Saigon cinnamon has gained a notable standing in the cinnamon industry. However, have you ever considered the impressive profitability and revenue generated by ground Saigon cinnamon? This article endeavors to reveal the answer to this intriguing question.
Table of contents
1. Discover what is ground Saigon cinnamon
This first part will provide the concept and basic features of Saigon ground cinnamon that it is needed to understand obviously.
1.1. Unique characteristics of ground Saigon cinnamon
The majority of this Saigon cinnamon form is derived from the bark of the cinnamon tree, although a portion of ground cinnamon is also produced using cinnamon leaves:
Bark-based Saigon ground cinnamon | Leaf-based Saigon ground cinnamon | |
Color | Reddish-brown | Greenish-brown |
Flavor | Intense sweet and spicy taste with a peppery undertone | Gentler and slightly herbal |
Fragrance | Aromatic warmth and fragrance | Light and flowery |
Oil level | 2% to 3% | 1% to 2% |
Moisture | 12% | 8% |
Coumarin | Higher | Lower |
The bark-derived ground Saigon cinnamon has a reddish-brown hue, an intense spicy and sweet taste, and a warm aromatic scent. It has a high oil content (2%-3%), as well as an elevated moisture level (12%). Saigon ground cinnamon derived from leaves, on the other hand, has a greenish-brown appearance, a softer herbaceous flavor, and a fresh flowery scent. It has a reduced oil content (0.5% to 1.5%), a higher level of moisture (8%), and a lower coumarin concentration. Saigon ground cinnamon is also referred to as Vietnam cinnamon powder.
1.2. Ways to store and maintain ground Saigon cinnamon
Here are some guidelines on how to effectively preserve and store ground Saigon cinnamon:
- Use an airtight container.
- Keep it away from heat, light, and moisture.
- Seal it tightly after each use.
- Label and date the container.
- Avoid storing it near the stove.
- Check for freshness periodically.
By following these storage guidelines, you can help preserve the flavor, aroma, and quality of your Saigon ground cinnamon for an extended period.
1.3. Cultivation areas and yield of ground Saigon cinnamon
The production of Saigon ground cinnamon is not as widespread as other forms of cinnamon due to its higher cost and the need for strict standards and complex processes. Nevertheless, Yen Bai and Quang Nam provinces are the main regions known for extensive production of ground Saigon cinnamon, with an estimated annual stock of thousands of tons.
1.4. Various beneficial uses of ground Saigon cinnamon
Saigon ground cinnamon offers a variety of benefits, including flavor enhancement in cooking, potential health advantages, and its usefulness as a livestock feed in certain regions
- Culinary versatility: It adds a distinctive and flavorful element to a wide range of dishes, both sweet and savory. It can enhance baked goods, spiced beverages, curries, stews, marinades, and rubs, making it a versatile ingredient.
- Health benefits of ground Saigon cinnamon: Saigon ground cinnamon contains antioxidants and may possess potential anti-inflammatory properties. Additionally, it has been suggested to aid in regulating blood sugar levels.
- Livestock fodder: In certain countries with cold climates, low-quality or surplus cinnamon powder is imported specifically for use as animal feed. It is believed to help keep livestock warm during colder seasons.
2. The potential for purchasing ground Saigon cinnamon
Trading Saigon ground cinnamon has a high profit margin, making it a desirable product for importers. There are several reasons for its profitability, all of which add to its attraction and the likelihood of significant earnings:
- Durable standing: Saigon cinnamon is esteemed around the world for its great flavor, enticing perfume, and high content of cinnamaldehyde, which may provide health advantages. Thus, importing ground Saigon cinnamon would gain huge profits.
- Government assistance: Government assistance in agriculture through trade agreements gives importers of Saigon cinnamon with preferential rates of tariffs, potentially resulting in lower or nil import taxes and allowing them to provide affordable costs in the markets they supply.
- Convenient transit: Vietnam’s extensive transportation network allows for the seamless and rapid distribution of cinnamon both domestically and internationally, supporting cost-effective logistics.
3. The typical cost of ground Saigon cinnamon
Cinnamon wholesalers are concerned about the selling price of Saigon ground cinnamon. In this topic, we will look at the costs and the numerous aspects that determine the pricing.
