Cinnamon trade is unquestionably on the increase today. Have you ever wondered what the differences are between Vietnamese cinnamon vs regular cinnamon? The article below will help you distinguish Vietnamese cinnamon differences compared to other cinnamon types. Attentively, the scope of regular cinnamon in this piece will focus on cinnamon types coming from Indonesia, China, and Sri Lanka.
Table of contents
- 1. Vietnamese cinnamon vs regular cinnamon a general introduction
- 2. Vietnamese cinnamon vs regular cinnamon Which is better
- 3. Vietnamese cinnamon vs regular cinnamon Factors impacting the price
- 3.1. Supply impacting the price of Vietnamese cinnamon vs regular cinnamon
- 3.2. Demand impacting the price of Vietnamese cinnamon vs regular cinnamon
- 3.3. Policies impacting the price of Vietnamese cinnamon vs regular cinnamon
- 3.4. Vietnamese cinnamon vs regular cinnamon: Unpredictable events impacting the price
- 4. Vietnamese cinnamon vs regular cinnamon: top providers
Vietnamese cinnamon vs regular cinnamon a general introduction
Vietnam, Indonesia, China, and Sri Lanka are the four biggest world cinnamon hubs. A quick rundown about these four types will equip you with basic knowledge before examining Vietnamese cinnamon vs regular cinnamon.
Definition of Vietnamese cinnamon vs regular cinnamon
Vietnamese cinnamon is an annual plant native to mainland Southeast Asia that belongs to the Cassia species. When comparing Vietnamese cinnamon vs regular cinnamon, you need to know the following facts. Currently, cinnamon exporting is on the rise in Vietnam, one of the world’s leading cinnamon producers.
Regular cinnamon: in this situation, refer to other cinnamon types from China, Indonesia, and Sri Lanka.
- Indonesian cinnamon: also described as Korintje Cinnamon or Padang Cassia, is a popular spice in Indonesia. Cinnamomum burmannii is the scientific name for Indonesian cinnamon. Cinnamon from Indonesia is an evergreen tree with scented bark and smooth, angular branches that grows up to 7 meters tall. The shiny green, round leaves are around 10 centimeters long and 3 centimeters to 4 centimeters broad. Early in the summer, little yellow flowers appear, producing a deep drupe.
- Chinese cinnamon: is a South and Southeast Asian fir tree that originated in southern China and is widely planted there and worldwide. The tree reaches a height of 10 to 15 meters, with gray bark and stiff, oblong leaves that are 10 to 15 centimeters long and reddish in tone when young.
- Sri Lanka cinnamon: Cinnamomum verum is a tiny green tree endemic to Sri Lanka that belongs to the Lauraceae family. Cinnamomum verum trees may reach a height of 10 to 15 meters. The leaves are round in form and range in length from 7 to 18 centimeters. The blooms are greenish in color and have a unique odor. They are grouped in panicles. A solitary seed is contained in a violet 1-centimeter drupe.
Is Vietnamese cinnamon the same as Saigon cinnamon
There are a lot of misconceptions regarding Vietnamese and Saigon cinnamon. Before going deeper into the Vietnamese cinnamon vs regular cinnamon debate, this section will clarify the two sorts.
- Simply speaking, Vietnamese cinnamon is Saigon cinnamon, but Saigon cinnamon is not the same as Vietnamese cinnamon. Saigon cinnamon is a kind of Vietnamese cinnamon. Meanwhile, Vietnamese cinnamon refers to the Cassia varieties that represent the country of Vietnam.
- The confusion between these two types stems from a long time ago when a brand called “Saigon cinnamon” was marketed internationally. Foreigners began to refer to Vietnamese cinnamon as “Saigon cinnamon” after that. There have been numerous debates over the naming and origin of Vietnamese cinnamon up to now.
Vietnamese cinnamon vs regular cinnamon Which is better
Which is superior: Vietnamese cinnamon vs regular cinnamon? In this part, we will look at how Vietnamese cinnamon differs from other cinnamons.
Key features of Vietnamese cinnamon vs regular cinnamon
This section will compare and contrast the features of Vietnamese cinnamon vs normal cinnamon. First and foremost, have a look at the table below for a quick summary of the board.
- By comparison, Chinese cinnamon has the lowest wholesale price. In the Vietnamese cinnamon vs regular cinnamon clash, this is its strongest strength. The first reason is that Chinese cinnamon has a relatively low Coumadin content. Secondly, traders claim that China supplies boiled cinnamon plants with minimal levels of essential oil, then the price is shockingly cheap.
- Ceylon cinnamon from Sri Lanka, on the other hand, is the most costly. The high cost is due to the manual manufacture and extremely low coumadin levels.
