Cinnamon Exporters in Sri Lanka the perfect partner corporations

Cinnamon exports from Sri Lanka have recently attracted significant importers from all over the world, due to the fact that cinnamon is now a commodity that can be traded for huge profits. If you’re interested in this product, keep reading this article to discover about cinnamon exporters in Sri Lanka.

1. Overview of cinnamon exporters in Sri Lanka 

To facilitate cooperative efforts, importers must first establish who the Sri Lanka cinnamon exporters are and who their customers are.

1.1. The definition of cinnamon exporters in Sri Lanka

Sri Lanka cinnamon exporters are the recognized company in Sri Lanka that makes cinnamon products for the foreign market. The cinnamon exporter in Sri Lanka collaborates with cinnamon suppliers to produce, transport, and export cinnamon to foreign countries. Currently, cinnamon exporters can also be cinnamon producers.

1.2. Types of cinnamon exporters in Sri Lanka

• Direct Cinnamon Exporters: The main exporters in Sri Lanka are able to meet market demand and supply to the world. These exporters are primarily situated in the southwest of Sri Lanka, near seaports such as Homagama, Kamburu Pitiya, Karandeniya, and Piliyandala. Most of them are in large scale, large corporations with professional import and export trade systems.
• Indirect Cinnamon Exporters: Unlike direct cinnamon exporters in Sri Lanka, these manufacturers import input cinnamon ingredients from Sri Lankan cinnamon suppliers and then export them on the global market. Most of them are mainly in small-scale, retail Sri Lankan cinnamon items on e-commerce platforms such as Amazon or Etsy. 

1.3. Cinnamon export industry in Sri Lanka

Sri Lanka is the world’s largest producer and exporter of pure cinnamon, and Ceylon cinnamon exporters dominate the Ceylon cinnamon export market, taking in 90% of the global market. Cinnamon grown and processed in Sri Lanka has a long-standing reputation in the international market due to its high quality, color, flavor, and aroma. There are numerous other types of cinnamon, but the cinnamon exporters in Sri Lanka primarily export Ceylon cinnamon.

• Ceylon cinnamon is well-known around the world for its distinct aroma, high quality, health benefits, and low essential oil level. Ceylon cinnamon from cinnamon merchants in Sri Lanka is tan brown in color. It is, however, brittle and readily broken.
• The quills are manufactured using a unique technology found only in Sri Lanka. For decades, this expertise has been passed down via generations. However, Ceylon from cinnamon exporters in Sri Lanka is not as popular as cassia cinnamon since manufacturers must employ manual ways to create items, primarily by hand and without machine support. As a result, the product’s price has increased as well.
• Every year, Sri Lanka cinnamon exporters conduct trading activities and export their products to other countries, bringing about great profits. Some prominent Ceylon cinnamon products include wholesale cinnamon powder, cinnamon oil, broken cinnamon, and cigarette/split cinnamon. 
• Cinnamon exporters in Sri Lanka’s products also provide several health benefits, such as giving vitamins for the body, managing blood sugar, aiding in weight control, and are very beneficial to cancer prevention, which is ideal for Sri Lanka cinnamon exporting to countries with high cancer rates, such as Australia, New Zealand, Ireland, and the United States, as well as countries with high obesity rates, such as Nauru, Tonga, and Samoa.

1.4. Cinnamon exporters in Sri Lanka’s main customers

Here are some informations about cinnamon export market in Sri Lanka

• The most major customer markets for cinnamon exporters in Sri Lanka are the United States, Mexico, Peru, and Colombia which respectively are 45% (112 million USD), 15% (37 million USD), and 7.78% (19.2 million USD), 5.55% (13.7 million USD) and 5.55% (13.7 million USD)
• The United States is the country with the most imports. Partly because of the great population and the widespread use of cinnamon in cooking. As a result, thousands of tonnes of Ceylon cinnamon have been purchased by people in the United States from Sri Lanka cinnamon exporters.

2. Cinnamon export price in Sri Lanka offered by cinnamon exporters in Sri Lanka

Cinnamon export price offered by Sri Lanka cinnamon exporters is tend to downward. Prior to 2019, a ton of cinnamon cost $12,190 USD in 2017 and $11,570 USD in 2018. The export price increased by -11.483% to 10240 USD per ton in 2019. The export price is  expected to cost between 10240 USD and 11570 USD per ton in 2022. Export prices from direct Sri Lanka cinnamon exporters will be easier affordable than those from indirect exporters.

