What is the price of cinnamon per kilogram/pound in Nicaragua today?
The retail price range for Nicaragua cinnamon is between US$ 10.33 and US$ 18.02 per kilogram or between US$ 4.69 and US$ 8.17 per pound(lb). Click here to see today's exact prices of cinnamon in Nicaragua
The retail price range in Cordoba Oro for cinnamon is between NIO 377.63 and NIO 658.65 per kilogram or between NIO 171.26 and NIO 298.71 per pound(lb) in Managua and León.
Wholesale prices
In 2024, the approximate wholesale price range for Nicaragua cinnamon is between US$ 7.23 and US$ 12.61 per kilogram or between US$ 3.28 and US$ 5.72 per pound(lb).
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Prices of other produce in the Herbs and Spices category in Nicaragua: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cinnamon in other countries across Central America: Belize cinnamon, Costa Rica cinnamon, El Salvador cinnamon, Guatemala cinnamon, Honduras cinnamon, Mexico cinnamon, Nicaragua cinnamon & Panama cinnamon.
Nicaragua cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nicaragua exported 10 tonnes of cinnamon. Through 2019 alone, the demand for Nicaragua cinnamon (herbs and spices category) has escalated, changing by 233.333 pc compared to the year 2018. Between 2017 and 2019, cinnamon's exports increased by 25% netting Nicaragua US$0.11m for the year 2019. Nicaragua's cinnamon exports are categorised as:
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
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Nicaragua cinnamon export values
In 2019, Nicaragua sold cinnamon valued at 0.11m USD, an increment of 400.00% from 2018's total cinnamon export of 0.022m USD. The yearly increase in value of Nicaragua cinnamon between 2017 to 2018 was -74.713 pc.
The per year variation in the volume of Nicaragua's cinnamon exports between 2017 and 2019 was 25% in comparison to a variation of 233.333% in the period between 2018 and 2019.
Export markets for Nicaragua cinnamon ( in '000$ )
Nicaragua's top export markets for cinnamon are Costa Rica, Honduras, US and El Salvador.
Nicaragua brought in 246 tonnes of cinnamon in 2019.