Learn the benefits, buying strategies, and industry insights to spice up your wholesale business and delight your customers. Unlock the potential of ground cinnamon in bulk and elevate your sales to new heights.
Table of contents
- 1. General information about ground cinnamon in bulk
- 2. Markets for ground cinnamon in bulk
- 3. Prices for various types of ground cinnamon in bulk are currently available
- 4. Ways for wholesalers to find reliable ground cinnamon in bulk suppliers
- 5. The international market potential for ground cinnamon in bulk
General information about ground cinnamon in bulk
Ground cinnamon in bulk is made from finely ground cinnamon bark, and the cinnamon bark needs to be peeled to remove the outer layer. Ground cinnamon in bulk is commonly produced in Indonesia, China, and Vietnam.
Characteristics of ground cinnamon in bulk
Ground cinnamon in bulk, also known as packaged cinnamon powder in large quantities, has the following characteristics:
- Quantity: Ground cinnamon in bulk is typically available in larger quantities, allowing wholesalers to purchase and sell in large volumes. This makes it ideal for businesses looking to meet the demands of their customers or scale up their operations. Therefore, ground cinnamon in bulk is more cost-effective. Wholesalers can benefit from lower unit costs, enabling them to offer competitive pricing to their customers while maintaining healthy profit margins.
- Color: Cinnamon powder has a dark brown color, which may vary depending on the type of cinnamon and the processing methods used.
- Flavor: Ground cinnamon in bulk has the characteristic aroma of cinnamon, with a warm and sweet taste. This flavor can create warmth and harmony in various dishes.
- Common uses: Cinnamon powder is widely used as a spice in cooking, as a medicinal herb with properties such as heat, antibacterial, and anti-inflammatory effects, as a fragrance ingredient in cosmetics production, and it can also be used for decoration in floral design and natural decorations.
- Preservation properties: Ground cinnamon in bulk is typically tightly packaged to protect it from light, moisture, and loss of aroma. Storing it in a dry, cool place, out of reach of children, will help preserve its flavor and quality for an extended period.
A classification of the various types of ground cinnamon in bulk currently available on the market
Ground cinnamon in bulk is sourced from various countries around the world, each offering distinct flavors and characteristics. Here is a classification of the different types of ground cinnamon in bulk available on the market based on country of origin:
- Ceylon cinnamon powder (Sri Lanka): Ceylon cinnamon, also known as “true cinnamon,” is highly prized for its delicate and complex flavor. Ground cinnamon in bulk has a sweet and subtle taste with citrusy undertones. Ceylon cinnamon is often considered the highest quality cinnamon and is sought after by those looking for a more refined and milder flavor profile.
- Cassia cinnamon powder (Indonesia, China, Vietnam): The cassia cinnamon is the most commonly available type of cinnamon and is often used interchangeably with “cinnamon” in many recipes. It has a stronger and more robust flavor compared to Ceylon cinnamon, with a slightly spicy and woody taste. Cassia cinnamon is known for its rich aroma and is often preferred for bolder and more robust flavor profiles.
- Korintje cinnamon powder (Indonesia): Korintje cinnamon is a type of cassia cinnamon that originates from Indonesia. It is known for its reddish-brown color and sweet, warm, and slightly spicy flavor. Korintje cinnamon is commonly used in baking and cooking and is a popular choice for its affordability and versatile flavor profile.
- Chinese cinnamon powder (China): Chinese cinnamon, also known as Chinese cassia, is another variety of cassia cinnamon. It has a similar flavor profile to Indonesian cassia cinnamon, with a strong and spicy taste. Chinese cinnamon is often used in traditional Chinese cuisine and is known for its distinct aroma and robust flavor.
These are some of the most prominent types of ground cinnamon in bulk available on the market classified by their country of origin. Each type offers unique flavor profiles, allowing wholesalers to cater to the different preferences and culinary needs of their customers.
Markets for ground cinnamon in bulk
Below is an analysis of the market information on ground cinnamon based on the supply markets, demand markets, and current import procedures in the market.
