Cinnamon and its products, including cinnamon sticks, have been in high demand around the world, especially in recent years. This article provides you with information on the definition and features of cinnamon sticks, places to find as well as cinnamon sticks prices.
Table of contents
Overview of cinnamon sticks
For those who wonder what cinnamon sticks really are, how they look, and what their values are, this part helps you get detailed information on them.
What are cinnamon sticks and their features?
Cinnamon sticks, also known as quills, are one of the common products made from the bark of the Cinnamon tree, an evergreen aromatic tree belonging to the laurel family, Lauraceae. After the inner bark of the tree is harvested and dried under the sun, they form into strips and curl inward on both sides. That is how cinnamon sticks are formed under the shape of round and hollow rolls, as like scrolls.
- Cinnamon sticks are from average 7 to 10 centimeters long while the thickness is from 5 to 10 millimeters, explaining why they are hard to break.
- The reddish-brown and rough texture on the outside surface of cinnamon sticks are considered their typical features.
- Those cinnamon sticks’ flavor is described as woody, earthy, and spicy in a typical way of the tree.
- The taste of cinnamon sticks is warmly spicy, slightly bitter, and also a little bit sweet.
See more: CINNAMON POWDER SUPPLIER: THE BEST APPROACH TO GET HIGH REVENUE
There are two major types of cinnamon sticks which are Ceylon cinnamon sticks and Cassia cinnamon sticks.
- Cassia cinnamon sticks are considered to gain more popularity in cinnamon consumption markets (especially in the US and Canada).
- Ceylon cinnamon sticks can be primarily found in Sri Lanka with being soft, easy to break, and having a softer and more delicate flavor than Cassia cinnamon sticks.
Cinnamon sticks – health benefits and common uses
Below is general information on how cinnamon sticks contribute to the improvement of people’s health as well as on what purposes people often use them for.
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Health benefits of cinnamon sticks
Cinnamon sticks or cinnamon in general actually do a lot of wonders in terms of health for their users. The most remarkable thing to notice is that cinnamon sticks contain a chemical compound called cinnamaldehyde found mostly in the essential oily part of the cinnamon bark helping with metabolism. Besides, cinnamon sticks, belonging to the top 5 antioxidant-rich spices in the world, are rich in plenty of antioxidants bringing huge benefits to users’ health. Cinnamon sticks, moreover, bear anti-inflammation properties, help fight bacteria and recover damaged tissue.
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Common uses of cinnamon sticks
Cinnamon sticks are used for various different purposes, including flavoring confectionery, liquors, pharmaceuticals, and cosmetics. They, firstly, are preferably used as ingredients in several certain drinks such as coffee or fragrant tea. Some perfumes are also added in some cinnamon sticks. Furthermore, cinnamon sticks’ roles in cooking are familiar to people in many regions. More specifically, cinnamon sticks can be melted in heat in order to make fragrant cooking oil and some stewed and braised meat-related dishes also use cinnamon sticks as an ingredient. Pharmaceutically, cinnamon sticks are found to help treat diabetes in sugar intake.
Cinnamon sticks and their wholesale price
The wholesale price of cinnamon sticks varies from area to area. As mentioned above, Vietnam, China, and Indonesia are 3 major countries growing and exporting cinnamon, including cinnamon sticks. Therefore, this reading will offer information on cinnamon sticks’ wholesale prices in these 3 main regions (based on E-commerce platforms)
- The wholesale price of cinnamon sticks from Vietnamese businesses varies from $3,000.00 to $5,000.00 MT* (Metric Ton/ Tonne). The price has not fluctuated much in recent 5 to 7 years.
- In terms of Chinese businesses, they offer cinnamon sticks at about $2,000.00 to $3,000.00/ MT* (Metric Ton/ Tonne).
- For Indonesian companies selling cinnamon sticks, the wholesale price has ranged from $5,400.00 to $6,840.00/ Ton*.
*Note: 1 Ton = 907 kilograms , 1 Metric Ton/Tonne = 1000 kilograms.
According to Mr. Cuong Kim Vo – a representative of the “Great” Project Team, “The average export price of Vietnamese cinnamon is about 40 USD/kg, higher than the price of cinnamon in China and Indonesia” He claimed at the Vietnam cinnamon sustainable development workshop recently organized by the General Department of Forestry (MARD) and the Sustainable Trade Initiative (IDH).
Top countries offering cinnamon sticks
There are many areas in Asia growing, producing, and distributing cinnamon, including cinnamon sticks. However, just some leading countries offering cinnamon sticks are mentioned in this part for giving you the biggest picture of what is happening.
Countries offering cinnamon sticks
Countries growing Cassia cinnamon and offering a large amount of Cassia cinnamon sticks are Indonesia, China, and Vietnam while the less popular Ceylon cinnamon sticks can be primarily found in Sri Lanka. In 2019, the top exporters of Cinnamon were:
- Vietnam with $175M
- Sri Lanka with $163M
- China with $156M
- Indonesia with $149M
When it comes to the market share of those 4 countries. Vietnam still ranked first, owning a 23.4% share. This country was followed by Sri Lanka with 21.9%. China was right after with 20.9%. Finally was Indonesia with a 19.9% share. Besides the 4 major mentioned regions, there are various different countries holding a much smaller share of the whole. Some of them are India, the United States, Germany, etc. (statistics in 2019).
