What is the price of cinnamon per kilogram/pound in Morocco today?
The retail price range for Morocco cinnamon is between US$ 4.83 and US$ 7.73 per kilogram or between US$ 2.19 and US$ 3.51 per pound(lb). Click here to see today's exact prices of cinnamon in Morocco
The retail price range in Moroccan Dirham for cinnamon is between MAD 49.81 and MAD 79.70 per kilogram or between MAD 22.59 and MAD 36.15 per pound(lb) in Rabat and Casablanca.
Wholesale prices
In 2024, the approximate wholesale price range for Morocco cinnamon is between US$ 3.38 and US$ 5.41 per kilogram or between US$ 1.53 and US$ 2.45 per pound(lb).
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Morocco Cinnamon Export Prices - Historical, Trends and Prediction
The export price of Cinnamon from Morocco over the last five years has been quite varied. In 2011, the price per kilogram was 6.22 US dollars. This increased to 6.44 US dollars in 2012, before jumping to 11.50 US dollars in 2013. The price then dropped to 2.33 US dollars in 2014, before increasing to 3.50 US dollars in 2017. In 2018, the price per kilogram was 6.50 US dollars, before dropping to 2.80 US dollars in 2019. The price then increased to 17.00 US dollars in 2020, before dropping to 6.00 US dollars in 2021. Based on this data, it is predicted that the price of Cinnamon from Morocco will be 8.50 US dollars in 2023 and 8.00 US dollars in 2024.The cinnamon exports from Morocco 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 "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 crushed and ground) (HS code 090610)
Morocco Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Morocco over the last five years has been quite volatile. In 2017, the price was 3.50 US dollars per kg, followed by a significant increase to 6.50 US dollars per kg in 2018. However, the price dropped to 2.80 US dollars per kg in 2019 and then rose to 17.00 US dollars per kg in 2020. The price then dropped to 6.00 US dollars per kg in 2021. Based on this trend, it is predicted that the import price per kilogram of Cinnamon into Morocco in 2023 will be around 8.50 US dollars per kg and in 2024 it will be around 4.00 US dollars per kg.Export values for Morocco cinnamon
The total values in export for cinnamon in Morocco were US$ 7, US$ 13 and US$ 14 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Morocco: 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.
Morocco cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 Morocco shipped 5 tonnes of cinnamon. In 2019 alone, the interest in Morocco cinnamon (herbs and spices category) has climbed, recording a change of 150 percent compared to the year 2018. Between 2017 and 2019, cinnamon's exports increased by 150% netting Morocco US$0.01m for the year 2019. Morocco's cinnamon exports are categorised as:
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
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Morocco cinnamon export values
In 2019, Morocco exported cinnamon valued at 0.01m USD, a decrease of -23.08% from 2018's total cinnamon export of 0.013m USD. The annual reduction in value of Morocco cinnamon between 2017 to 2018 was 85.714 per cent.
The yearly variation in the amount of Morocco's cinnamon exports between 2017 and 2019 was 150 per cent compared to a variation of 150% in the period between 2018 and 2019.
Morocco's share of the world's total cinnamon's exports in 2019 was less than 1%. The country is ranked number 30 in world exports of cinnamon.
Export markets for Morocco cinnamon ( in '000$ )
Morocco's leading export markets for cinnamon are Spain, the Netherlands, US, Mali and Cape Verde.
Import/Export Trends
Morocco is a net exporter of cinnamon. The annual growth of Morocco cinnamon in value between 2015 to 2019 was 25%, per year, while annual growth in quantity during the same period was 37%, per annum.
Morocco purchased 1,783 tonnes of cinnamon in 2019.