The market situation for the supply of ground cinnamon in bulk
The supply characteristics of ground cinnamon in bulk are analyzed based on the major exporting countries, the wholesale export prices of ground cinnamon, and how the policies of these countries impact the supply of ground cinnamon.
- According to statistical data from the Food and Agriculture Organization (FAO), the following countries are major exporters of ground cinnamon in bulk: Indonesia, China, and Vietnam. In 2020, Indonesia exported approximately 91,000 tons of ground cinnamon, accounting for about 34% of the total global export volume. China is also one of the significant leading cinnamon exporters of ground cinnamon in bulk. In 2020, China exported around 46,000 tons of ground cinnamon, equivalent to about 17% of the total global export volume. Vietnam is a notable exporter of ground cinnamon, especially Sa Pa and Cao Bang cinnamon. In 2020, Vietnam exported approximately 30,000 tons of ground cinnamon, representing about 11% of the total global export volume.
- The wholesale price of ground cinnamon can be significantly influenced by major exporting countries like Indonesia, China, and Vietnam. When these countries have a good harvest and high production, there is a tendency for increased supply and price competition, which can lead to price pressure on ground cinnamon in bulk products from other competing countries.
- The policies of major ground cinnamon in bulk exporters can affect supply. Export restrictions, import regulations, trade agreements, and agricultural policies by these countries can affect global ground cinnamon availability and volume. For instance, limiting ground cinnamon exports or imposing high export tariffs can reduce global supply. Cinnamon-producing countries may increase supply.
Analysis of the global demand for ground cinnamon in bulk
Below is an analysis of the global demand for ground cinnamon based on countries that import a significant amount of ground cinnamon, the influence of these countries on the price of ground cinnamon worldwide, and the impact of the import policies of major ground cinnamon-importing countries on its price.
- Ground cinnamon in bulk importers dominates this market. Ground cinnamon is consumed in the US, Germany, Japan, and the UK, according to FAO data. The FAO says the US imports the most ground cinnamon. The US imported 29,000 tons of ground cinnamon in 2020, 11% of global imports. Germany also uses ground cinnamon. Germany imported 18,000 tons of ground cinnamon in 2020, 7% of global imports, according to FAO data. Asia’s ground cinnamon market is in Japan. Japan imported 12,000 tons of ground cinnamon in 2020, 5% of global imports. Finally, the UK imports a lot of ground cinnamon. The UK imported 10,000 tons of ground cinnamon in 2020, 4% of global imports.
- Major ground cinnamon in bulk importers can affect wholesale prices. Ground cinnamon imports from high-consumption countries like the US, Germany, Japan, and the UK can affect market supply and demand. These countries’ demand or import policies can affect the global ground cinnamon market and wholesale prices. These major importers may drive up prices due to supply constraints or reliable cinnamon powder supplier competition.
- Major ground cinnamon importers’ policies can affect its price. These countries’ tariffs, quotas, and trade restrictions can affect global ground cinnamon supply and demand. If a major importer raises ground cinnamon tariffs or regulations, importers and consumers may pay more. Ground cinnamon prices may drop if import policies are relaxed.
Prices for various types of ground cinnamon in bulk are currently available
Below are the current average prices of various types of ground cinnamon in bulk worldwide, as well as the market’s price fluctuations for wholesale ground cinnamon.
The current bulk prices of ground cinnamon in bulk in the world
Here is a reference price list for wholesale ground cinnamon worldwide. Wholesalers can consider the table of ground cinnamon prices:
Kind of cinnamon ground in bulk | Price (USD/MT) |
Vietnamese cinnamon ground in bulk | 5217-6522 |
Indonesian cinnamon ground in bulk | 4521 – 5023 |
Chinese cinnamon ground in bulk | 3896 – 5600 |
However, the prices of ground cinnamon in bulk are subject to daily fluctuations and are influenced by various factors. Wholesalers should directly contact ground cinnamon suppliers for detailed and up-to-date pricing information.
