Vietnam is the world’s third largest producer and exporter of cinnamon in terms of output, after Indonesia and China.
With an area of more than 150,000 hectares, growing cinnamon trees is currently a livelihood for hundreds of thousands of households in remote and remote provinces, and at the same time contributes to the socio-economic development of many localities.
According to a report by the Food and Agriculture Organization of the United Nations (FAO), Vietnam’s total cinnamon production reached more than 41,400 tons, accounting for 17% of global production.
The annual global demand for cinnamon is increasing rapidly, about 8% to 12%, causing the price of cinnamon to increase more and more, especially from 2016 until now.
For 2022 , the crop of cinnamon will come at April. The price of split cassia, broken cassia and cassia powder rather stable.
For stick cassia and cigarettes cassia, its need more time for worker to processing the material so the price is higher than .
Also the demand strong from EU, Asia and Middle East nowaday is stronger, So please contact with us for future delivery of cinnamon
Hope this information helpful for all !