Vietnamese cinnamon powder has established a reputation for the cinnamon industry. Nevertheless, were you aware of the profitability and revenue generated by Vietnamese cinnamon powder, a highly sought-after variant of this spice? This article aims to unveil the answer for you, give information about characteristics, classification
Table of contents
The overview look about Vietnamese cinnamon powder
This first part will provide the concept and basic features of Vietnam cinnamon powder that it is needed to understand obviously.
Outstanding features of Vietnam cinnamon powder
Vietnamese cinnamon powder is mostly made from cinnamon bark. However, some cinnamon powder is also made from cinnamon leaves:
Bark-based Vietnam cinnamon powder | Leaf-based Vietnam cinnamon powder | |
Color | Reddish-brown color | Greenish-brown color |
Taste | Strong sweet and spicy flavor with a hint of pepper | Milder and slightly herbaceous taste |
Aroma | Warm and fragrant aroma | Fresh and mildly floral aroma |
Oil content | 1% to 2% | 0.5% to 1.5% |
Moisture | 10% | 7% |
Coumarin | Higher | Lower |
Vietnam cinnamon powder made from the bark of Vietnam cinnamon has a reddish-brown color, strong sweet and spicy flavor, and a warm fragrant aroma. It has high oil content (1% to 2%) and low moisture content (<10%). On the other hand, Vietnam cinnamon powder made from leaves exhibits a greenish-brown color, milder herbaceous taste, and fresh floral aroma. It contains lower oil content (0.5% to 1.5%) and moisture content (<7%), and a relatively lower coumarin content.
How to preserve and store Vietnamese cinnamon powder
Under proper storage conditions, cinnamon powder can typically maintain its quality for about 1 to 3 years. To ensure the longest shelf life possible for high-quality cinnamon powder, especially Vietnamese cinnamon powder, follow these steps:
- Choose the right container: Select an airtight container to store the cinnamon powder. Glass jars with a tight-fitting lid or food-grade plastic containers with a secure seal are suitable options.
- Prepare the container: Ensure the container is clean and dry before transferring the cinnamon powder to it. Any moisture or residue can affect the quality and shelf life of the spice.
- Portion control: Consider dividing the cinnamon powder into smaller portions if you purchased it in bulk. This way, you can open one portion at a time, keeping the rest sealed and protected.
- Fill the container: Transfer the cinnamon powder to the container, leaving some headspace at the top. This extra space helps minimize air exposure when opening and closing the container.
- Labeling: Clearly label the container with the date of purchase or the date you opened it. This will help you track its freshness and determine when it should be used by.
- Store in a cool, dark place: Cinnamon powder should be stored away from direct sunlight, heat, and moisture. Choose a cool, dry cabinet or pantry for storage. Avoid placing it near the stove or other sources of heat.
- Avoid excessive exposure: Try to minimize the amount of time the cinnamon powder is exposed to air and light. Repeated exposure can degrade the flavor and aroma of the spice.
- Do not refrigerate: Cinnamon powder does not require refrigeration. In fact, storing it in the refrigerator can introduce moisture, causing clumping and potential spoilage.
- Check for freshness: Over time, the flavor and potency of cinnamon powder diminish. It’s a good practice to check its freshness before using. If the aroma has significantly faded, it might be time to replace it.
Material areas and quantity of Vietnamese cinnamon powder
Vietnam cinnamon powder may not be as extensive as the production of cinnamon in other forms due to the fact that Vietnamese cinnamon powder is more expensive and involves stringent standards and complex procedures.
However, Yen Bai and Quang Nam stand as the primary provinces where Vietnamese powder cinnamon is extensively produced, and the annual stock of cinnamon powder is estimated to reach thousands of tons.
Significant usages of Vietnam cinnamon powder
Vietnamese cinnamon powder offers a variety of advantages when it comes to cooking, health benefits and livestock fodder:
- It imparts a unique and flavorful touch to both sweet and savory recipes, making it a versatile ingredient for baked goods, spiced beverages, curries, stews, marinades, and rubs.
- In terms of health benefits, it contains antioxidants, has potential anti-inflammatory properties, and may aid in blood sugar regulation.
- In certain countries with cold climates, low-quality or inventory cinnamon powder is imported for use as animal feed to help keep livestock warm.
The developed potential when importing Vietnamese cinnamon powder
Importing Vietnam cinnamon powder holds great profit potential, making it an appealing product for importers. There are various reasons behind its profitability, which contribute to its attractiveness and the possibility of substantial earnings:
- Enduring reputation: Vietnamese cinnamon is highly esteemed in cinnamon powder wholesale worldwide for its exceptional flavor, captivating aroma, and high concentration of cinnamaldehyde, offering potential health benefits.
- Government support: Government support in agriculture via trade agreements provides importers of Vietnamese cinnamon with advantageous tariff rates, potentially resulting in lower or zero import taxes and enabling them to offer competitive prices in their respective markets.