Price fluctuations in the bulk market for ground cinnamon
Price fluctuations in the bulk market for ground cinnamon in bulk can be influenced by various factors. Some of the key factors that can contribute to price fluctuations include:
- Supply and Demand: Changes in the global supply and demand for ground cinnamon can affect its price. Factors such as weather conditions, crop yields, and market demand can cause fluctuations in supply and demand, thereby impacting wholesale price of cinnamon.
- Harvesting and Production Costs: The cost of harvesting and processing cinnamon can vary based on factors such as labor costs, transportation expenses, and production techniques. Any changes in these costs can impact the overall price of ground cinnamon in bulk.
- Exchange Rates: Currencies fluctuate in value, and changes in exchange rates can influence the price of imported ground cinnamon. If the currency of a cinnamon-producing country weakens against the buyer’s currency, it may result in higher prices of ground cinnamon in bulk.
- Market Speculation: Speculation and investor sentiment can also affect commodity prices, including ground cinnamon. Speculators and traders in the commodity markets may anticipate future supply and demand dynamics, leading to price fluctuations.
- Quality and Grade: Different grades and qualities of ground cinnamon in bulk can have varying price points. Premium or organic cinnamon may command a higher price compared to lower-grade varieties.
It’s important to note that these factors interact with each other and can vary over time, leading to price fluctuations in the bulk market for ground cinnamon. Monitoring market trends, staying informed about supply and demand dynamics, and working with reliable suppliers can help wholesalers navigate price fluctuations and make informed decisions.
Ways for wholesalers to find reliable ground cinnamon in bulk suppliers
Wholesalers can employ several strategies to find reliable suppliers for ground cinnamon in bulk. Here are some ways to accomplish this:
- Research and Referrals: Conduct thorough research on potential suppliers by exploring online directories, industry forums, and trade publications. Seek recommendations from other industry professionals or colleagues who have experience with bulk cinnamon suppliers.
- Supplier Verification: Verify the supplier’s credentials, such as certifications, licenses, and compliance with quality and safety standards. Look for suppliers who have a strong reputation and a track record of delivering high-quality products.
- Supplier Assessment: Assess the ground cinnamon in bulk supplier’s capabilities, including their production capacity, storage facilities, and logistical capabilities. Evaluate their ability to consistently meet your volume and delivery requirements.
- Sample Testing: Request samples of ground cinnamon from potential suppliers to evaluate their quality, flavor, and aroma. This allows you to assess the product firsthand before committing to a bulk purchase.
- Transparent Communication: Engage in open and transparent communication with potential ground cinnamon in bulk suppliers. Discuss your specific needs, product specifications, pricing, and any other relevant terms and conditions. Clear communication helps establish a mutual understanding and builds trust.
- Long-Term Relationships: Cultivate long-term relationships with reliable suppliers by maintaining open lines of communication, providing feedback, and demonstrating loyalty. Building strong partnerships can lead to better pricing, consistent supply, and improved support.
It’s crucial for wholesalers to invest time and effort in supplier selection to ensure a reliable and consistent supply of ground cinnamon in bulk. By following these steps, wholesalers can identify trustworthy suppliers who meet their quality, quantity, and delivery requirements.
The international market potential for ground cinnamon in bulk
The international market potential for ground cinnamon in bulk is significant. Ground cinnamon is a highly sought-after spice with a wide range of applications in various cuisines and industries worldwide. Its aromatic flavor and versatility make it a popular ingredient in baking, cooking, beverages, and confectionery.
The demand for ground cinnamon in bulk continues to grow due to increasing consumer interest in natural and exotic flavors. As globalization expands and culinary boundaries are pushed, ground cinnamon has gained popularity in diverse regions, creating opportunities for bulk exports.
Countries with rich culinary traditions, as well as those valuing traditional medicine and herbal remedies, offer a strong market potential for ground cinnamon. These markets appreciate the unique flavors and potential health benefits that cinnamon brings to their dishes and products.
To tap into the international market potential for ground cinnamon in bulk, it is crucial for exporters to maintain product quality, adhere to international food safety standards, and establish reliable supply chains. Understanding regional preferences, market trends, and regulations can help businesses effectively penetrate new markets and expand their reach.