- In the duel of Vietnamese cinnamon vs regular cinnamon, Vietnamese cinnamon has a few advantages. The apparent one is the exceptional flavor, which has a powerful flavor and a complex scent. However, the high coumadin level is a big drawback.
Vietnamese cinnamon vs regular cinnamon Main domestic distribution
The section will provide the main domestic distribution and importers of Vietnamese cinnamon vs regular cinnamon. Let’s find out the similarities as well as differences between them.
Almost all cinnamon kinds are comparable when it comes to domestic distribution.
- Climate: A warm subtropical to tropical climate with high temperatures and abundant rainfall describes nearly all domestic distribution across four nations. Cinnamon thrives in humid climates with abundant rain and annual rainfall exceeding 2000 mm.
- Geography: Cinnamon is mostly grown in highland or coastal areas in these nations. Because cinnamon develops at a height of roughly 1,000 meters, highland places like Yen Bai in Vietnam, the Sinharaja rainforest area in Sri Lanka, or Kericin, Sumatra, Indonesia are ideal. Coastal areas in China, such as Guangdong, and Vietnam’s Quang Ninh, on the other hand, facilitate cinnamon trade distribution.
In terms of international importers, there are certain differences between Vietnamese cinnamon vs regular cinnamon, aside from similarities.
- Similarities: Clearly, the United States is the best export destination for all four varieties of cinnamon. Because of the big market and strong demand, North America is an ideal location for exporting cinnamon. Vietnamese cinnamon and Indonesian cinnamon are the most popular here.
- Differences: While Mexico and European countries are the main importers of cinnamon from Sri Lanka, the Middle East countries account for a large portion of the export value of the other three types. The simplest explanation for this phenomenon is economics. Despite the exorbitant price, wealthy European countries are willing to pay for Sri Lankan cinnamon. Meanwhile, because the Middle East’s economy is diversified but largely undeveloped and developing, Cassia cinnamon from Indonesia, Vietnam, and China is a better fit.
The potential development of Vietnamese cinnamon in the future
When comparing Vietnamese cinnamon vs regular cinnamon, Vietnamese cinnamon is estimated to have a lot of room for improvement.
- Big cinnamon cultivation size. Currently, Vietnam has approximately 150,000 hectares for cultivating cinnamon as per estimation. Many areas, including Quang Ninh, have seen an increase in the size of Vietnamese cinnamon recently. Because of its larger size, Vietnamese cinnamon has more opportunities for improvement.
- Stable political institutions. In contrast to Indonesia, which has had coups, Vietnam is a stable country with a one-party state. When comparing Vietnamese cinnamon vs regular cinnamon, Vietnamese cinnamon benefits from the government’s stable politics.
- Dynamic economy. In the Asia Pacific, Vietnam is rated as a rising star. Vietnam’s growth rate is expected to reach 5.5 percent in 2022, as per the World Bank. Furthermore, according to a February 2017 prediction by PricewaterhouseCoopers, Vietnam’s economy might be the fastest-growing in the world by 2050, with an annual GDP growth rate of roughly 5.1 percent. Then, in Vietnam cinnamon vs regular comparison, Vietnam cinnamon proved to be the strong competitor.
Vietnamese cinnamon vs regular cinnamon Factors impacting the price
Whatever places cinnamon comes from, there are some crucial factors impacting their prices. These main key elements including supply, SPEC, demand, policies, and events will be provided in this section.
Supply impacting the price of Vietnamese cinnamon vs regular cinnamon
According to FAOSTAT, global cinnamon output was 222,122 tonnes in 2020. The top four producers were Indonesia, China, Vietnam, and Sri Lanka, with 91,242 tonnes, 72,531 tonnes, 31,429 tonnes, and 22,910 tonnes, respectively. Despite having a large supply, the price of Vietnamese cinnamon vs regular cinnamon is significantly different. While the price of cinnamon from Indonesia and China tends to remain consistent or even decline significantly, the price of cinnamon from Vietnam and Sri Lanka continues to climb. Due to a demand-supply mismatch, the price of Vietnamese cinnamon is higher than regular cinnamon, which might lead to inflation. Meanwhile, prices for Sri Lanka cinnamon have risen as the size of the growing area has shrunk in recent years.
Demand impacting the price of Vietnamese cinnamon vs regular cinnamon
In general, demand for all types of cinnamon is surging, particularly following the border closure period. According to a Statista analysis, European nations and the United States have seen a rising demand for spices including cinnamon. Nonetheless, there are significant variations between Vietnamese cinnamon vs regular cinnamon. While the price of regular cinnamon is expected to stay stable, the price of cinnamon in Vietnam is projected to rise. The primary factor is still the demand-supply gap.
