Discover the aromatic allure of Vietnamese cinnamon, a spice that tantalizes the senses with its rich, sweet flavor and warm, woody notes, making it a must-have in every kitchen. If you’re interested in exploring the possibility of trading Vietnamese cinnamon and looking for information on where to find suppliers, this article can provide you with the necessary information.
Table of contents
The overall look on Vietnamese cinnamon
Firstly, we are going to answer that question “what is Vietnamese cinnamon?”.
The original of Vietnamese cinnamon
Vietnamese cinnamon is a type of cinnamon that comes from the bark of trees belonging to the Cinnamomum loureiroi species. This species is native to Vietnam and the highest quality cinnamon is typically sourced from the Vietnamese provinces of Yen Bai and Quang Nam.
Significant characteristics of cinnamon from Vietnam
Vietnamese cinnamon distinguishes itself from other forms of cinnamon by having a unique cinnamon characteristics, flavor, and aroma.
- Appearance: The bark of Vietnamese cinnamon is thick and dark brown, with deep, wide ridges and a rough, scaly texture. The inner bark has a reddish-brown color and is thinner and more delicate than the outer bark.
- Taste: Vietnamese cinnamon has a warm, spicily sweet flavor with a hint of bitterness. It has a lasting, sweet and savory flavor and is richer and more robust than other varieties of cinnamon.
- Aroma: Vietnamese cinnamon has a rich, overpowering perfume that is evocative of clove and nutmeg. It is sweet and spicy. Its aroma can fill a space with a pleasant, comforting feeling.
| Moisture | 13 – 14% max |
| Oil content | 5% |
| Length | 8 – 15cm |
| Skin thickness | 2 – 3.5 mm |
Growing areas and large quantity of Vietnamese cinnamon
The General Department of Forestry has reported that Vietnam has a cinnamon cultivation area of approximately 170,000 hectares. The provinces with the most extensive cinnamon cultivation are Lao Cai (53.3 thousand ha), Yen Bai (81 thousand ha), and Quang Nam (around 15 thousand ha), comprising about 70% of the country’s cinnamon cultivation area. The yearly quantity of cinnamon bark reserves is estimated to be between 900 thousand to 1.2 million tons. On average, the cinnamon production yields around 70 to 80 thousand tons annually.
Recent data suggests a high demand for Vietnamese cinnamon, making it a potentially profitable investment for wholesalers seeking to purchase the product.
Various health benefits of Vietnamese cinnamon
Cinnamon in Vietnam has a range of potential health benefits, thanks to its high concentration of antioxidants and anti-inflammatory compounds. Here are some of the benefits associated with consuming cinnamon from Vietnam:
- Reduces inflammation: Cinnamon Vietnamese contains cinnamaldehyde, a compound that has been shown to have anti-inflammatory properties. This makes it a potentially useful dietary supplement for individuals with conditions that involve chronic inflammation, such as arthritis.
- Regulates blood sugar levels: Studies have shown that consuming Vietnamese cinnamon can help regulate blood sugar levels by improving insulin sensitivity. This makes it a promising natural treatment option for individuals with type 2 diabetes.
- Improves heart health: Cinnamon in Vietnamese may have beneficial effects on heart health by reducing blood pressure and cholesterol levels. It also has antioxidant properties that can help protect the heart against oxidative stress.
- Boosts brain function: Some research suggests that the compounds found in Vietnam cinnamon may have neuroprotective effects and could help improve cognitive function in individuals with Alzheimer’s disease.
- Fights infections: The cinnamaldehyde found in Vietnam cinnamon has been shown to have antimicrobial properties, which means it may be useful in fighting bacterial and fungal infections.
As a result, Vietnam cinnamon is intensively sought-after all over the world. Wholesalers can take advantage of trading cinnamon Vietnamese for great revenue.
Read more to understand about the difference between Vietnamese cinnamon and regular cinnamon
Vietnamese cinnamon vs regular cinnamon
The developed potential when importing Vietnamese cinnamon
There are several reasons why importing Vietnam cinnamon can lead to significant profits. These have made it an attractive product for importers, with the potential for significant profits:
- Long-standing reputation: One of the best-known and most expensive varieties of cinnamon in the world is Vietnamese cinnamon, which has a longstanding reputation for excellence. Its reputation as a healthy spice comes from its distinctive flavor and scent as well as its high content of cinnamaldehyde, a substance with antibacterial and anti-inflammatory qualities.
- Minor fluctuations in the pricing of the cinnamon industry: Unlike other commodities, Vietnam cinnamon is not subject to seasonal harvesting pressures. When prices are low, farmers do not need to harvest immediately, as the cinnamon tree continues to grow and the next crop can be harvested later. As a result, the price of Vietnam cinnamon tends to be relatively stable, with only small variations in price.
- Government support: Vietnamese government of Agriculture industry has participated in various bilateral and multilateral trade agreements such as the ASEAN Free Trade Area (AFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the EU-Vietnam Free Trade Agreement (EVFTA). These agreements may provide importers with advantageous tariff rates and other trade perks for importing Vietnamese cinnamon.
- Efficient transportation: Vietnam has a strong transportation system that includes interconnected ports, highways, and railways, facilitating seamless transportation of cinnamon in Vietnam to export ports. This ensures timely and cost-efficient delivery of the spice to its destination.
