Cinnamon powder is one of the most prominent cinnamon products in the wholesale market and stepping into this field now becomes the target of any ambitious spice trader.
Table of contents
Cinnamon powder: The overview
Grabbing general and fundamental knowledge about cinnamon powder plays an important role in taking advantage of the spice in terms of healthcare, cooking, and especially economics.
Features of standard cinnamon powder
The list below shows the indexes of high-quality cinnamon powder, which are applied by main cinnamon importers.
- Moisture: 12% – 13.5%
- Essential oil: 2 – 4%
- 80-100 mesh or 100-120 mesh
- PP bag/PET jar or as customized depend on buyers’ requirements
Maintaining these indexes helps to protect powdered cinnamon products from being damaged.
Main types of cinnamon powder
The two types of cinnamon powder, which are most popularly traded in the market currently, are Cassia cinnamon and Ceylon. They vary in their colors, flavors, and distribution locations.
- Ceylon cinnamon powder: This cinnamon is produced from Cinnamomum evergreens, almost exclusively cultivated in Sri Lanka. It has a light tan color with an earthy, light, and sweet taste. Besides, a bright citrus note is considered a unique feature of Ceylon powder. The source of Ceylon cinnamon is rarer than the Cassia due mainly to its manual cultivation. As a result, the price of Ceylon powdered cinnamon is much higher, from $6,000 to $10,000 per ton.
- Cassia cinnamon powder: Manufactured from Cinnamomum Cassia tree. This type of powder impresses customers with its stronger and spicier taste. Its color is often brown or orange-brown, a bit darker than its counterpart. Cassia cinnamon powder is mainly cultivated and exported by countries in Asia such as Vietnam, Indonesia, and China. Due to stable production and unique flavor, it is quite easy to find Cassia powder in the market. As a result, its cinnamon wholesale price range is lower as well, from $5,217 to $6,522 per ton.
Cinnamon powder: Main exporters and importers
Grabbing the map of cinnamon powder exporters and importers is the very first and fundamental step once traders step into this market.
Main importers
Recent years have seen a significant rise in the demand for buying cinnamon powder in bulk. In the course of 10 years, from 2010 to 2019, the export value of global cinnamon increased almost three times, from 258 to 748 million dollars. According to OEC, in 2019, the United States became the biggest cinnamon importer with over 124 million dollars in import value (about 16% of the global fingers), including powdered cinnamon. It was followed by India with 90 million dollars and countries in the Middle East.
Main exporters
The majority of cinnamon powder wholesalers on the market are from Asian countries. With the ideal moist, favorable climate and well-drained soil, cinnamon evergreens are able to adapt and grow really quickly in these areas. In 2020, Indonesia, China, Vietnam were accredited to be the biggest cinnamon exporters in the world.
- In 2020, Indonesia was reported to have the largest cinnamon output – about 91,000 tonnes. One of the key reasons for that lies in the close trade relations with the US.
- China was reported to be the second-largest producer of powdered cinnamon in bulk as well as a various number of cinnamon products with 72,000 tons in production in 2020. Nevertheless, the export value is quite humble due mainly to its huge domestic demand. The taste of Chinese cinnamon is described to be more bitter, compared to that of Indonesian and Vietnamese. The main cultivation locations are Guangdong, Guangxi, Yunnan, and Fujian.
- The third-biggest cinnamon producer in 2019 was Vietnam with more than 31,000 tons. Contrary to China, Vietnam is considered a competitive Cassia cinnamon exporter in the world. In a report of OEC, in 2019, Vietnam was the largest one, making up for about a quarter of global cinnamon export revenue. That is firm evidence to prove the enormous trust and love from wholesale customers to Vietnamese cinnamon, including cinnamon powder.
To receive that huge reputation, Vietnamese cinnamon powder needs to equip itself with a unique taste. To compare Vietnamese cinnamon and Ceylon, it has a more intense aroma, but milder taste, compared to Chinese cinnamon. The quality of cinnamon powder in this nation is really impressive mostly thanks to favorable climate and soil conditions. Besides, the rising number of bilateral and multi-bilateral agreements is also of key importance to the development of the cinnamon industry in Vietnam.
Cinnamon powder: Tremendous benefits
The fluctuations of cinnamon powder market price are often caused by several natural as well as socio-economic factors below.
- Abundant supply: From 2019 to 2020, the export volume of cinnamon products experienced an impressive rise by nearly 35% (according to statistics of the World’s Top Exports). Therefore, powdered cinnamon traders and wholesalers can be positive about the development of this promising industry, as well as its high level of stability.
- Huge demand: In 2019, the world’s import value of cinnamon increased by 30%, from 748 million dollars to 587 million dollars. That firmly proves the fact that cinnamon powder has always been a sustainable option for spice traders and obviously the demand for it will keep growing.
- Unexpected incidents: During the course of 3 years, from 2019 to 2022, the global economy has been terribly affected by the outbreak of Covid-19. This pandemic has disrupted transportation as well as shipments. It also forces lots of countries to close their borders, practice social distancing, etc. As a result, cinnamon traders need to notice and anticipate undesirable events.
- Supportive governmental policies: Essential endorsement for the export of powdered cinnamon in bulk can be provided by governments by using financial policies or trade agreements. For instance, in August 2020, EUFTA (the EU – Vietnam Free Trade Agreement) took effect, which has really facilitated the export of Vietnamese cinnamon to European countries by eliminating 99% of tariffs.
Therefore, traders must keep in mind the information above when stepping into this market. It has huge potential but there are always unpredictable events, so this knowledge will help you to accordingly adjust their plans and avoid risks.
The list of well-known cinnamon powder suppliers
This short but really useful list of 3 high-quality cinnamon suppliers in Vietnam, China, and Indonesia will help businesses interested in trading cinnamon powder.
Viet Agri Wholesale
This trustworthy cinnamon powder factory has more than 25 years of experience in trading cinnamon products in bulk, especially powdered cinnamon. Viet Agri Wholesale is accredited for its dedicating customer service and experienced staff. Its organic products are of good quality at a really affordable price.
CONTACT US NOW FOR THE BEST OFFER:
- Phone: +84961504190 (Whatsapp Available)
- Website: vietnamesecinnamon84.com
- Email:
Rempah Sari
Rempah Sari is a prestigious Indonesian cinnamon exporter. The company’s key product is Cassia cinnamon. Besides trading powdered cinnamon in bulk, the company provides a diverse product range, whose quality is praised and proved by international customers.
Jining Sunagro Trade
Jining Sunagro Trade is one of the largest Chinese cinnamon suppliers. Its cinnamon quality is guaranteed by lots of quality certificates such as ETI and GRASP. These trustworthy evaluations are applied to the entire manufacturing process, from cultivating to processing and packaging.
Conclusion
Above is the most crucial and fundamental information about cinnamon powder. If you have a question, please feel free to contact us through the website https://hncinnamon.com/ or phone number +84961504190 (Available on Whatsapp).