Reasons making those countries on top
The reasons why Vietnam, China, Indonesia, and Sri Lanka are such big cinnamon, including cinnamon sticks exporters in the world, are based on the natural conditions as well as production output
- Natural condition
Cinnamon bark, including cinnamon sticks, have to be processed and manufactured within or near the cinnamon growing areas which are mainly located in Asia countries. This is due to those countries’ favorable natural weather conditions for the growth of cinnamon which is a moist climate. More specifically, Indonesia’s climate is largely hot and humid, China has a climate of dry seasons and wet monsoons meanwhile Vietnam and Sri Lanka’s climates are tropical. That explains why cinnamon, including cinnamon sticks, are described as a “local delicacies” belonging to certain Asia countries.
- Huge production output
According to FAOSTAT of the United Nations in 2020, Indonesia, China, Vietnam, and Sri Lanka accounted for 98% of cinnamon output in the world.
Country | Tonnes |
Indonesia | 91,242 |
China | 72,531 |
Vietnam | 31,429 |
Sri Lanka | 22,910 |
Factors affecting cinnamon sticks’ wholesale price
There are two main factors affecting the wholesale price of cinnamon sticks you need to take into consideration.
- Supply and demand:
These days, the demand for cinnamon, including cinnamon sticks, is higher than the supply. The unbalanced, as a result, has caused the quite high price for cinnamon, including cinnamon sticks since 2016 (Vietnamese Ministry of Industry and Trade, 2021)
- Transportation
Cinnamon sticks are regarded as a product that is price-sensitive. Furthermore, if cinnamon sticks are purchased in bulk, the shipping fee of cinnamon in bulk can be really high, leading to the high CIF* fee.
*: CIF stands for Cost, Insurance, and Freight
Reasons why B2B businesses should trade cinnamon sticks
Wholesaling cinnamon sticks brings in significant profit since cinnamon has attracted increasing demands, big import markets all over the world as well as offering low tariffs.
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Cinnamon sticks and their endless demand
Cinnamon, including cinnamon sticks, has always been a favorable spice all over the world so far. In 2019, cinnamon ranked 962nd in the list of most traded products in the world. (total trade of $748M).
Trading cinnamon sticks is a great idea for business because cinnamon is considered one of the most wonderful multi-use spices in the world for such a long time. Some typical demands for cinnamon sticks is in the fields of cuisines, pharmacy, and cosmetics. Therefore, the firm position of cinnamon, including cinnamon sticks, seems hard to be replaced at any time due to its endless demand for many purposes.
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Cinnamon sticks’ big importers
Cinnamon products, including cinnamon sticks, have attracted a lot of big import markets such as Europe, India, the US, Mexico, Bangladesh, etc. More particularly, Europe has a large population with nearly 700 million people and India has roughly 1,3 billion. In 2019 statistics, the top importers of Cinnamon, including cinnamon sticks, were the United States (with $124M). It is followed by India with $91.1M and then Mexico with $71.9M and Bangladesh with $37.7M.
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Low tariff for importing cinnamon sticks
One big advantage of importing cinnamon sticks is due to its low tariff in several areas. For example, the cinnamon and its products offered by Vietnam (including cinnamon sticks) became duty-free after the India-ASEAN FTA (free trade area between India and ASEAN countries) was signed. In 2018, the average tariff for Cinnamon (including cinnamon sticks) was 10.1%, ranking it as the 412th lowest tariff (data by World Integrated Trade Solution (WITS).
Top 5 cinnamon sticks distributors in the world
To find reputable cinnamon sticks suppliers around the world, you should not skip this list which is appreciated by international exprerts.
99 Gold Data Processing Trading Company Limited
Country of origin: Vietnam
This is one of the Vietnamese companies offering cinnamon sticks and getting high rates. Some of the things about the company you might care about:
- High-quality products
- fast response (within 8 hours)
- clear Guarantee & compensation
- have After-sale service
Hanoi Cinnamon Factory
Country of origin: Vietnam
Hanoi Cinnamon Factory, which is established in 1996, supplies cinnamon sticks in large quantities because they have a large growing area of cinnamon in Yen Phuc, Van Quan, Lang Son – a famous cinnamon-growing province in the North of Vietnam. So, each year, Hanoi Cinnamon factory can supply any amount of Cassia cinnamon ticks that adapt to all customers’ requirements.
Contact Hanoi Cinnamon Factory for the best WHOLESALE PRICE via:
Phone: +84961504190 (Whatsapp Available)
Website: hncinnamon.com
Email: hanoicinnamon1@gmail.com
Bumi Indonesia Subur
Country of origin: Indonesia
This is an Indonesian company selling cinnamon sticks.
- The company has got high rates on the website go4worldbusiness.com.
- They will deliver the cinnamon sticks in the following packaging with your own brand
Lak Cinnamon Planters & Exporters
Country of origin: Sri Lanka
This is a famous Sri Lanka cinnamon exporter. They offer high-quality Ceylon sticks cinnamon, which is the leading type of Sri Lanka cinnamon, to international markets. Their products’ price is also relevant to their quality. If you want to find a Ceylon cinnamon sticks supplier, you should not forget this supplier.
M.K. International
Country of origin: India
This is an Indian company offering cinnamon sticks in the products’ range. Below are some of their strengths:
- Work with partner companies from many other regions such as the USA, Russia, Fiji Islands, Vietnam, and the Middle East for years.
- Export the product in private labeling and consumer packs to departmental stores.
- High purity of products and quality packing.
- Flexible in prices, Delivery & payment terms, and other conditions.