What is the price of cinnamon per kilogram/pound in Nepal today?
The retail price range for Nepal cinnamon is between US$ 4.30 and US$ 9.18 per kilogram or between US$ 1.95 and US$ 4.16 per pound(lb). Click here to see today's exact prices of cinnamon in Nepal
The retail price range in Nepalese Rupee for cinnamon is between NPR 570.62 and NPR 1,217.32 per kilogram or between NPR 258.78 and NPR 552.07 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal cinnamon is between US$ 3.01 and US$ 6.42 per kilogram or between US$ 1.37 and US$ 2.91 per pound(lb).
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Nepal Cinnamon Export Prices - Historical, Trends and Prediction
The export price of Cinnamon from Nepal over the last five years has been relatively stable. In 2017, the price per kilogram was 0.75 US dollars, followed by 0.68 US dollars in 2018. In 2019, the price increased to 0.80 US dollars, before dropping back to 0.77 US dollars in 2020 and 2021. Overall, the export price of Cinnamon from Nepal has seen a slight decrease over the last five years. Based on this trend, it is likely that the export price of Cinnamon from Nepal in 2023 and 2024 will be around 0.75 US dollars and 0.73 US dollars respectively.The Nepal cinnamon exports are categorised as:
- 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 crushed and ground) (HS code 090610)
- 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)
Nepal Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Nepal over the last five years has been relatively stable. In 2016, the price was 0.77 US dollars per kg, followed by 0.75 US dollars per kg in 2017. In 2018, the price dropped to 0.68 US dollars per kg, before increasing to 0.8 US dollars per kg in 2019. The price then decreased slightly to 0.77 US dollars per kg in 2020 and 2021. Based on this trend, it is likely that the import price per kilogram of Cinnamon into Nepal in 2023 and 2024 will be around 0.77 US dollars per kg.Export values for Nepal cinnamon
The total values in export for cinnamon in Nepal were US$ 1,376, US$ 1,191, US$ 1,021 and US$ 989 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 Nepal: 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.
Nepal cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal exported 1,242 tonnes of cinnamon. For 2019 alone, the interest in Nepal cinnamon (herbs and spices category) has gone down, flactuating by -16.812 pc compared to the year 2018. Between 2017 and 2019, cinnamon's exports reduced by -21.74 pc earning the exporter US$0.99m for the year 2019. Nepal's cinnamon exports are classified as:
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
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Nepal cinnamon export values
In 2019, Nepal exported cinnamon worth 0.99m USD, a contraction of -3.04% from 2018's total cinnamon export of 1.021m USD. The yearly reduction in value of Nepal cinnamon between 2017 to 2018 was -14.274 percent.
The yearly variation in the quantity of Nepal's cinnamon exports between 2017 and 2019 was -21.74 percent when compared to a variation of -16.812% in the growth rate between 2018 and 2019.
Export markets for Nepal cinnamon ( in '000$ )
Nepal's top destinations for cinnamon are Australia, Japan, India and China.
Nepal imported 536 tonnes of cinnamon in 2019.