Spices; Nutmeg Price in Jordan - 2022

Contents:

  1. Spices; Nutmeg Price in Jordan (CIF) - 2022
  2. Spices; Nutmeg Imports in Jordan

Spices; Nutmeg Price in Jordan (CIF) - 2022

The average spices; nutmeg import price stood at $9,909 per ton in 2022, standing approx. at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by less than 0.1% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.

Spices; Nutmeg Imports in Jordan

After three years of growth, supplies from abroad of spices; nutmeg decreased by -8.3% to 128 tons in 2022. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 139 tons, and then declined in the following year.

In value terms, spices; nutmeg imports contracted to $1.3M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, imports attained the peak of $1.4M, and then reduced in the following year.

Import of Spices; Nutmeg in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.01.21.41.39.1%
OthersN/AN/AN/AN/A0%
Total1.01.21.41.39.1%

Top Suppliers of Spices; Nutmeg to Jordan in 2022:

  1. Indonesia (127.7 tons)

Source: IndexBox Market Intelligence Platform

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