What is the price of cinnamon per kilogram/pound in Egypt today?
The retail price range for Egypt cinnamon is between US$ 7.70 and US$ 26.96 per kilogram or between US$ 3.49 and US$ 12.23 per pound(lb). Click here to see today's exact prices of cinnamon in Egypt
The retail price range in Egyptian Pound for cinnamon is between EGP 240.73 and EGP 842.54 per kilogram or between EGP 109.17 and EGP 382.10 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt cinnamon is between US$ 5.39 and US$ 18.87 per kilogram or between US$ 2.45 and US$ 8.56 per pound(lb).
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Egypt Cinnamon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cinnamon from Egypt over the last five years has been quite varied. In 2017, the price was 4.50 US dollars per kilogram, followed by a significant increase to 13.36 US dollars per kilogram in 2018. The price then dropped to 14.00 US dollars per kilogram in 2019, before decreasing again to 7.17 US dollars per kilogram in 2020. The most recent year, 2021, saw the price of Cinnamon from Egypt drop to 6.62 US dollars per kilogram. Based on this data, it is likely that the export price of Cinnamon from Egypt will remain relatively stable in the next two years, with an estimated price of 6.62 US dollars per kilogram in 2023 and 2024.The exports of cinnamon from Egypt are categorised as:
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
Egypt Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Egypt over the last five years has been quite varied. In 2016, the price was 3.10 US dollars per kg, followed by a slight increase to 4.50 US dollars per kg in 2017. In 2018, the price saw a significant jump to 13.36 US dollars per kg, before dropping to 14.00 US dollars per kg in 2019. The price then decreased to 7.17 US dollars per kg in 2020, and further decreased to 6.62 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Cinnamon into Egypt in 2023 will be around 5.00 US dollars per kg, and in 2024 it will be around 4.50 US dollars per kg.Export values for Egypt cinnamon
The total values in export for cinnamon in Egypt were US$ 2,983, US$ 4,616, US$ 5,112 and US$ 6,972 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 Egypt: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cinnamon in other countries across Africa: Algeria cinnamon, Angola cinnamon, Botswana cinnamon, Burundi cinnamon, Cameroon cinnamon, Cape Verde cinnamon, Central African Republic cinnamon, Comoros cinnamon, DRC Congo cinnamon & Benin cinnamon.
Egypt cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt shipped 18 tonnes of cinnamon. Through 2019 alone, the demand for Egypt cinnamon (herbs and spices category) has reduced, flactuating by -47.059 % compared to the year 2018. Between 2017 and 2019, cinnamon's exports went up by 20% bringing the country US$6.97m for the year 2019. Egypt's cinnamon exports are categorised as:
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
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Egypt cinnamon export values
In 2019, Egypt supplied cinnamon with a value of 6.97m USD, a surge of 36.35% from 2018's total cinnamon export of 5.112m USD. The annual change in value of Egypt cinnamon between 2017 to 2018 was 10.745 pc.
The annual/yearly change in the volume of Egypt's cinnamon exports between 2017 and 2019 was 20% compared to a variation of -47.059% in the period between 2018 and 2019.
Egypt's stake of the world's total cinnamon's exports in 2019 was less than 1%. The country holds number 72 in world exports of cinnamon.
Export markets for Egypt cinnamon ( in '000$ )
Egypt's leading destinations for cinnamon are Libya, Honduras, Colombia, United Arab Emirates (UAE) and Saudi Arabia.
Egypt procured 1,502 tonnes of cinnamon in 2019.