3.1. Estimated price for ground Saigon cinnamon
Wholesale price | $1460 to $4650 per ton |
Retail price | $2950 to $9900 per ton |
Export price | $950 to $4340 per ton |
Reported by the ground cinnamon in bulk, wholesale pricing for ground Saigon cinnamon is usually lower than retail rates. Wholesalers purchase huge amounts of the goods and distribute it to retailers, who then sell it to customers. Export pricing, in contrast, could vary from wholesale and retail costs owing to the extra costs connected with international trade such as tariffs, transport costs, and custom charges. Furthermore, powder is often believed to be priced higher than other types of cinnamon.
3.2. Factors affect the cost of ground Saigon cinnamon
Government policies, transportation expenses, and political and economic stability all have an impact on the price of Saigon ground cinnamon:
- Government policies influence prices through trade rules and tariffs, with some countries enacting policies to encourage cinnamon import and commerce.
- Transportation costs, which are influenced by distance, logistics issues, and fluctuating expenses such as the cost of gasoline and upkeep of infrastructure fees, all contribute to ground Saigon cinnamon pricing changes.
- In importing countries, variables like price inflation, exchange rates for currencies, consumer demand, political unrest, and trade disruptions all have an impact on costs.
4. Further details on dependable ground Saigon cinnamon suppliers
Knowing who to trust and who to avoid while looking for Saigon ground cinnamon is critical when companies are interested in trading it. We have compiled information to assist you in making educated judgments about suppliers.
4.1. Ground Saigon cinnamon suppliers is classified into two main types
There are two types of Saigon ground cinnamon providers: local suppliers and wholesalers:
- Local vendors: Local suppliers possess their very own raw material sources and manufacturing facilities, providing a consistent supply alongside control and significant cost advantages for importers.
- Wholesalers: Wholesalers distribute big amounts of ground Saigon cinnamon to merchants and customers, offering advantages such as honesty, affordable prices, and assistance from the community.
4.2. Significant signs of scams ground Saigon cinnamon supplier
Here are some significant signs to watch out for when dealing with a potential scam involving a Saigon ground cinnamon supplier:
- Unrealistically low prices.
- Lack of proper certification or documentation.
- Poor quality or inconsistent product.
- Limited or evasive communication.
- Unreliable payment methods or requests for upfront payment.
- Negative reviews or lack of credible references.
It’s important to exercise caution and due diligence when dealing with ground Saigon cinnamon suppliers to avoid falling victim to scams. Verify the legitimacy and credibility through careful research and by seeking recommendations from trusted sources to find reputable cinnamon powder supplier.
4.3. Trustworthy ground Saigon cinnamon suppliers you should know
Following are the top five reliable Saigon cinnamon suppliers with whom you might consider collaborating:
- Hanoi Cinnamon: Hanoi Cinnamon is a well-known manufacturer of Saigon ground cinnamon, with reasonable wholesale prices. They have established themselves as a prominent participant in the business due to their devotion to high-quality goods as well as their early breakthrough into the agriculture export market. Because of their competitive pricing tactics, cooperating with Hanoi Cinnamon can result in large profits for distributors.
- Vina Samex: With nearly a decade of expertise in the sector, Vina Samex is a professional supplier of ground Saigon cinnamon. They acquire cinnamon from Mekong Delta farmers and achieve high quality standards through stringent quality control techniques. They have the ability to obtain premium-grade cinnamon because of their extensive network among producers and vendors in Vietnam. Vina Samex is dedicated to fulfilling worldwide standards and thorough quality control.
- Nghi Son Foods Group: Nghi Son Foods Group is a top exporter of Saigon ground cinnamon, and they are well-known for their dedication to supplying high-quality products. They have an extensive global presence and seasoned personnel who have a plethora of experience serving clients all around the world. Their staff consists of skilled Saigon cinnamon and spice business specialists. Nghi Son Foods Company also has a comprehensive quality control system in place to ensure compliance with international standards.
- Agrideco Vietnam Co., Ltd. Agrideco Vietnam prioritizes sustainability and ethical ideals, and they value their dedication to these methods. They actively work with the farming community to grow and consume cinnamon in a way that is sustainable, while also fostering local economic development. Furthermore, Agrideco Vietnam is committed to fair pricing and labor policies, ensuring the safety and respect of all those involved in the manufacturing of ground Saigon cinnamon.
- K-Agriculture: Founded in 1996, K-Agriculture is a well-known firm that specializes in the manufacturing and distribution of Saigon ground cinnamon to a variety of global locations. They have successfully provided cinnamon to over 80 nations globally in their over twenty years of experience. The company takes satisfaction with its cutting-edge manufacturing facilities, which is capable of producing several types of cinnamon according to its consumers’ unique needs.