Have you ever considered the immense profit potential and revenue that can be generated from importing Sri Lankan cinnamon sticks? This article aims to reveal the answer by providing valuable insights.
Table of contents
Brief information about Sri Lankan cinnamon sticks
In order to gain a clear understanding, this initial section will present the concept and fundamental characteristics of Sri Lanka cinnamon sticks, which are essential to grasp.
Outstanding characteristics of Sri Lankan cinnamon sticks
Sri Lankan cinnamon sticks, or Ceylon cinnamon sticks possess several notable features that set them apart. Here are some of their outstanding characteristics:
Color | Paler beige to brown shade |
Taste | Gentle, subtly sugary flavor |
Aroma | Hints of citrus and an earthy aroma |
Oil content | 2-4% |
Moisture | 12% |
Coumarin | Quiet low, about 1% |
Average length | 7 – 8cm |
Skin thickness | 0.08mm |
Scroll rate | 10 to 15 scrolls per inch |
Sri Lankan cinnamon sticks exhibit a paler beige to brown shade with a sleek outer surface and tightly wound sticks. It offers a gentle sweetness in taste, accompanied by a subtle fragrance that sets it apart from other cinnamon varieties.
Additionally, Sri Lanka cinnamon sticks contain a moderate oil concentration, usually from 2% to 4%, and maintain relatively lower coumarin content. This makes it a safer choice in terms of beneficial for liver health when compared to ingesting large quantities of cinnamon with elevated levels of coumarin, like Cassia cinnamon. The scroll rate of Ceylon cinnamon sticks averages around 10 to 15 scrolls per inch.
Cultivation areas and amount of Sri Lankan cinnamon sticks
The primary cultivation areas for Ceylon cinnamon sticks from Sri Lanka are located in the Sabaragamuwa and Southern regions of Sri Lanka, making them the most preferred and widely purchased type of Ceylon cinnamon in bulk. In the year 2022, the estimated manufacturing of Sri Lankan cinnamon sticks reached 9,000 tonnes, accounting for approximately 48% of the total Ceylon cinnamon production in Sri Lanka.
How to preserve and store Sri Lankan cinnamon sticks
To preserve and store Ceylon cinnamon sticks from Sri Lanka and prevent them from breaking, follow these guidelines:
- Choose airtight containers: Transfer the cinnamon sticks to airtight containers to protect them from moisture, air, and contaminants. Glass jars with tight-fitting lids or food-grade plastic containers are good options.
- Keep in a dry, cool location: Choose a spot that is out of direct sunshine, severe temperatures, and humidity. Excessive heat and moisture can increase mold and mildew growth, resulting in fabric damage.
- Avoid exposure to air: Air can accelerate the drying process and make the cinnamon sticks more fragile. Ensure the containers are tightly sealed to minimize air exposure.
- Keep away from strong odors: Cinnamon sticks can absorb smells from other sources of spices or strong-smelling substances. Store them separately or in odor-resistant packaging to maintain their original taste and fragrance.
- Handle with care: When handling the cinnamon sticks, do so gently and avoid unnecessary bending or twisting. Applying too much pressure can cause them to break.
- Use proper labeling: To maintain track of freshness, label the packaging with the time of purchase or expiration. For the best flavor and effectiveness, use cinnamon sticks within a year.
Reasons why Sri Lankan cinnamon sticks are the most preferred
Ceylon cinnamon sticks are the most produced form of cinnamon and have the largest quantity due to its versatility, longer shelf life and easy to process and handle:
- Versatility: Sri Lankan cinnamon can be utilized in whole in cooking, medicine usages, decoration, and they can also be easily ground into powder when needed.
- Longer Shelf Life: Sri Lankan cinnamon sticks have a longer shelf life compared to cinnamon powder, oil, or broken pieces. Their tightly rolled form helps preserve the flavor and aroma for a more extended period.
- Easy to Process and Handle: Cinnamon sticks require minimal processing compared to other forms of cinnamon. After the harvest, the cinnamon bark is dried and rolled into tubes, making it a relatively straightforward and efficient process.
The developed potential when importing Sri Lankan cinnamon sticks
Importing Ceylon cinnamon sticks from Sri Lanka offers significant potential for various compelling factors:
- Reputation Advantage: Importing Sri Lankan cinnamon sets importers apart by providing a cinnamon variety with a renowned esteemed reputation. This appeals to discerning clientele seeking genuine nature and exceptional quality, differentiating from competitors offering other types of cinnamon.
- Government Backup: The Sri Lanka government acknowledges the importance of the cinnamon industry and actively supports its growth. They facilitate trade by simplifying customs processes and minimizing administrative hurdles, creating a favorable trading climate for importers.
