What is the price of cinnamon per kilogram/pound in India today?
The retail price range for India cinnamon is between US$ 2.39 and US$ 8.11 per kilogram or between US$ 1.08 and US$ 3.68 per pound(lb). Click here to see today's exact prices of cinnamon in India
The retail price range in Indian Rupee for cinnamon is between INR 197.60 and INR 671.83 per kilogram or between INR 89.61 and INR 304.69 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India cinnamon is between US$ 1.67 and US$ 5.68 per kilogram or between US$ 0.76 and US$ 2.57 per pound(lb).
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India Cinnamon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cinnamon from India has seen a steady increase over the last five years. In 2017, the price was 4.24 US dollars per kilogram, and in 2021, it had risen to 5.53 US dollars per kilogram. This represents an increase of 31.2% over the five-year period. The highest price was recorded in 2020, at 5.18 US dollars per kilogram. Based on this trend, it is likely that the export price per kilogram of Cinnamon from India will continue to increase in the coming years, with an estimated price of 5.76 US dollars per kilogram in 2023 and 6.09 US dollars per kilogram in 2024.The cinnamon exports from India are categorised as:
- 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)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
India Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into India has seen a steady increase over the last five years. In 2016, the price was $4.08, and in 2021, it was $5.53, representing an increase of 35.7%. The highest price was recorded in 2020, when it was $5.18. The price then dropped slightly in 2021 to $5.53. Based on this trend, it is likely that the price of Cinnamon will continue to increase in the coming years. We can predict that the price of Cinnamon in 2023 will be around $5.80 and in 2024 it will be around $6.10.Export values for India cinnamon
The total values in export for cinnamon in India were US$ 4,790, US$ 5,431, US$ 6,243 and US$ 7,084 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 India: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cinnamon in other countries across Asia: Kazakhstan cinnamon, Kyrgyzstan cinnamon, Tajikistan cinnamon, Turkmenistan cinnamon, Uzbekistan cinnamon, China cinnamon, Hong Kong cinnamon, Macao cinnamon, North Korea cinnamon & Mongolia cinnamon.
India cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 India exported 1,682 tonnes of cinnamon. Across 2019 alone, the demand for India cinnamon (herbs and spices category) has improved, with a change of 8.237 % compared to the year 2018. Between 2017 and 2019, cinnamon's exports increased by 31.41% earning the exporter US$7.08m for the year 2019. India's cinnamon exports are categorised as:
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
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India cinnamon export values
In 2019, India shipped cinnamon worth 7.08m USD, a surge of 13.41% from 2018's total cinnamon export of 6.243m USD. The yearly change in value of India cinnamon between 2017 to 2018 was 14.951%.
The yearly change in the amount of India's cinnamon exports between 2017 and 2019 was 31.41 per cent in comparison to a variation of 8.237% in the period between 2018 and 2019.
Export markets for India cinnamon ( in '000$ )
India's best performing destinations for cinnamon are US, Canada, Australia, Vietnam and United Kingdom (UK).
India ordered 1,682 tonnes of cinnamon in 2019.