Sri Lankan Cinnamon Potential Merchandise That You Cannot Ignore

Sri Lanka is the largest exporter of cinnamon in the world as the products bring sufficient profit to domestic companies. If you are wondering whether cinnamon from Sri Lankan is good for trading as well as where to allocate and find suitable Sri Lankan cinnamon suppliers, read this article to find out.

1. Sri Lankan cinnamon overview

Sri Lanka is commonly associated with the cultivation of cinnamon. Cinnamon in Sri Lanka diversely varies with Ceylon, Cassia, Saigon or Korintje cinnamon. However, Cassia, Saigon or Korintje take only 11% of total cinnamon production in Sri Lanka and they mostly grow Ceylon cinnamon which is a natural plant in this country and is also known as the real best Sri Lankan cinnamon due to its superior quality.

• Sri Lankan Ceylon has a tan-brown hue, silky skin, and tighter, more fragile rolls. The flavour is sweet, and the aroma is delicate. Moreover, this variety of cinnamon Sri Lanka has a much sweeter flavour and a more subtle fragrance than any Ceylon cinnamon in the world. Especially, the high Cinnamaldehyde content and low Coumarin content in this kind of Ceylon are outstanding features that overwhelm other Ceylon varieties and become the best cinnamon in Sri Lanka.
• Sri Lankan cinnamon benefits are currently widely utilized in food ingredients, as well as in pharmaceutical preparations and cosmetics around the world. Antioxidants are higher in Ceylon Sri Lankan cinnamon than in other forms of Ceylon cinnamon. Due to its particular aroma, Sri Lanka cinnamon oil is often used in perfumes and cosmetics also.
• Sri Lankan cinnamon tree: Ceylon cinnamon tree is a bushy evergreen tree in the laurel family that produces the spice cinnamon. The spice is made from the dried inner bark and has a beautifully aromatic aroma as well as a warm sweet flavour. The tree thrives in moist, well-drained soils and rarely grows taller than 15 meters. The thick simple leaves are usually round with smooth borders and veins that run almost parallel to each other. Young leaves are red, maturing to dark green. The little bisexual blooms, which are greenish to yellow in colour and borne in clusters, are borne in clusters. A dark drupe is a fruit.

	Ceylon	Cassia	Saigon	Korintje
Moisture	15%	16%	14%	16%
Oil content	7%	5%	4%	4%
Average length	7 – 8cm	8 – 15cm	8-10cm	7-9cm
Skin thickness	0.08mm	2 – 3.5mm	2-3mm	3-4mm

Due to the higher oil content, the less thickness, the lighter and sweeter taste, Ceylon Sri Lankan cinnamon is often preferred over other cinnamon Sri Lanka varieties. However, the Ceylon moisture is not as high as others, that’s why Sri Lankan Ceylon is more difficult to preserve. If it’s not well preserved, Ceylon might be easily dried and lower in quality.

2. Reasons why Sri Lankan cinnamon exporting a potential market you cannot ignore

In recent years, sales of Sri Lankan kept on top in the international market to be the “best true cinnamon”. Let’s take a closer look at the remarkable benefits of cinnamon Sri Lanka industry to the importers.

2.1. Sri Lankan cinnamon importing makes great revenue. 

For many years, Sri Lankan has been the world’s leading supplier of Ceylon cinnamon, accounting for 90% of the global market share. That is why the import of cinnamon in Sri Lanka will bring great profits to cinnamon trading businesses.

• Many countries around the world require cinnamon, particularly Sri Lankan cinnamon. As a result, importing cinnamon from Sri Lanka will not cause a backlog of goods and reduce business risks. Particularly notable are the import and retail rates of cinnamon in 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). Sri Lankan cinnamon trading in these countries will thoroughly bring high profits.
• Cinnamon Sri Lanka import has a significant competitive edge due to its quality being many times better than any cinnamon imported from other countries. Ceylon cinnamon from Sri Lanka contains more nutrients than other countries that grow Ceylon cinnamon or Cassia cinnamon.
• The enormous output of Sri Lankan cinnamon and the big number of suppliers will result in price and volume competition. As a result, you will be able to easily get high-quality cinnamon at a reasonable price and profit generously.

2.2. Beneficial conditions for Sri Lankan cinnamon imports

Sri Lankan is currently providing good chances for cinnamon trading to the worldwide market.

• Sri Lanka is strategically located at the crossroads of marine trade routes that connect South Asia to other continents. Free ports and bonded areas also have been established at Sri Lanka’s major maritime and airports to facilitate the import and export of cinnamon. As a result, transporting Sri Lankan cinnamon is simple and quick, reducing the danger of losing or misplacing cinnamon supplies.
• Because Sri Lanka is well-known for cinnamon and has been exporting it for a long time, the method for importing and exporting cinnamon is simple and straightforward. The government also encourages cinnamon exports by making tax rates more beneficial for cinnamon exports.

The relevant article you can refer to:

Is Ceylon cinnamon better than Vietnamese cinnamon

Is Indian cinnamon Ceylon or Cassia

3. Import and export market prices for Sri Lankan cinnamon

Average prices in cinnamon trading from Sri Lankan and reasons why cinnamon Sri Lanka possesses such high cost.

