What is the price of cinnamon per kilogram/pound in Finland today?
The retail price range for Finland cinnamon is between US$ 5.22 and US$ 10.09 per kilogram or between US$ 2.37 and US$ 4.58 per pound(lb). Click here to see today's exact prices of cinnamon in Finland
The retail price range in Euro for cinnamon is between EUR 4.83 and EUR 9.33 per kilogram or between EUR 2.19 and EUR 4.23 per pound(lb) in Helsinki and Espoo.
Wholesale prices
In 2024, the approximate wholesale price range for Finland cinnamon is between US$ 3.66 and US$ 7.07 per kilogram or between US$ 1.66 and US$ 3.20 per pound(lb).
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Finland Cinnamon Export Prices - Historical, Trends and Prediction
The export price of Cinnamon from Finland over the last five years has been quite volatile. In 2011, the price was 3.82 US$ per kg, which dropped to 3.64 US$ per kg in 2012. The price then decreased further to 3.50 US$ per kg in 2013, before increasing to 3.56 US$ per kg in 2014. In 2015, the price dropped to 2.90 US$ per kg, before increasing again to 3.63 US$ per kg in 2016. The price then rose to 4.64 US$ per kg in 2017, before skyrocketing to 6.14 US$ per kg in 2018 and 104.00 US$ per kg in 2019. In 2020, the price further increased to 154.00 US$ per kg, before dropping to 145.00 US$ per kg in 2021. The price then decreased to 7.28 US$ per kg in 2022. Based on this data, it is predicted that the export price of Cinnamon from Finland will be around 8.00 US$ per kg in 2023 and 8.50 US$ per kg in 2024.The exports of cinnamon from Finland are categorised as:
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- 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)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
Finland Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Finland over the last five years has been quite volatile. In 2016, the price was 3.63 US dollars per kg, followed by a sharp increase to 4.64 US dollars per kg in 2017. This was followed by a further increase to 6.14 US dollars per kg in 2018. However, in 2019, the price skyrocketed to 104.0 US dollars per kg, and then further increased to 154.0 US dollars per kg in 2020. The price then dropped to 145.0 US dollars per kg in 2021, before settling at 7.28 US dollars per kg in 2022. Based on the data, it is likely that the price of Cinnamon imported into Finland will remain relatively stable in the next two years. We predict that the price of Cinnamon imported into Finland in 2023 will be around 8.00 US dollars per kg, and in 2024 it will be around 8.50 US dollars per kg.Export values for Finland cinnamon
The total values in export for cinnamon in Finland were US$ 109, US$ 181, US$ 215 and US$ 208 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 Finland: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cinnamon in other countries across Europe: Georgia cinnamon, Albania cinnamon, Belarus cinnamon, Bosnia and Herzegovina cinnamon, Bulgaria cinnamon, Croatia cinnamon, Czech Republic cinnamon, Estonia cinnamon, Greece cinnamon & Hungary cinnamon.
Finland cinnamon - Production, Exports, Imports, Seasons and HS Codes
The volume of cinnamon exported by Finland in 2020 was 25 tons. In 2019 Finland sold 2 tonnes of cinnamon. Across 2019 alone, the interest in Finland cinnamon (herbs and spices category) has shrunk, changing by -94.286 per cent compared to the year 2018. Between 2017 and 2019, cinnamon's exports reduced by -94.87% netting Finland US$0.21m for the year 2019. Finland's cinnamon exports are classified as:
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
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Finland cinnamon export values
In 2019, Finland supplied cinnamon costing 0.21m USD, a drop of -2.33% from 2018's total cinnamon export of 0.215m USD. The annual change in value of Finland cinnamon between 2017 to 2018 was 18.785 per cent.
The yearly change in the quantity of Finland's cinnamon exports between 2017 and 2019 was -94.87 percent in comparison to a variation of -94.286% in the period between 2018 and 2019.
Finland's share of the world's total cinnamon's exports in 2019 was less than 1%. The country is ranked position 33 in world exports of cinnamon.
Export markets for Finland cinnamon ( in '000$ )
Finland's best performing export markets for cinnamon are Denmark, Estonia, Sweden and Latvia.
Import/Export Trends
Finland is a net importer of cinnamon. The annual growth of Finland cinnamon in value between 2015 to 2019 was -15%, per year, while annual growth in quantity through the same period was -58%, per annum.
Finland bought 244 tonnes of cinnamon in 2019.