- Stable Pricing: Sri Lankan cinnamon sticks experience limited price volatility due to its unique characteristics. Harvesting is not subject to seasonal constraints, allowing farmers to postpone the harvesting process during periods of low prices. This stability results in slight price fluctuations, ensuring a more predictable market for importers.
The prevailing pricing standard of Sri Lankan cinnamon sticks
Now, let’s examine the average global cinnamon stick price in Sri Lanka.
The average price of Sri Lankan cinnamon sticks
Type | Price/ton |
Wholesale price | 16700 USD/ton to 17860 USD/ton |
Retail price | 17870 USD/ton to 19860 USD/ton |
Export price | 10400 USD/ton to 11480 USD/ton |
The wholesale prices of Sri Lankan cinnamon sticks generally remain lower compared to retail prices. Wholesalers acquire the product in large volumes and distribute it to retailers, who then sell it to consumers. However, when it comes to export prices, they can differ from wholesale and retail prices due to additional costs involved in international trade, such as tariffs, shipping fees, and customs charges.
Factors affect the expense of Sri Lankan cinnamon sticks
Several factors influence the cinnamon sticks price in Sri Lanka, including
government regulations, logistics cost, economic circumstances and political stability:
- Government regulations: Government-imposed trade regulations, taxes, and production policies can impact the market. Favorable policies promoting the importing and trading of Sri Lankan cinnamon sticks can result in lower prices.
- Logistics cost: The costs linked to transporting cinnamon from production areas to export ports directly impact its pricing. Greater distances lead to increased transportation expenses, and fluctuations in factors such as fuel prices and infrastructure fees can contribute to price variations.
- Economic conditions and political status in importing countries: Economic conditions in the countries where it is imported, including inflation, consumer demand, and the political situation in those countries, directly impact the pricing of cinnamon sticks from Sri Lanka.
Get to know about Sri Lankan cinnamon sticks suppliers
Differentiating between trustworthy and unreliable suppliers of cinnamon sticks from Sri Lanka is essential for successful trading. We provide valuable insights to help you find where to buy Ceylon cinnamon sticks
Main types of Sri Lankan cinnamon sticks suppliers
In the Sri Lankan cinnamon sticks market, Two primary categories of suppliers exist: raw material area suppliers and wholesalers.
- Raw material area suppliers access to their own raw material sources, handle production and exportation themselves, providing a stable supply.
- Wholesalers purchase wholesale cinnamon stick and distribute to retailers, offering transparency, competitive pricing strategies, and community support.
Indicators of fraudulent Sri Lankan cinnamon sticks suppliers
Fraudulent activities in the cinnamon sticks industry have been on the rise. It is essential to recognize fake suppliers based on certain distinguishing features, which include:
- Lack of a representative office or official business address in the nation.
- Inadequate disclosure regarding information about the origin of raw materials and the production facility’s details
- Suspiciously low pricing for Sri Lankan cinnamon sticks.
- Inadequate certifications such as HACCP, ISO or USDA Organic.
- Insufficient or substandard customer service
Referral reliable Sri Lankan cinnamon sticks suppliers
Reputable Ceylon cinnamon suppliers in Sri Lanka include:
- Rathna Producers Cinnamon Exports: Rathna Producers, one of the most famous brands of cinnamon, especially Ceylon cinnamon sticks, maintains excellent quality standards throughout the manufacturing process. They have their own farms, thorough monitoring, and a presence in over 50 nations. They provide affordable shipping rates, clear purchasing and shipping procedures, and good customer support.
- New Lanka Cinnamon Pvt Ltd: Since 2010, New Lanka Cinnamon, which was founded in 1980, has grown its international exports. They acquire cinnamon from local sellers and ship high-quality items all over the world. They export roughly 1,000 tons each year and are known for their dependability, high-quality offers, affordable pricing, and flexible shipping procedures.
- LAK CINNAMON PLANTERS & EXPORTERS: LAK CINNAMON, known for their dedication to customer satisfaction, offers a variety of Sri Lankan cinnamon sticks goods, including whole sticks, cigarette cinnamon, and broken cinnamon. With a yearly output of more than 1,000 tons, they have a good reputation and the trust of importers in the United States and Mexico. Importers enjoy their competitive pricing and efficient delivery methods.
- Dilas International Pvt. Ltd: Dilas International is a well-known exporter of Ceylon cinnamon with over two decades of experience. They acquire their cinnamon from farmers in Sri Lanka’s western region, focusing on high-quality items. Their broad network of growers and suppliers allows them to obtain superior cinnamon sticks, and they adhere to strict quality control methods.
- K P Somadasa & Company Pvt. Ltd: Dilas International is a well-known exporter of Ceylon cinnamon with over two decades of experience. They acquire their cinnamon from farmers in Sri Lanka’s western region, focusing on high-quality items. Their broad network of growers and suppliers allows them to obtain superior cinnamon, and they adhere to strict quality control methods.