Policies impacting the price of Vietnamese cinnamon vs regular cinnamon
When it comes to tax rules when comparing Vietnamese cinnamon vs regular cinnamon, the price of Vietnamese cinnamon benefits from a number of advantages. The EVFTA, the free trade deal (FTA) with the most obligations for Vietnam, agreed to eliminate 99 percent of import tariff barriers between the two countries over a 7-10-year timeline. Tax rates on a variety of agricultural products, which Vietnam specializes in producing and selling, will be reduced quickly or within a short period of time.
Vietnamese cinnamon vs regular cinnamon: Unpredictable events impacting the price
The prices of Vietnamese cinnamon vs regular cinnamon are heavily influenced by variance. Adverse weather, politics, and the COVID-19 pandemic are the critical drivers having the most impact.
- The pandemic of COVID-19: The Covid-19 epidemic is without a doubt one of the most serious threats to cinnamon trading. For a long time, the interruption in the supply chain and the closeness of the border caused price fluctuations in Vietnamese cinnamon vs regular cinnamon.
- Unfavorable climate: In the argument between Vietnamese cinnamon vs regular cinnamon, Sri Lankan cinnamon is the most unique variety. The price of this cinnamon, which comes from Sri Lanka and has been affected by severe droughts in recent years, is pricier than it has ever been.
- Political issue: Politics play an important role in all market trade, not only cinnamon. For example, the war between Russia and Ukraine has pushed up the price of cinnamon exports. In Indonesia, coups are a common occurrence that has a considerable effect on the price of cinnamon.
Vietnamese cinnamon vs regular cinnamon: top providers
When looking for trustworthy cinnamon suppliers, the suggestions given below can save you a lot of time. The list below, includes both Vietnamese and regular cinnamon providers, giving you a wide range of options.
Hanoi Cinnamon
If you are looking for Vietnamese cinnamon, Vietnamese Cinnamon is the best choice for you. With over 20-year experience and the strong support of the Ministry of Industry and Trade, Hanoi Cinnamon has built strong credibility in the Vietnamese cinnamon market. Hanoi Cinnamon also owns a modern factory and prestigious certificates such as USDA Organic, FDA, UEBT, Global GAP, etc. This firm will deliver the greatest cinnamon without having to worry about whether Vietnamese cinnamon vs regular cinnamon is superior.
Contact:
Phone: +84961504190 (Whatsapp Available)
Website: hncinnamon.com
Email: hanoicinnamon1@gmail.com
Hanfimex
Hafimex is one of Vietnam’s leading cinnamon exporters and makers, and was founded in 2003 with the goal of “For A Healthy Food Chain.” With 500 hectares in Yen Bai, Vietnam’s cinnamon center, Hanfimex built their cinnamon factory in the raw-materials area. Between 2013 and 2020, this company racked up dozens of new impressive accomplishments in the world of cinnamon trade.
Cassia Co-op
Cassia Co-op is the very first cinnamon manufacturing and trading company to set up shop in Kerinci, Indonesia’s cinnamon capital. SUSTAINABILITY is the foundation of Cassia Co-op. Cassia Co-op is developing an effective and equitable supply chain in Sumatra, Indonesia, while also having a sustainable impact. This firm has obtained an Organic Certificate for cinnamon from Indonesia, as well as other certificates, ensuring the quality of its goods.
New Lanka Cinnamon (Pvt) Ltd.
New Lanka Cinnamon, which was created in 1980 and started exporting in 2010, is a leading cinnamon firm in Sri Lanka that offers the finest cinnamon pricing. The business is located in the Karandeniya of the Galle District. With an annual trade output of 1,000 metric tons, more than 100 employees, and various standardized credentials such as the ISO 22000 accreditation for Food Safety Management Systems, New Lanka Cinnamon is considered the top firm in Sri Lanka with the cheapest cinnamon pricing.
Jinan Gogo International Trade Co.,Ltd.
Jinan Gogo International Trade Co., Ltd is a Chinese corporation based in Jinan, the provincial capital of Shandong, a large agricultural region. Jinan Gogo is a cinnamon manufacturer and exporter specializing in agricultural goods. This business has over 26 years of professional experience in this sector and has shipped to a variety of nations and regions. If you’re looking for cinnamon kinds and aren’t sure if Vietnamese cinnamon or regular cinnamon is better, this firm is a fantastic choice.
To summarize, each type of cinnamon has its own set of benefits and drawbacks. Hopefully, this essay has given you a good understanding of the differences between Vietnamese cinnamon vs regular cinnamon.