What is the price of cinnamon per kilogram/pound in Lebanon today?
The retail price range for Lebanon cinnamon is between US$ 18.05 and US$ 28.61 per kilogram or between US$ 8.19 and US$ 12.97 per pound(lb). Click here to see today's exact prices of cinnamon in Lebanon
The retail price range in Lebanese Pound for cinnamon is between LBP 273,542.32 and LBP 433,432.77 per kilogram or between LBP 124,055.47 and LBP 196,568.15 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon cinnamon is between US$ 12.64 and US$ 20.02 per kilogram or between US$ 5.73 and US$ 9.08 per pound(lb).
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Lebanon Cinnamon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cinnamon from Lebanon over the last five years has been quite volatile. In 2017, the price was 7.67 US dollars per kg, followed by a sharp drop to 3.33 US dollars per kg in 2018. In 2019, the price rose to 7.33 US dollars per kg, and then increased slightly to 7.56 US dollars per kg in 2020. The price then dropped to 6.78 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Cinnamon from Lebanon in 2023 will be around 6.50 US dollars per kg, and in 2024 will be around 6.25 US dollars per kg.The exports of cinnamon from Lebanon are classified 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 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)
Lebanon Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Lebanon over the last five years has been quite volatile. In 2017, the price was 7.67 US dollars per kg, followed by a sharp drop to 3.33 US dollars per kg in 2018. The price then rose to 7.33 US dollars per kg in 2019 and 7.56 US dollars per kg in 2020. The most recent data shows that the price has dropped to 6.78 US dollars per kg in 2021. Based on this trend, it is likely that the price of Cinnamon in Lebanon will remain around the 6.78 US dollars per kg mark in 2023 and 2024.Export values for Lebanon cinnamon
The total values in export for cinnamon in Lebanon were US$ 63, US$ 23, US$ 10 and US$ 22 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 Lebanon: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cinnamon in other countries across Middle East: Bahrain cinnamon, Cyprus cinnamon, Iraq cinnamon, Israel cinnamon, Jordan cinnamon, Kuwait cinnamon, Lebanon cinnamon, Palestine cinnamon, Oman cinnamon & Qatar cinnamon.
Lebanon cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon shipped 3 tonnes of cinnamon. Across 2019 alone, the demand for Lebanon cinnamon (herbs and spices category) has remained constant, changing by 0 per cent compared to the year 2018. Between 2017 and 2019, cinnamon's exports remained stable at 0% earning Lebanon US$0.02m for the year 2019. Lebanon's cinnamon exports are classified as:
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
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Lebanon cinnamon export values
In 2019, Lebanon supplied cinnamon worth 0.02m USD, a surge of 100.00% from 2018's total cinnamon export of 0.01m USD. The annual growth in value of Lebanon cinnamon between 2017 to 2018 was -56.522%.
The per year change in the volume of Lebanon's cinnamon exports between 2017 and 2019 was 0 pc when compared to a variation of 0% in the growth rate between 2018 and 2019.
Export markets for Lebanon cinnamon ( in '000$ )
Lebanon's leading destinations for cinnamon are Sweden, Canada, Ghana, United Arab Emirates (UAE) and Saudi Arabia.
Lebanon purchased 595 tonnes of cinnamon in 2019.