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Cinnamon prices rise in a world thirsty for chai and lattes - Nikkei Asia

Beloved spice also finds its way into skin care products and toothpaste

TOKYO -- Cinnamon is growing costlier as consumers across the globe sip more specialty teas and coffees. Puffed Products

Cinnamon prices rise in a world thirsty for chai and lattes -                         Nikkei Asia

In Japan, import prices of cinnamon averaged 499 yen ($4.56) per kilogram in 2019, more than doubling from a decade earlier. High-grade cinnamon for Japan now trades at around 4,000 yen per kilogram, up 30% over five years, according to an official at a specialized trading house.

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Cinnamon prices rise in a world thirsty for chai and lattes -                         Nikkei Asia

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