Type	Price/ton
Cinnamon stick	7670 USD/ton to 7860 USD/ton
Cigarette cinnamon	7670 USD/ton to 7860 USD/ton
Split cinnamon	5400 USD/ton to 5480 USD/ton
Broken cinnamon	4400 USD/ton to 4500 USD/ton
Cinnamon powder	4380 USD/ton to 4400 USD/ton

Cinnamon sticks and cigarette cinnamon are the most expensive types of Ceylon cinnamon in Sri Lanka because they are easy to use and have a good appearance. Split cinnamon, broken cinnamon, and cinnamon powder may not look as nice as those two cinnamon but they are easier to transport.

Reason why export price of cinnamon exporters in Sri Lanka is so expensive:

• Unique quality: Cinnamon cultivated and processed in Sri Lanka has a long reputation of high quality, color, flavor, and scent in the international market. Sweeter taste, more delicate color, and, most importantly, lower Coumarin content than any other Ceylon cinnamon in other countries result in a higher price.
• Limited production area: The high prices are also due to the fact that cinnamon suppliers and cinnamon exporters in Sri Lanka do not have a vast raw material area. They have a small planting area and a small production area.
• The rise in market’s demand: The annual variation in cinnamon volume in Sri Lanka was 1.72% between 2017 and 2019, compared to a growth rate variation of -5.114% between 2018 and 2019. This rapid expansion indicates that demand for Ceylon cinnamon from cinnamon exporters in Sri Lanka will keep rising further. As a result, the cost for exporting would rise.
• Transportation expenses: Because of the extensive impact of the Covid-19 outbreak, a lack of staff and delivery containers has pushed up the logistics situation at a high cost. As a result, the price that cinnamon exporters in Sri Lanka offer has risen slightly.
• Rare and difficult to manufacture: Cinnamon Sri Lanka is a rare and difficult-to-produce spice that is made from the dried inner bark of the cinnamon tree, which only grows in Sri Lanka. It’s a difficult product to produce. Even the most experienced cinnamon peelers are only capable of producing a few pounds of quills every day. Because many workers have moved to other countries, the Sri Lankan cinnamon industry is likewise facing a labor shortage.

Related article you can refer to

Is Ceylon cinnamon better than Vietnamese cinnamon

Indian cinnamon is Ceylon or Cassia

Nevertheless, the cinnamon exporters in Sri Lanka’s cost for exporting is declining:

• Cinnamon export policy: Cinnamon Sri Lanka export policy is simple, with a reasonable transportation tax that is beneficial to importing businesses. As a result, the cinnamon export price will be significantly more accessible.
• Modern production technology: Cinnamon companies in Sri Lanka use modern technology and machines in cinnamon production to cut labor expenses while maintaining cinnamon quality.
• Sri Lanka is also strongly improving the qualifications of cinnamon production workers to obtain higher cinnamon value.

3. Important cautions you must know when working with cinnamon exporters in Sri Lanka

Here’re some indeed precautions to take when working with Sri Lankan cinnamon exporters.

3.1. Indications of fraudster cinnamon exporters in Sri Lanka

Sri Lanka cinnamon exporters must be the large trading organizations with extensive experience in the cinnamon export industry in order to import and export high-quality cinnamon. Furthermore, because Sri Lankan cinnamon is of the highest quality in the world, it is difficult to prevent fraudulent trade situations by exporters.

• Unclear contact information: Before working with any cinnamon exporters in Sri Lanka, you should thoroughly research their company license and address. There is little information about scam exporters on their websites. Furthermore, their scam websites are frequently created recently, which is a hint that you should be cautious.
• Payment pushing: Scam cinnamon exporters in Sri Lanka typically want to get money as quickly as possible and then disappear. Be cautious if you meet cinnamon suppliers in Sri Lanka who pressure you to make a rapid payment.
• Low price but plenty of benefits offered: Scam Sri Lanka cinnamon exporters aim to provide more appealing offers in order to make it easier to defraud buyers. Inexperienced buyers are sometimes attracted by the tremendous benefits, while cinnamon exporters in Sri Lanka offer rates that are far too low.

