Sri Lanka’s Ceylon Cinnamon exports could grow from USD 250 million to USD 1 billion as global demand for organic spices and value-added products continues to rise.
Sri Lanka’s globally acclaimed Ceylon Cinnamon is on the verge of becoming a billion-dollar export industry, according to leading spice industry experts. Rising consumer demand for organic ingredients, expanding international markets, and greater investment in value-added processing are expected to transform the country’s cinnamon sector over the next decade.
Speaking at a recent industry conference in Colombo, *Chathura Abeyratne, Director and COO of Joint Agri Products Ceylon, said Sri Lanka has the capacity to command up to *90% of the global trade in true cinnamon if production, branding, and supply chain infrastructure are strengthened.
Currently generating nearly USD 250 million in annual export earnings, the industry could surpass USD 1 billion within five to ten years through coordinated efforts by government agencies and private investors.
Global Demand for Organic and Healthy Foods Fuels Growth
Consumer preferences across North America and Europe are rapidly shifting toward natural, organic, and sustainably sourced ingredients. The United States and Europe remain among the world’s largest organic food markets, valued at approximately USD 80 billion and USD 60 billion, respectively.
This growing preference for healthier lifestyles is increasing demand for premium ingredients such as Ceylon Cinnamon, creating new opportunities for Sri Lankan exporters to expand beyond traditional spice trading into food processing, beverages, nutraceuticals, and wellness products.
