per cent compared to the year 2018. Between 2017 and 2019, cinnamon's exports decreased by -17.55 percent earning the country US$0.60m for the year 2019. Canada's cinnamon exports are classified as:
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
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Canada cinnamon export values
In 2019, Canada exported cinnamon worth 0.60m USD, a reduction of -17.36% from 2018's total cinnamon export of 0.726m USD. The yearly reduction in value of Canada cinnamon between 2017 to 2018 was 6.922%.
The annual/yearly variation in the quantity of Canada's cinnamon exports between 2017 and 2019 was -17.55 percent in comparison to a variation of -24.02% in the period between 2018 and 2019.
Canada's portion of the world's total cinnamon's exports in 2019 was 1.3%. Canada holds number 10 in world exports of cinnamon.
Export markets for Canada cinnamon ( in '000$ )
Canada's best performing destinations for cinnamon are US, Guyana, Trinidad and Tobago, Jamaica and New Zealand.
Import/Export Trends
Canada is a net exporter of cinnamon. The annual growth of Canada cinnamon in value between 2015 to 2019 was -22%, per year, while annual growth in quantity during the same period was -21%, per annum.
Canada brought in 2,481 tonnes of cinnamon in 2019.