What is the price of cinnamon per kilogram/pound in South Africa today?
The retail price range for South Africa cinnamon is between US$ 1.92 and US$ 3.84 per kilogram or between US$ 0.87 and US$ 1.74 per pound(lb). Click here to see today's exact prices of cinnamon in South Africa
The retail price range in Rand for cinnamon is between ZAR 37.29 and ZAR 74.58 per kilogram or between ZAR 16.91 and ZAR 33.82 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa cinnamon is between US$ 1.34 and US$ 2.69 per kilogram or between US$ 0.61 and US$ 1.22 per pound(lb).
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South Africa Cinnamon Export Prices - Historical, Trends and Prediction
In 2016, the export price of Cinnamon from South Africa was US$ 0.89 per Kg. In 2017, the export price was US$ 0.65 per Kg. In 2018, the export price was US$ 0.51 per Kg. In 2019, the export price was US$ 0.47 per Kg. In 2020, the export price was US$ 0.57 per Kg. For the year 2023, the predicted export price of Cinnamon from South Africa is US$ 0.53 per Kg.The South Africa cinnamon exports 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 (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
South Africa Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into South Africa over the last five years has been relatively stable. In 2016, the price was $3.68, followed by $3.67 in 2017. In 2018, the price increased to $5.11, before dropping to $4.18 in 2019. The price then decreased further to $4.05 in 2020, before increasing to $4.33 in 2021. The most recent data shows that the price has dropped to $2.53 in 2022. Looking ahead, it is likely that the import price per kilogram of Cinnamon into South Africa will remain relatively stable in the next two years. We predict that the price will remain at $2.53 in 2023 and increase slightly to $2.60 in 2024.Export values for South Africa cinnamon
The total values in export for cinnamon in South Africa were US$ 272, US$ 407, US$ 281 and US$ 163 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 South Africa: 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.
South Africa cinnamon - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa exported 149,772 tonnes of cinnamon. For the year 2019 alone, the market for South Africa cinnamon (herbs and spices category) has shrunk, recording a change of -3.703 pc compared to the year 2018. Between 2017 and 2019, cinnamon's exports grew by 40.73 pc earning the country US$0.16m for the year 2019. South Africa's cinnamon exports are categorised as:
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
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South Africa cinnamon export values
In 2019, South Africa exported cinnamon costing 0.16m USD, a drop of -43.06% from 2018's total cinnamon export of 0.281m USD. The annual reduction in value of South Africa cinnamon between 2017 to 2018 was -30.958%.
The yearly variation in the amount of South Africa's cinnamon exports between 2017 and 2019 was 40.73 percent in comparison to a variation of -3.703% in the period between 2018 and 2019.
South Africa's stake of the world's total cinnamon's exports in 2019 was less than 1%. The country is ranked position 62 in world exports of cinnamon.
Export markets for South Africa cinnamon ( in '000$ )
South Africa's top destinations for cinnamon are Botswana, Zambia, Namibia, US and Swaziland (Eswatini).
Import/Export Trends
South Africa is a net exporter of cinnamon. The annual growth of South Africa cinnamon in value between 2015 to 2019 was -44%, per year, while annual growth in quantity through the same period was -56%, per annum.
South Africa imported 1,087 tonnes of cinnamon in 2019.