Get price analysis and market insights for South Korea Dried Cinnamon with Tridge.
Wholesale prices of Dried Cinnamon in South Korea
Recent wholesale prices
Over the past 4 weeks, the wholesale price of South Korea Dried Cinnamon has typically been between $4.46 and $7.28 USD per kg, or $2.02 to $3.30 USD per pound (lb).
These prices are based on reports from regions such as Changwon-si, Namdong-gu, Wonju-si, Iksan-si, Bupyeong-gu
Period
Period
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
Past 4 weeks
$4.46/kg
$2.02/lb
$7.28/kg
$3.30/lb
Historical wholesale price trends
The wholesale price of South Korea Dried Cinnamon has experienced fluctuations over the past two years, reflecting changing market conditions in the market. In 2023, wholesale prices varied between $4.52 USD per kg and $6.18 USD per kg. By 2024, the volatility persisted, with wholesale prices ranging from $4.16 USD to $6.71 USD per kg, highlighting ongoing price variability for South Korea Dried Cinnamon.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$4.16/kg
$1.89/lb
$6.71/kg
$3.04/lb
2023
$4.52/kg
$2.05/lb
$6.18/kg
$2.80/lb
2022
$4.21/kg
$1.91/lb
$6.59/kg
$2.99/lb
Recently updated wholesale prices
Recent wholesale price of Dried Cinnamon in South Korea was 70,000 KRW per Box (10 kg), reported on 2025-01-17 for the following specification: Excellent Quality(grade).
See the table below for more recent wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-01-17
Excellent Quality(grade)
$4.81/kg
KRW 70,000/Box (10 kg)
2025-01-11
-
$4.94/kg
KRW 3,640/Bag (0.5 kg)
2025-01-09
Excellent Quality(grade)
$4.43/kg
KRW 97,000/Box (15 kg)
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Import prices of Dried Cinnamon in South Korea
Historical import price trends
The import prices of Dried Cinnamon to South Korea have risen over the past two years due to changes in market supply and demand. In 2023, import prices ranged from $2.55 to $25.65 USD per kg. By 2024, these prices had increased to a range of $21.07 to $30.22 USD per kg, reflecting ongoing growth in the import price of Dried Cinnamon to South Korea.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$21.07/kg
$9.56/lb
$30.22/kg
$13.71/lb
2023
$2.55/kg
$1.16/lb
$25.65/kg
$11.63/lb
2022
$18.50/kg
$8.39/lb
$24.95/kg
$11.32/lb
Recent import records
On 2024-12-05, Dried Cinnamon reported as “[Saigon cinnamon(줄기껍질,건조)] 사이공 시나몬 스틱 [#1266615]__SAIGON CINNAMON STICKS” was imported by a company in South Korea from a company in Vietnam.
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
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FAQ for Dried Cinnamon price in South Korea
What is the HS code for Dried Cinnamon?
The HS code for Dried Cinnamon is 090610 - Spices; cinnamon and cinnamon-tree flowers, neither crushed nor ground, 090611 - Spices; cinnamon (Cinnamomum zeylanicum Blume), neither crushed nor ground, 090619 - Spices; cinnamon and cinnamon-tree flowers, other than cinnamon (Cinnamomum zeylanicum Blum.
What varieties are there for Dried Cinnamon in South Korea?
Tridge offers domestic price data for a range of Dried Cinnamon varieties, including Unspecified, Cassia, Korintje. For Dried Cinnamon in South Korea, price data is available for varieties such as Unspecified.
Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for South Korea Dried Cinnamon calculated?
The low and high prices are calculated from South Korea data for Dried Cinnamon during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much price data is available for Dried Cinnamon on Tridge?
In the past 6 months, 58 Dried Cinnamon price entries were updated for South Korea. Visit our Data Availability page for more detailed information.
How much transaction data is there for Dried Cinnamon in South Korea in Tridge?
We have 15 transaction records for Dried Cinnamon in South Korea. Visit our About Transaction Data page to explore its features.
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