- Low tax: Vietnam’s trade agreements and treaties with various nations may result in low or zero import taxes on cinnamon in Vietnam in these markets. This can provide cost advantages for cinnamon importers, enabling them to offer the spice at a competitive price in their local markets.
Average price of Vietnamese cinnamon
The price of cinnamon in Vietnam is one of the most concerns of cinnamon wholesalers. Let’s get deeper into the expenses and some factors that affect the price.
Referral price of Vietnamese cinnamon
|
Vietnamese cinnamon products |
Price FOB ( $/MT ) |
| Sticks | 4780 – 6200 |
| Powder | 4230 – 5310 |
| Broken | 2830 – 3440 |
| Split | 3340 – 3980 |
| Cigarette | 5150 – 6320 |
The average wholesale price of Vietnamese cinnamon ranges from $2830 to $6320 per metric ton, as reflected in the data table of product prices. Importing broken cinnamon offers a cost-effective opportunity, as any broken sticks that occur during processing can be collected and sold at a reduced price. Cinnamon sticks and powder are the most widely exported and sought after products due to their versatility usage. Compared to other cinnamon wholesale prices, Vietnamese cinnamon price is quite affordable.
Factors influence the price of Vietnamese cinnamon
Several factors can influence the price of cinnamon in Vietnamese, including government policy, transportation costs, economic conditions and political stability:
- Government policies: Government policies and regulations regarding trade, taxes, and production can impact the price of cinnamon from Vietnam. Recently, many governments in cinnamon-importing countries have implemented policies to support Vietnam cinnamon importing and trading, which can reduce the prices.
- Transportation costs: The cost of transporting Vietnamese cinnamon from the production areas to export ports can also impact the price of the spice. Longer distance requires higher transportation cost and versace. Changes in transportation costs, such as fuel prices or infrastructure maintenance fees, can increase the price of cinnamon for buyers also.
- Economic conditions: The economic status of the importing countries can also affect the price of Vietnamese cinnamon. Changes in economic conditions, such as inflation, currency exchange can impact consumer demand for the spice, which can then affect the price.
- Political stability: The political stability of the importing countries can also influence the price of Vietnam cinnamon. Political turmoil or instability can disrupt trade and impact the price of cinnamon from Vietnam.
All about reliable Vietnamese cinnamon suppliers
Any company interested in selling Vietnamese cinnamon needs to have a thorough understanding of the country’s suppliers. We have information about trustworthy and dishonest suppliers that might help you to better comprehend this.
Types of cinnamon suppliers in Vietnam
There are two sorts of supplier of Vietnamese cinnamon, suppliers from material areas and wholesalers:
- Local suppliers: Vietnam cinnamon suppliers who have their own sources of raw materials, produce and export the product themselves are known as local suppliers. This indicates that their supply is abundant and stable, with no interruptions or disruptions. This can be advantageous for importers who desire greater control and reduced costs.
- Wholesalers: Cinnamon in Vietnam wholesalers purchase in large quantities from suppliers or manufacturers and then sell to retailers and other customers. They assist in the distribution process, providing benefits such as transparency, pricing, and support for the local community.
Signs of scam Vietnamese cinnamon supplier
There has been a rise in fraudulent activities in the cinnamon industry recently. A fake supplier can be recognized by certain distinct characteristics:
- Lack of representative office or business address in the host country
- Lack of information about the raw material area and production plant
- The cost of Vietnamese cinnamon appears too cheap and unusual
- Lack of certifications such as ISO, USDA Organic , and HACCP
- Poor customer service
Some famous Vietnamese cinnamon suppliers you can refer to
Below are top 5 reliable Vietnam cinnamon suppliers that you can consider to co-work with.
- Hanoi Cinnamon: Vietnamese cinnamon is exported by Hanoi Cinnamon for wholesale costs ranging from $2,200 to $4,500 per ton. The company has a reputation for producing high-quality products and was an early adopter of exporting agricultural products. They are now a major force in the agricultural sector, offering distributors products at costs that are both affordable and profitable.
- Vina Samex: Vina Samex has been exporting Vietnam cinnamon for more than 20 years. They obtain their cinnamon from farmers in the Mekong Delta and employ stringent quality control procedures to guarantee the superiority of their goods. They have access to premium cinnamon because to their well-established network of farmers and suppliers in Vietnam. They have a thorough quality control procedure in place and are dedicated to upholding international standards.
- Nghi Son Foods Group: Another significant exporter of Vietnamese cinnamon is Nghi Son Foods, which has skilled personnel dedicated to providing high-quality products. They have a sizable global presence, a wealth of expertise working with clients from all over the world, as well as a staff of professionals who are well knowledgeable about Vietnamese cinnamon and the spice business. They also have a strict quality control system in place to make sure that all international standards are satisfied.
- Agrideco Vietnam Co.Ltd: Agrideco Vietnam takes great pride in their commitment to sustainability and morality practices. They work closely with the farmer community to ensure that their cinnamon is grown and harvested in a way that respects the environment and supports the local economy. This company also offers fair prices and fair labor practices for their workers, ensuring that everyone taking part in the production of cinnamon from Vietnam is treated with dignity and respect.
- K-Agriculture: K-Agriculture is a famous company that was founded in 1996 with a focus on producing and shipping Vietnamese cinnamon to various parts of the globe. With over two decades of experience, this company has exported to more than 80 countries worldwide. In addition, K-Agriculture boasts a modern manufacturing facility that can offer different cinnamon varieties based on the preferences of their clients.