- Convenient transportation: Vietnam’s strong transportation network facilitates smooth and efficient delivery of cinnamon, both domestically and for export, promoting cost-effective logistics.
Average price of Vietnamese cinnamon powder
The pricing of Vietnam cinnamon powder is a significant concern for cinnamon wholesalers. In this discussion, we will delve into the costs involved and explore various factors that influence the price.
Price quotation for Vietnam cinnamon powder
Wholesale price | $1360 to $4540 per ton |
Retail price | $2270 to $9090 per ton |
Export price | $910 to $3640 per ton |
According to the recent trends of the cinnamon wholesale price, Vietnamese cinnamon powder typically tend to be lower than retail prices. Wholesalers purchase the product in large quantities and supply it to retailers, who, in turn, sell it to consumers. Export prices, on the other hand, may differ from wholesale and retail prices due to additional expenses like tariffs, shipping fees, and customs charges associated with international trade. Furthermore, when compared to other forms of cinnamon, powder is generally considered to be more expensive.
Factors influence the price of Vietnamese cinnamon powder
The pricing of Vietnamese cinnamon is influenced by various factors, including government policies, transportation costs, and economic and political stability:
- Government policies impact prices through trade regulations and taxes, with some countries implementing measures to promote cinnamon import and trade.
- Transportation costs, affected by distance, logistics challenges, and fluctuations in expenses like fuel prices and infrastructure maintenance fees, contribute to price variations.
- Economic and political stability in importing countries affect prices through factors such as inflation, currency exchange rates, consumer demand, political turmoil, and trade disruptions.
All about reliable Vietnamese cinnamon powder suppliers
Knowing reliable and untrustworthy suppliers of Vietnamese powder cinnamon is crucial for businesses interested in trading it. We have gathered data to help you make informed decisions about suppliers.
Types of Vietnam cinnamon powder suppliers
Vietnam cinnamon powder suppliers can be categorized into two groups: local suppliers and wholesalers:
- Local suppliers: Local suppliers have their own sources of raw materials and production facilities, offering a stable supply with control and potential cost savings for importers.
- Wholesalers: Wholesalers distribute large quantities of Vietnamese cinnamon powder to retailers and customers, providing benefits like transparency, competitive pricing, and support to the local community.
Signs of Vietnamese cinnamon powder supplier scams
In the cinnamon industry, fraudulent activities have been on the rise. It is important to be aware of certain key indicators that can help identify a fake Vietnamese cinnamon powder supplier:
- Absence of a representative office or legitimate business address in the host country.
- Insufficient information regarding the raw material area and production plant.
- Unusually low and suspiciously cheap prices for Vietnamese powder cinnamon.
- No certifications such as ISO, HACCP, and USDA Organic.
- Poor quality of customer service.
Some famous Vietnam cinnamon powder suppliers you can refer to
Here are the top five reputable suppliers of Vietnamese cinnamon that you can consider collaborating with:
- Hanoi Cinnamon: Hanoi Cinnamon is a prominent exporter of Vietnamese cinnamon powder, offering competitive wholesale prices ranging from 2200 to 4500 USD per ton. Renowned for their commitment to quality products and early entry into the agricultural export market, they have emerged as a key player in the industry. Collaborating with Hanoi Cinnamon can yield significant profits for distributors due to their competitive pricing strategies.
- Vina Samex: Vina Samex is an experienced exporter of Vietnamese powder cinnamon with over 20 years of industry expertise. They source cinnamon from farmers in the Mekong Delta and ensure high-quality standards through rigorous quality control measures. With a wide network of farmers and suppliers in Vietnam, they have access to premium-grade cinnamon. Vina Samex is committed to meeting international standards and maintaining strict quality control.
- Nghi Son Foods Group: Nghi Son Foods Group is a leading exporter of Vietnam cinnamon powder, known for their commitment to delivering high-quality products. With a strong global presence and experienced professionals, they have a wealth of expertise in serving clients worldwide. Their team comprises knowledgeable experts in Vietnamese cinnamon and the spice industry. Nghi Son Foods Group also implements a strict quality control system to adhere to international standards.
- Agrideco Vietnam Co.Ltd: Agrideco Vietnam places a strong emphasis on sustainability and ethical principles, valuing their commitment to these practices. They actively collaborate with the farming community to cultivate and harvest cinnamon in an environmentally conscious manner while promoting local economic development. Moreover, Agrideco Vietnam is dedicated to fair pricing and fair labor practices, guaranteeing the well-being and respect of all individuals involved in the production of Vietnam cinnamon powder.
- K-Agriculture: K-Agriculture, established in 1996, is a renowned company specializing in the production and export of Vietnamese cinnamon powder to numerous global destinations. With over 20 years of experience, they have successfully supplied cinnamon to over 80 countries worldwide. The company takes pride in its modern manufacturing facility, capable of providing various types of cinnamon tailored to meet the specific preferences of their clients.