What is the price of cinnamon per kilogram/pound in Iran today?
The retail price range for Iran cinnamon is between US$ 2.81 and US$ 4.62 per kilogram or between US$ 1.27 and US$ 2.10 per pound(lb). Click here to see today's exact prices of cinnamon in Iran
The retail price range in Iranian rial for cinnamon is between IRR 140,299.95 and IRR 231,226.05 per kilogram or between IRR 63,628.10 and IRR 104,864.42 per pound(lb) in Tehran and Mashhad.
Wholesale prices
In 2024, the approximate wholesale price range for Iran cinnamon is between US$ 1.96 and US$ 3.24 per kilogram or between US$ 0.89 and US$ 1.47 per pound(lb).
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Iran Cinnamon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cinnamon from Iran over the last five years has been quite varied. In 2017, the price was 1.20 US dollars per kilogram, followed by a slight increase to 2.06 US dollars per kilogram in 2018. In 2019, the price rose to 2.36 US dollars per kilogram, before dropping to 2.33 US dollars per kilogram in 2020. The price then decreased further to 2.00 US dollars per kilogram in 2021. Based on this trend, it is predicted that the export price per kilogram of Cinnamon from Iran in 2023 will be around 1.90 US dollars and in 2024 will be around 1.80 US dollars.The exports of cinnamon from Iran are categorised as:
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- 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)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
Iran Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Iran over the last five years has been quite varied. In 2017, the price was $1.20, followed by a slight increase to $2.06 in 2018. In 2019, the price rose to $2.36, before dropping to $2.33 in 2020. The price then decreased further to $2.00 in 2021. Overall, the import price of Cinnamon into Iran has seen a decrease in the last five years. Looking ahead, it is likely that the import price of Cinnamon into Iran will remain relatively stable in the next two years. We predict that the price will be around $2.00 in 2023 and 2024.Export values for Iran cinnamon
The total values in export for cinnamon in Iran were US$ 16, US$ 12, US$ 37 and US$ 50 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 Iran: 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.
Iran cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 Iran sold 33 tonnes of cinnamon. For 2019 alone, the demand for Iran cinnamon (herbs and spices category) has increased, recording a change of 83.333 pc compared to the year 2018. Between 2017 and 2019, cinnamon's exports went up by 230% bringing the country US$0.05m for the year 2019. Iran's cinnamon exports are categorised as:
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
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Iran cinnamon export values
In 2019, Iran supplied cinnamon costing 0.05m USD, an improvement of 35.14% from 2018's total cinnamon export of 0.037m USD. The annual growth in value of Iran cinnamon between 2017 to 2018 was 208.333 per cent.
The annual change in the amount of Iran's cinnamon exports between 2017 and 2019 was 230 percent in comparison to a variation of 83.333% in the period between 2018 and 2019.
Export markets for Iran cinnamon ( in '000$ )
Iran's top export markets for cinnamon are Turkey, Kazakhstan, Azerbaijan, Sweden and Canada.
Iran bought 3,390 tonnes of cinnamon in 2019.