Cinnamon Prices in Sri Lanka
| Variety | Market level | Price (US$/kg) | Local (LKR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 10.05 | 3,093 | ▲ 12.6% | ▲ 12.6% | FAOSTAT Producer Prices |
| - | Export (unit value) | 11.17 | 3,437 | ▲ 2.8% | ▲ 2.8% | UN Comtrade (unit value) |
As of June 2026, the cinnamon price in Sri Lanka available is US$ 10.05 per kg (3,093 LKR), up 12.6% year-on-year.
Sri Lanka is the world's leading cinnamon exporter, accounting for 79.9% of global exports in 2024 with 18,547 tonnes valued at US$207.2 million. The country produced 20,587 tonnes of cinnamon, ranking fifth globally and representing 6.1% of world output. The latest farmgate price is US$10.0533 per kg. Sri Lanka maintains a strong net exporter position in the cinnamon market.
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Cinnamon Price History & Trend
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Production, Exports, Imports & HS Codes - cinnamon in Sri Lanka
Sri Lanka is the world's leading cinnamon exporter, accounting for 79.9% of global exports in 2024 with 18,547 tonnes valued at US$207.2 million. The country produced 20,587 tonnes of cinnamon, ranking fifth globally and representing 6.1% of world output. The latest farmgate price is US$10.0533 per kg. Sri Lanka maintains a strong net exporter position in the cinnamon market.
Exports UN Comtrade · 2024
In 2024, Sri Lanka exported $207.2M (18.5 kt) of cinnamon▲ 1.5% YoY. That ranks #1 worldwide (79.9% of global exports).
Export value by year (US$)
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 $3.9M · 1.5%
Annual export data Sri Lanka · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $207.2M | 18.5 kt | $11.17 |
| 2023 | $204.2M | 18.8 kt | $10.87 |
| 2022 | $225.8M | 17.6 kt | $12.83 |
| 2021 | $241.4M | 18.1 kt | $13.33 |
| 2020 | $210.4M | 18.8 kt | $11.18 |
Production FAOSTAT · 2024
Sri Lanka produced 20.6 kt of cinnamon in 2024▼ 8.1% YoY. It ranks #5 among producing countries (6.1% 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.