Cinnamon Prices in Madagascar
| Variety | Market level | Price (US$/kg) | Local (MGA) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| — | Export (unit value) | 2.45 | 10,839 | ▲ 10.7% | ▲ 10.7% | UN Comtrade (unit value) |
As of January 2024, the cinnamon price in Madagascar is US$ 2.45 per kg (10,839 MGA), up 10.7% year-on-year.
Looking to buy cinnamon from Madagascar?
Get a quote now
Cinnamon Price History & Trend
Download & Embed this Data
Use this data freely with attribution to Selina Wamucii.
Get cinnamon price alerts
We'll email you when the Madagascar cinnamon price moves more than 5%.
Sell your cinnamon
Producers, exporters and cooperatives: reach 50,000+ global buyers.
Production, Exports, Imports & HS Codes — cinnamon in Madagascar
Exports UN Comtrade · 2024
In 2024, Madagascar exported $5.1M (2.1 kt) of cinnamon▲ 53.2% YoY. That ranks #3 worldwide (2% of global exports).
Export value by year (US$)
Export volume by year
Top cinnamon exporters worldwide UN Comtrade · 2024
- #1 Sri Lanka $207.2M · 79.9%
- #2 Indonesia $21.1M · 8.1%
- #3 Madagascar $5.1M · 2%
- #4 India $4.7M · 1.8%
- #5 Netherlands $3.9M · 1.5%
Annual export data Madagascar · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $5.1M | 2.1 kt | $2.45 |
| 2023 | $3.3M | 1.5 kt | $2.21 |
| 2022 | $4.3M | 2.1 kt | $2 |
| 2021 | $4.8M | 2.4 kt | $2.02 |
| 2020 | $3.8M | 1.9 kt | $1.94 |
Production FAOSTAT · 2024
Madagascar produced 3.2 kt of cinnamon in 2024▼ 0.3% YoY. It ranks #6 among producing countries (1% of world output).
Production by year (tonnes)
HS Code
cinnamon is traded under Harmonized System code 0906.11. Trade figures above are compiled for this HS heading.
Sources: trade & HS — UN Comtrade; production — FAOSTAT (FAO). Values are official reported figures.