What is the price of cinnamon per kilogram/pound in Canada today, November 27th?
The retail price range for Canada cinnamon is between US$ 2 and US$ 6 per kilogram or between US$ 0.91 and US$ 2.72 per pound(lb). Click here to see today's exact prices of cinnamon in Canada
The retail price range in Canadian Dollar for cinnamon is between CAD 2.7 and CAD 8.1 per kilogram or between CAD 1.22 and CAD 3.67 per pound(lb) in Ottawa and Montréal.
In 2023, the approximate wholesale price range for Canada cinnamon is between US$ 2.1 and US$ 4.2 per kilogram or between US$ 0.95 and US$ 1.9 per pound(lb).
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Canada Cinnamon Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cinnamon from Canada over the last five years has been relatively stable. In 2017, the price was 3.61 US$ per kg, followed by 3.56 US$ per kg in 2018. In 2019, the price increased to 3.99 US$ per kg, and then to 4.25 US$ per kg in 2020. The highest price was recorded in 2021, at 4.91 US$ per kg, and the most recent price was 5.18 US$ per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Cinnamon from Canada will be 5.35 US$ per kg in 2023 and 5.52 US$ per kg in 2024.
The exports of cinnamon from Canada are categorised as:
- Cinnamon and cinnamon-tree flowers (excluding crushed and ground) (HS code 090610)
- Cinnamon (incl flowers), not crushed, not ground (HS code 0906XX)
- Cinnamon and cinnamon-tree flowers (excluding cinnamon "Cinnamomum zeylanicum Blume" and crushed and ground cinnamon) (HS code 090619)
- Cinnamon "Cinnamomum zeylanicum Blume" (excluding crushed and ground) (HS code 090611)
- Crushed or ground cinnamon and cinnamon-tree flowers (HS code 090620)
Canada Cinnamon Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cinnamon into Canada has seen a steady increase over the last five years. In 2017, the price was $3.61, and in 2021, it was $4.91, representing an increase of 36%. The highest price was recorded in 2021 at $4.91, while the lowest was in 2014 at $3.66. The price in 2020 was $4.25, and in 2022 it was $5.18. Based on this trend, it is predicted that the price of Cinnamon in 2023 will be around $5.55 and in 2024 it will be around $5.93.
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Export values for Canada cinnamon
The total values in export for cinnamon in Canada were US$ 446, US$ 679, US$ 726 and US$ 602 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.