3.1. Sri Lankan cinnamon price

Import and export Ceylon cinnamon prices in Sri Lanka are three to four times higher than in other Ceylon cinnamon exporting countries. Cinnamon Sri Lanka’s price is trending downward. Before 2019, one ton of cinnamon was going for 12190 USD in 2017 and 11570 USD in 2018. In 2019 the export price changed to 10240 USD per ton, by -11.483%. In 2022, the approximate price range for Sri Lankan Cinnamon is between 10240 USD and 11570 USD per ton. The average import price of cinnamon stands at $12,483/ton in 2021, down 5.7%. 

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

The most expensive forms of Sri Lankan Ceylon cinnamon are cinnamon sticks and cigarette cinnamon due to their easy use and good-looking appearance. Split and broken cinnamon are though not well looking but they are hard-to-break and more easily delivered.

3.2. The reason why Sri Lankan cinnamon price is much higher than other cinnamon varieties in the world

Some reasons why cinnamon Sri Lanka is expensive:

• Unique Sri Lankan cinnamon industry: Cinnamon grown and processed in Sri Lanka has a long-standing reputation in the international market for its superior quality, colour, flavour, and aroma. Sweeter taste, more delicate hue, and especially, lower Coumarin content than any Ceylon cinnamon in other countries result in expensive prices as well. 
• Rare and difficult to produce: Ceylon cinnamon Sri Lanka is a rare and difficult to produce spice derived from the dried inner bark of the Sri Lankan cinnamon tree that grows only in Sri Lanka. Cinnamon Sri Lanka is difficult to manufacture. Even the most skilled cinnamon peelers can only produce a few pounds of quills per day. Sri Lankan cinnamon industry also faces labour shortage because many workers have migrated to other nations. 
• Logistic cost: Modern technology and ships of Sri Lanka for the transportation of cinnamon also require higher transportation expenses but ensure the best quality of cinnamon.

However, the price of Sri Lankan cinnamon is declining

• Cinnamon export policy: Cinnamon Sri Lanka export policy has few procedures along with a reasonable transportation tax that is suitable for businesses. Consequently, the cinnamon export price is going to be much more easily affordable. 
• Sri Lanka cinnamon production technology: Cinnamon factories in Sri Lanka are using modern technology and machines in cinnamon production to reduce labour costs while keeping the cinnamon quality guaranteed.

4. Sri Lankan cinnamon suppliers

Here are some features of suppliers of cinnamon Sri Lanka that you can refer to.

4.1. Sri Lankan cinnamon suppliers’ features

Cinnamon suppliers in Sri Lanka have a unique Sri Lanka cinnamon production and processing method that is carried out by trained processors. Only from these Sri Lankan suppliers is the cinnamon trading reliable and reputable. Let’s get to know who these suppliers are.

• The cinnamon suppliers mainly are in the form of household or business corporations. 
• Cinnamon Sri Lanka is widely grown across the whole country. However, the most quality cinnamon is located in areas of Kandy, Matale, Belihuloya, Haputale, Horton plain and the forest range Sinharaja. If you want to seek reliable and recognized cinnamon suppliers from Sri Lanka, search for information related to these places.
• Export Sri Lankan cinnamon, only the large companies can make it well, so if you need to import cinnamon, you should look for those big firms to ensure their cinnamon and export quality.

4.2. Be careful of Sri Lankan cinnamon trading risk 

Even if you have discovered where to buy cinnamon, it is critical to verify its legitimacy. The scam of cinnamon Sri Lanka suppliers is now available with some warning signs like unclear business and contact information, payment pushing to force importers to make quick payments so they can obtain the money and then run away, or they offer low prices but plenty of benefits and the delivery time is so unclear. Then you need to be careful with these signs to make wholesale cinnamon transactions with Sri Lanka cinnamon.

4.3. Some famous cinnamon suppliers in Sri Lanka

Let’s find out some reputable cinnamon Sri Lanka suppliers.

• Rathna Producers Cinnamon Exports: Rathna Producers Cinnamon Exports (Pvt) Ltd is one of the largest Cinnamon exporters in Sri Lanka having exported cinnamon to more than 50 countries. Cinnamon is collected from the own farms of 8000 farmers, and every stage of production from cultivation to processing is strictly monitored for quality standards. This Sri Lankan cinnamon company provides you with reasonable shipping costs, clear purchasing and shipping policies, full of the necessary information for importers. The business’s customer care service is also highly appreciated for the quick response and optimal information provision.
• New Lanka Cinnamon Pvt Ltd: This Sri Lankan cinnamon company began operations in 1980, gathering cinnamon from a variety of local vendors before expanding into export activities in 2010. The development activity of New Lanka Cinnamon Pvt Ltd has shown to effectively deliver the best grade cinnamon internationally. Currently, the company exports 1,000 tons per year to the world. New Lanka Cinnamon Pvt Ltd deserves to be one of the most dependable respectable Sri Lankan cinnamon suppliers due to its successful business, high standard product quality, low cost, and convenient shipping policy for buyers.
• Lak Cinnamon Planters & Exporters: Lak Cinnamon Planters & Exporters is a well-known Sri Lankan cinnamon exporter. Each step of the process is closely monitored to provide high levels of client satisfaction. The company’s products include cinnamon sticks, cigarette cinnamon, and broken cinnamon, among others. Lak Cinnamon’s purchase and export strategy is claimed to be the best in Sri Lanka, with a high reputation, trusted by cinnamon importers in the US and Mexico, and an annual output of more than 1000 tons. The pricing and shipping procedures are also ideal for all importers.