3.2. Considerations when working with cinnamon exporters in Sri Lanka

Reliability of Sri Lanka cinnamon exporters: Partners must have a high level of mutual trust in order to engage in long-term collaboration. Several variables must be considered when determining if cinnamon exporters can be relied upon:

• Verify that the cinnamon export companies in Sri Lanka have a real address, sufficient contact information, and a legal company license.
• Determine if the Sri Lanka cinnamon exporters could secure the availability of commodities and if they had a strong relationship with their previous partners.
• Check the current contracts of cinnamon exporters in Sri Lanka to ensure that the supplier’s business practices are legal.

Product quality from cinnamon exporters in Sri Lanka: Sri Lanka cinnamon exporters have specific guidelines for evaluating the quality of their product, including indicators of moisture, essential oil content, length, roll, peel thickness, appearance, and transportation.

Customer Service: Customer service is essential for cinnamon exporters in Sri Lanka who want to maintain a positive reputation. A positive or negative encounter can substantially alter a customer’s view of the exporters.

• The reputable cinnamon exporters in Sri Lanka will legally enter into a contract with the customers on product quality, documents, delivery method, and payment method.
• Furthermore, the responsibility of cinnamon exporters is essential. Professional Sri Lanka cinnamon exporters will adhere to their contracts and return policies if a defective product is detected after delivery.

Payment policy: There should be no disparity between the wholesale price of cinnamon stipulated in the contract and the price on the commercial invoice. Cinnamon exporters in Sri Lanka are required to notify clients of any price changes in advance and modify the contract with both parties’ consent if necessary.

Furthermore, commercial invoices from Sri Lanka cinnamon exporters should be delivered on time and be simple for clients to read and comprehend.

Cinnamon export procedure in Sri Lanka: Cinnamon exporters in Sri Lanka need to ensure the export procedures such as export customs declaration, commercial invoice, packing list, bill of lading, commercial contract, export authorization letter, Certificate of quality, Certificate of product origin, Certificate of Phyto, Certificate of fumigation and other related papers.

4. Famous cinnamon exporters in Sri Lanka you should know

Let’s find out some famous cinnamon export companies in Sri Lanka that you can rely on.

• Lak Cinnamon Exporters: Lak Cinnamon Exporters is the direct largest cinnamon exporter in Sri Lanka. The Lak cinnamon brand is recognized for its great quality, strict standards, and comparatively low costs. Every stage of the procedure is methodically managed to provide the user with a high degree of pleasure. The company’s products range from quilling cinnamon to dried cinnamon leaves, and the company can supply any product form of cinnamon to the market.

• Ceylon Spices NB: Ceylon Spices NB is one of the most well-known direct cinnamon exporters in Sri Lanka, offering a variety of Ceylon spices as well as cinnamon from the island. The company has over ten years of experience in the cinnamon trading market. They grow their own cinnamon and export it to other countries, particularly cigarette cinnamon and cinnamon sticks. Although the company’s export costs are quite high, the cinnamon quality is among the best in Sri Lanka.

• True Ceylon: One of the most reliable cinnamon exporters in Sri Lanka is True Ceylon, which grows fresh and natural Ceylon cinnamon that is free of pesticides, herbicides, and chemicals. Orders will be shipped straight from Sri Lanka. The company’s products include cinnamon sticks, cigarette cinnamon, and broken cinnamon, among many others. True Ceylon’s trading and export policy is claimed to be the best in Sri Lanka, with a high reputation, trusted by cinnamon importers in the United States and Mexico, and an annual output of over 1000 tons. The cost and shipping procedures are also ideal for all importers.
• Grupo Canela: Grupo Canela is an indirect Sri Lanka cinnamon exporter. The company buys cinnamon from cinnamon suppliers in Sri Lanka, then processes, manufactures, and packs it before exporting it to nearby nations like Mexico and Brazil. Grupo Canela is one of the largest cinnamon distributors in the United States at the moment. Every year, they distribute approximately 10,000 tons of cinnamon and all the cinnamon products you might want.