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21/10/2026
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VIETNAMESE CINNAMON PRICES IN OCTOBER 2026: FARM-GATE PRICES REMAIN LOW – WHAT SHOULD IMPORTERS KNOW?

Vietnamese cinnamon prices in October 2026 remain generally stable. Cinnamon export value continues to grow, while farm-gate purchasing prices remain below levels seen in previous years. As many growers tend to hold back their stock while waiting for better prices, importers preparing orders for Q4 should engage with suppliers early to agree on specifications, moisture content, and quality standards. This helps secure suitable supplies and reduce the risk of delivery delays.

Vietnamese Cinnamon Prices in October 2026
Vietnamese Cinnamon Prices in October 2026

Vietnamese Cinnamon Prices in October 2026: Three Key Market Signals

1. Export value continues to increase.

According to VPSA, Vietnam exported 93,231 tons of cinnamon in the first nine months of 2026, generating USD 239.1 million in revenue, up 4.8% in value year-on-year. The average export price remained broadly stable at around USD 2,560 per ton. This figure represents an average across all product specifications, so the export price of each shipment still depends on the cinnamon type, size, and moisture content.

Vietnamese cinnamon prices
Vietnamese cinnamon prices

2. Farm-gate purchasing prices are lower than in previous years.

In major growing areas such as Tra Bong, Quang Ngai, the price of fresh cinnamon bark at the beginning of the 2026 harvest season was significantly lower than in previous years. Many growers have been harvesting cautiously and holding stock while waiting for prices to improve. If this situation continues, raw cinnamon supply in subsequent harvests may fluctuate. Importers should therefore discuss longer-term supply plans with suppliers in advance.

3. Export market composition is shifting.

India remains the largest buyer, accounting for 39.5% of Vietnam’s cinnamon export volume in the first nine months of the year, while exports to the United States increased by 29.3% over the same period. Vietnamese cinnamon is gaining greater acceptance in markets with stricter quality and traceability requirements.

What Should Cinnamon Importers Consider When Selecting Suppliers?

When demand remains steady and farm-gate prices are low, differences between suppliers often come down to product quality and shipment consistency. Rather than comparing prices alone, importers should agree on three key points in advance:

  • Product specifications: Cinnamon sticks, cut cinnamon, cinnamon quills, and cinnamon chips have different price levels and end-use applications.

  • Moisture content and foreign matter: These affect product quality during sea freight and the risk of mold. Importers should request laboratory test reports when necessary.

  • Delivery schedule: New-harvest supplies are concentrated in the second half of the year, so confirming delivery schedules early helps avoid last-minute disruptions.

Overall, the cinnamon market remains stable in export value but shows price differences across products and suppliers. Working early with experienced suppliers can help importers reduce sourcing risks as new-harvest supplies enter the market.

Read more: [Cinnamon Export Standards for International Markets] to learn about common product specifications.

Key Factors to Monitor Through Early 2027

Rather than providing a specific price forecast, we recommend that importers monitor four factors that may affect Vietnamese cinnamon export prices:

  • Supply from growing areas: If farm-gate prices remain low and growers continue holding back stock, prices in subsequent harvests may fluctuate considerably.

  • Demand from India: Monthly import volumes from this market can vary significantly, meaning even a relatively small change may affect overall price levels.

  • The United States and the Americas: Strong growth in these markets helps diversify supply demand while creating higher expectations for product quality and traceability documentation.

  • International freight costs: Ocean freight rates and vessel schedules can change delivery costs and should be considered when agreeing on FOB or CIF terms.

These are factors to monitor, not a price forecast. The actual price of each shipment should be confirmed directly with the supplier.

Viet Linh Agrimex: Your Vietnamese Agricultural Export Partner

Viet Linh Agrimex specializes in the import and export of Vietnamese agricultural products and has experience working with international importers. We understand that every order has specific requirements for product specifications, quality, packaging, and delivery schedules, and we are ready to discuss these needs in detail to propose suitable solutions.

If your business is looking for a reliable source of export-quality cinnamon from Vietnam, contact us for consultation and a quotation tailored to your specific order requirements.

  • Hotline: +84 345 128 188

  • Email: cskh@vietlinhagrimex.vn

Please include your required specifications, order volume, destination market, and preferred delivery terms so we can respond as quickly as possible.