What is the price of cinnamon per kilogram/pound in Peru today?
The retail price range for Peru cinnamon is between US$ 7.88 and US$ 10.34 per kilogram or between US$ 3.57 and US$ 4.69 per pound(lb). Click here to see today's exact prices of cinnamon in Peru
The retail price range in Sol for cinnamon is between PEN 29.14 and PEN 38.25 per kilogram or between PEN 13.22 and PEN 17.35 per pound(lb) in Lima and Arequipa.
Wholesale prices
In 2024, the approximate wholesale price range for Peru cinnamon is between US$ 5.52 and US$ 7.24 per kilogram or between US$ 2.50 and US$ 3.28 per pound(lb).
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Prices of other produce in the Herbs and Spices category in Peru: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of cinnamon in other countries across South America: Argentina cinnamon, Bolivia cinnamon, Brazil cinnamon, Chile cinnamon, Colombia cinnamon, Ecuador cinnamon, French Guiana cinnamon, Guyana cinnamon, Paraguay cinnamon & Peru cinnamon.
Peru cinnamon - Production, Exports, Imports, Seasons and HS Codes
The amount of cinnamon sold by Peru in 2020 was 15 metric tons. In 2019 Peru sold 9 tonnes of cinnamon. Across 2019 alone, the market for Peru cinnamon (herbs and spices category) has increased, changing by 28.571 % compared to the year 2018. Between 2017 and 2019, cinnamon's exports increased by 50% bringing Peru US$0.11m for the year 2019. Peru's cinnamon exports are categorised as:
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
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Peru cinnamon export values
In 2019, Peru supplied cinnamon worth 0.11m USD, an increment of 44.74% from 2018's total cinnamon export of 0.076m USD. The yearly growth in value of Peru cinnamon between 2017 to 2018 was 80.952 percent.
The yearly change in the quantity of Peru's cinnamon exports between 2017 and 2019 was 50% in comparison to a variation of 28.571% in the period between 2018 and 2019.
Peru's portion of the world's total cinnamon's exports in 2019 was 3 percent. The country is ranked position 8 in world exports of cinnamon.
Export markets for Peru cinnamon ( in '000$ )
Peru's top destinations for cinnamon are Italy, Spain, US, Sweden and Chile.
Import/Export Trends
Peru is a net exporter of cinnamon. The annual growth of Peru cinnamon in value between 2015 to 2019 was 40%, per annum, while annual growth in quantity during the same period was 34%, per annum.
Peru bought 1,649 tonnes of cinnamon in 2019.