Cinnamon in bulk is a common spice with various amazing benefits for our health. Therefore, many companies are keen on incorporating this product into their business plan.
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A general look at cinnamon in bulk
Cinnamon in bulk is made from various parts of the cinnamon tree, such as barks, branches, roots, leaves, and wood.
On the market, consumers and traders can encounter seven major types of cinnamon in bulk, including:
- Tube cinnamon
- Cigarette cinnamon
- Stick cinnamon
- Split cinnamon
- Broken cinnamon
- Cinnamon oil
- Cinnamon powder
There are two main varieties of cinnamon in bulk, namely Cassia and Ceylon. Cassia is more affordable with a thick, rough texture and stronger taste. Meanwhile, Ceylon is rarer and much more expensive. It is also thinner and has a sweeter, milder flavor.
According to the Observatory of Economic Complexity, in 2019, the USA, India, and India were the three countries importing the largest volumes of cinnamon in bulk, accounting for almost 40% of the world’s import value.
Biggest exporters of cinnamon in bulk
Indonesia, China, Vietnam, and Sri Lanka were the four major exporters of cinnamon due to their enormous outputs in 2020. The first three countries mainly produce and export Cassia cinnamon, while Sri Lanka has been a dominant supplier of Ceylon cinnamon.
Indonesia
Indonesia ranked first among the four countries, its output being over 91,000 tonnes. Apart from favorable natural conditions for growing cinnamon, Indonesia’s long-term trade relations with the USA greatly benefit the country’s cinnamon exports activities.
China
China was the second-largest producer of cinnamon in bulk. In 2020, it yielded over 72,000 tonnes of cinnamon. A considerable percentage of China’s cinnamon is for domestic use. Therefore, despite its large production capacity, the country’s export value is lower than that of Vietnam.
Vietnam
As the third-biggest cinnamon in bulk supplier, Vietnam produced more than 31,000 tonnes in 2020. Many customers prefer Vietnamese Cassia cinnamon, as its flavor is stronger and sweeter than its Indonesian and Chinese counterparts.
Sri Lanka
Sri Lanka almost exclusively produces and exports Ceylon cinnamon. It yielded almost 23,000 tonnes of cinnamon in bulk in 2020, but Ceylon’s high price has boosted its export value significantly. As a result, thought having the lowest output among the four countries, Sri Lanka came second in terms of value.
Factors influencing the price of cinnamon in bulk
Cinnamon in bulk can experience a surge or decline in its price due to the following factors:
- Demands: In the cold season or festive months, the demand for cinnamon in bulk as a spice and medicinal herb, leads to a price increase.
- Supply: From February to March and from August to September are the two main harvesting periods. During these months, the cinnamon prices can decrease due to the abundant supply
- Unexpected incidents: There are various undesirable events that can disrupt the supply chain or shipment, causing growth in cinnamon price, such as piracy, natural disasters, or pandemics.
- Shipment and storage facilities: The technologies and infrastructure needed to transport cinnamon in bulk and maintain standard moisture and temperature can strongly boost its price
- Governmental policies and trade agreements: A government’s agreements with other countries and organizations can remove tariffs, taxes, and other legal barriers to lower cinnamon prices.
Top cinnamon in bulk suppliers
To get access to the finest supplies of cinnamon in bulk, you should consider working with the following prestigious cinnamon distributors.
K-Agriculture from Vietnam
This company, one of the top cinnamon exporters, was founded in 1996 and since then, it has been a well-known pioneer in the field of exporting cinnamon in bulk, together with various other Vietnamese agricultural products. K-Agriculture values its customers’ satisfaction and guarantees that its cinnamon products are safe and of high quality.
Rempah Sari from Indonesia
Rempah Sari is a reputable Indonesian cinnamon distributor. The company specializes in Cassia products with a wide range of options for its international clients.
Jining Sunagro Trade from China
Jining Sunagro Trade is a famous cinnamon distributor in China. Its products adhere to Global GAP standards. They also possess certificates from ETI, GRASP, and SGS.