Top 9 Cinnamon Suppliers in Thailand in Week 10 of 2025: Market Trends, Export Data & Supplier Insights

Introduction – Thailand’s Cinnamon Market: A Quantitative Overview

Cinnamon may not be the first export that comes to mind when you think of Thailand, but the country is quietly making strides in this aromatic spice’s global trade. In 2023, Thailand exported cinnamon worth approximately $702,000, a staggering 134% increase from the year before[^1]. However, despite this growth, Thailand still ranks 38th globally in cinnamon exports—far behind cinnamon powerhouses like Vietnam and China[^1][^9].

What’s fascinating is the surge in Thailand’s domestic cinnamon market, which hit $6.5 million in 2024, marking a 23% year-on-year growth[^5]. This kind of market behavior underscores the importance of a data-driven approach for businesses sourcing cinnamon—especially when choosing the right suppliers.

Platforms like Freshdi provide real-time market insights, supplier verification, and RFQ trend analysis to help buyers make smarter decisions in this dynamic environment.

Deep Dive – Key Production, Export Statistics & Current Demand Data

Thailand’s cinnamon sector tells a story of a country that imports more than it exports, yet is experiencing a steady shift.

Core Production & Export Data

Export Value (2023): $702,000[^7]
Export Growth: 134% increase from 2022[^7]
Import Value (2023): $6.25 million[^1]
Main Import Sources: Indonesia ($3.52M), Vietnam ($2.19M), China ($241k)[^1]

Top Export Destinations (2023)

United States – $115,000
Vietnam – $66,600
Maldives – $42,700
Denmark – $42,100
Malaysia – $29,200[^1][^2]

Cinnamon Demand Trends

According to RFQ data from Freshdi, buyer interest in Thai cinnamon has grown, particularly for:
– Bulk organic cinnamon
– Crushed cinnamon for bakery and beverage use
– Cinnamon essential oil for cosmetics

These trends align with broader global projections. The global cinnamon market, valued at $0.93 billion in 2023, is expected to reach $1.83 billion by 2032, growing at an 8% CAGR[^3].

Top 9 Verified Cinnamon Suppliers in Thailand – Leading Exporters by Volume

These suppliers were selected based on export performance, certifications, and verified buyer reviews on Freshdi.

Thai Peace Pulp (Thailand) Co., Ltd
Known for hybrid spice crops including cinnamon.
Recognized for sustainable farming practices and HACCP certification.
Siam Botanicals Co., Ltd
Specializes in organic cinnamon oil.
Supplies to Europe and North America with Ecocert certification.
Thai Spice Export Co., Ltd
Offers powdered and stick cinnamon for the food and beverage industry.
GMP and ISO 22000 certified.
Chiang Mai Herbs Co., Ltd
Family-run business with a focus on ethically sourced cinnamon.
Strong presence in ASEAN markets.
Oriental Aromatics Thailand
Known for cinnamon extracts used in wellness products.
Exports to over 15 countries.
Bangkok Herb Supply Co., Ltd
Supplies crushed cinnamon to food processors and tea manufacturers.
Halal and Kosher certified.
Green Spice Alliance Co., Ltd
Focus on sustainability and traceability.
Works with smallholder farmers in Northern Thailand.
Tropical Roots Trading
Offers a wide range of cinnamon types, including Saigon and Ceylon.
Expertise in custom spice blends.
Herb King (Thailand) Co., Ltd
Leading exporter of bulk cinnamon to the Middle East.
Noted for its competitive pricing and high purity levels.

Dynamic Ranking Note: Rankings may vary based on seasonal performance. Platforms like Freshdi regularly update metrics such as “Top Supplier of the Month” based on buyer feedback, RFQ volume, and fulfillment reliability.

Market Navigation – Statistical Trends, Price Insights & Export Dynamics

Let’s unpack what the numbers are really saying about Thailand’s cinnamon game.

Export Dynamics

2023 Export Volume: 88 tons, a 105% increase from 2022[^4]
2024 Export Decline: Drop in tonnage due to shifting global demand and domestic consumption[^1]

Key Export Markets by Growth Rate (2020–2023)

Malaysia: +1632% CAGR
United States: Consistent year-on-year growth
Myanmar: Emerging as a new buyer[^1][^4]

Price Insights

2019 Peak Price: $10,427 per ton
2023 Average Price: $8,082 per ton (up 12% YoY)[^1][^4]
2025 Price Range: $6.18–$15.80 per kg wholesale[^9]

While specific seasonal pricing data wasn’t available, historical trends suggest that prices peak during Q4 due to holiday demand in Western markets.

Forecast Outlook

2025 Market Value: $1.76 billion[^8]
2030 Projection: $2.42 billion at 6.5% CAGR[^8]
2032 Projection: $1.94 billion at 7.83% CAGR[^5]

Conclusion – Leveraging Data for Optimized Supply Chains

Thailand may not be a cinnamon superpower (yet), but its cinnamon export trajectory shows promise—especially for buyers looking for quality over quantity.

Here’s what we know:
– Exports surged by 134% in 2023.
– The domestic market is booming with a 23% growth in 2024.
– Key suppliers are stepping up their game with certifications and global reach.

For businesses, the takeaway is clear: don’t just chase the cheapest supply—chase the smartest one. Tools like Freshdi give you the upper hand by providing:
– Verified supplier profiles
– RFQ trends across regions
– Market insights tailored to your sourcing needs

Whether you’re a food processor, wellness brand, or spice trader, Thailand’s cinnamon market offers more than meets the eye—if you know where to look.

Buyer’s Checklist: Cinnamon Sourcing from Thailand

✅ Check supplier certifications (GMP, ISO, Organic)
✅ Use Freshdi to verify supplier history and buyer reviews
✅ Monitor RFQ trends to assess market demand
✅ Compare pricing with seasonal benchmarks
✅ Prioritize suppliers with diversified export destinations

Future Outlook

As global demand for cinnamon continues to rise, Thailand is poised to play a bigger role—especially in high-value segments like:
– Organic and fair-trade cinnamon
– Cinnamon oil for pharma and cosmetics
– Custom spice blends for gourmet retailers

With platforms like Freshdi, buyers can stay ahead of the curve by accessing real-time data, supplier analytics, and verified trade histories.

References

FAQs

1. Is Thailand a major producer of cinnamon?
Not currently. Thailand is primarily an importer of cinnamon but has growing export potential, especially in premium segments.

2. What is the best time to buy cinnamon from Thailand?
Q3 and Q4 generally see increased exports due to global holiday demand, making Q2 a smart buying period to lock in prices.

3. How reliable are Thai cinnamon exporters?
Many Thai suppliers are internationally certified (GMP, ISO, Halal), and platforms like Freshdi offer verified profiles and buyer reviews for added transparency.

4. What types of cinnamon are available in Thailand?
Cinnamon from Thailand includes crushed, powdered, stick, and oil variants—sourced locally or re-exported.

5. Can I source organic cinnamon from Thailand?
Yes, several suppliers like Thai Peace Pulp and Siam Botanicals specialize in certified organic cinnamon products.