Sri Lankan Ceylon cinnamon is known worldwide for its premium quality, sweet taste, rich aroma, and its health properties. It is the largest sector within the Sri Lankan spice industry. It is also one of the oldest sectors in the country in which the supply chain has traditionally been largely segregated, requiring the participation of multiple agents.
With the introduction of the younger generation of suppliers, however, there is a growing movement toward minimizing the involvement of multiple actors within the supply chain. Despite some limitations, the market also exhibits growth potential for importers to enter into the market.
Tridge has collaborated with producer/exporters World de Sence and UNK Trading to shed light on the supply value chain, price settlement factors, export landscape, and 2020 market outlook of the Sri Lankan cinnamon industry.
The report includes information on the quality standards, main actors of the supply chain and their roles, the cost and margin structure, farm gate and export prices, financiers in the market, recent trends in exports, regulations, bottlenecks for exports, recent developments in the market as well as the harvest estimate and market outlook for the 2020 season. Lastly, with this report, Tridge offers our own assessment of the market for potential suppliers and buyers entering the market.