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World - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Overview of the Global Market for Nutmeg, Mace And Cardamoms

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Market Size for Nutmeg, Mace And Cardamoms

The global nutmeg, mace and cardamom market surged to $X in 2019, increasing by X% against the previous year. In general, the total consumption indicated prominent growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the global market attained the peak level in 2019 and is expected to retain growth in the immediate term.

Production of Nutmeg, Mace And Cardamoms

In value terms, nutmeg, mace and cardamom production skyrocketed to $X in 2019 estimated in export prices. Overall, production posted a strong increase. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Global production peaked in 2019 and is expected to retain growth in years to come.

The countries with the highest volumes of nutmeg, mace and cardamom production in 2019 were Guatemala (X tonnes), Indonesia (X tonnes) and India (X tonnes), together accounting for X% of global production. These countries were followed by Nepal, Sri Lanka, Lao People's Democratic Republic and Myanmar, which together accounted for a further X 2007 to 2019, the biggest increases were in Sri Lanka, while nutmeg, mace and cardamom production for the other global leaders experienced more modest paces of growth.

In 2019, the global average nutmeg, mace and cardamom yield shrank slightly to X kg per ha, reducing by -X% compared with 2018 figures. Overall, the yield showed a mild decline. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. The global yield peaked at X kg per ha in 2008; however, from 2009 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of nutmeg, mace and cardamoms production worldwide rose to X ha, with an increase of X% on 2018 figures. The harvested area increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when the harvested area increased by X% year-to-year. The global harvested area peaked in 2019 and is likely to continue growth in the near future.

Production By Country

The countries with the highest volumes of nutmeg, mace and cardamom production in 2019 were Guatemala (X tonnes), Indonesia (X tonnes) and India (X tonnes), together comprising X% of global production. Nepal, Sri Lanka, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Sri Lanka, while nutmeg, mace and cardamom production for the other global leaders experienced more modest paces of growth.

Exports of Nutmeg, Mace And Cardamoms

Exports

In 2019, overseas shipments of nutmeg, mace and cardamoms increased by X% to X tonnes, rising for the second year in a row after three years of decline. Overall, total exports indicated a moderate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, global exports hit record highs in 2019 and are likely to see steady growth in the immediate term.

In value terms, nutmeg, mace and cardamom exports soared to $X in 2019. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, global exports reached the maximum in 2019 and are expected to retain growth in years to come.

Exports by Country

Guatemala (X tonnes) and Indonesia (X tonnes) were the main exporters of nutmeg, mace and cardamoms in 2019, recording near X% and X% of total exports, respectively. It was distantly followed by India (X tonnes), committing a X% share of total exports. The following exporters - Nepal (X tonnes), Sri Lanka (X tonnes), Myanmar (X tonnes), the Netherlands (X tonnes), the United Arab Emirates (X tonnes) and Viet Nam (X tonnes) - together made up X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Myanmar, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Guatemala ($X) remains the largest nutmeg, mace and cardamom supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by India, with a X% share.

In Guatemala, nutmeg, mace and cardamom exports increased at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+X% per year) and India (+X% per year).

Export Prices by Country

In 2019, the average nutmeg, mace and cardamom export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, export price indicated a remarkable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, nutmeg, mace and cardamom export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure in 2019 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Guatemala ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Guatemala, while the other global leaders experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports

In 2019, supplies from abroad of nutmeg, mace and cardamoms increased by X% to X tonnes, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum at X tonnes in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, nutmeg, mace and cardamom imports soared to $X in 2019. Overall, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum in 2019 and are likely to continue growth in years to come.

Imports by Country

India (X tonnes) and Saudi Arabia (X tonnes) represented roughly X% of total imports of nutmeg, mace and cardamoms in 2019. It was distantly followed by Pakistan (X tonnes) and the U.S. (X tonnes), together making up an X% share of total imports. Germany (X tonnes), Ghana (X tonnes), the Netherlands (X tonnes), the United Arab Emirates (X tonnes), Egypt (X tonnes), Jordan (X tonnes), Israel (X tonnes), the UK (X tonnes) and Syrian Arab Republic (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Israel, while imports for the other global leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), India ($X) and the U.S. ($X) constituted the countries with the highest levels of imports in 2019, with a combined X% share of global imports. Germany, the Netherlands, Egypt, Jordan, the United Arab Emirates, the UK, Pakistan, Syrian Arab Republic, Israel and Ghana lagged somewhat behind, together comprising a further X terms of the main importing countries, Israel saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average nutmeg, mace and cardamom import price amounted to $X per tonne, picking up by X% against the previous year. Overall, import price indicated strong growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, nutmeg, mace and cardamom import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2019 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while Ghana ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?
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The countries with the highest volumes of nutmeg, mace and cardamom consumption in 2019 were India (23K tonnes), Indonesia (12K tonnes) and Saudi Arabia (9.4K tonnes), together comprising 46% of global consumption. These countries were followed by Pakistan, Nepal, the U.S., Ghana, Lao People's Democratic Republic, Germany, Egypt, Israel, Jordan and Syrian Arab Republic, which together accounted for a further 27%.
What are the largest producers of nutmeg, mace and cardamoms in the world?
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The countries with the highest volumes of nutmeg, mace and cardamom production in 2019 were Guatemala (39K tonnes), Indonesia (38K tonnes) and India (17K tonnes), together accounting for 80% of global production. Nepal, Sri Lanka, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together comprising a further 14%.
What are the leading exporters of nutmeg, mace and cardamoms in the world?
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In value terms, Guatemala ($650M) remains the largest nutmeg, mace and cardamom supplier worldwide, comprising 60% of global exports. The second position in the ranking was occupied by Indonesia ($159M), with a 15% share of global exports. It was followed by India, with a 7.4% share.
What are the leading importers of nutmeg, mace and cardamoms in the world?
+
In value terms, Saudi Arabia ($186M), India ($94M) and the U.S. ($39M) constituted the countries with the highest levels of imports in 2019, together accounting for 40% of global imports. These countries were followed by Germany, the Netherlands, Egypt, Jordan, the United Arab Emirates, the UK, Pakistan, Syrian Arab Republic, Israel and Ghana, which together accounted for a further 29%.
What is the average export price for nutmeg, mace and cardamoms in the world?
+
The average nutmeg, mace and cardamom export price stood at $11,693 per tonne in 2019, growing by 34% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in the world?
+
The average nutmeg, mace and cardamom import price stood at $11,154 per tonne in 2019, growing by 10% against the previous year.

Product coverage:
• FCL 702 - Nutmeg, mace, cardamoms

This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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