World - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Nutmeg market: find newly released statistics enhanced by an Ai-driven BI tool. Information contain consumption, production, market size, exports, companies, trade, market prices, and imports. Here is a split by region, including the U.K., the Middle East, Africa, Latin America, China, the U.S., EU, and Russia. Market insights and outlook to 2030 are also provided in the reports.
Nutmeg - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | India |
| 2 | Saudi Arabia |
| 3 | United Arab Emirates |
| 4 | Indonesia |
| 5 | Bangladesh |
In value terms, India led the market, alone. The second position in the ranking was occupied by Saudi Arabia. It was followed by the United Arab Emirates.
From 2018 to 2020, the average annual rate of growth in terms of value in India stood at +12.6%. The remaining consuming countries recorded the following average annual rates of market growth: Saudi Arabia (+32.5% per year) and the United Arab Emirates (+39.5% per year).
Nutmeg, Mace And Cardamom Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Myanmar | 4063 | 3345 | 3642 | -5.3% |
| Nepal | 8213 | 7277 | 6771 | -9.2% |
| Indonesia | 4570 | 6214 | 7699 | 29.8% |
| Sri Lanka | 8083 | 7097 | 7934 | -0.9% |
| India | 10831 | 12706 | 15050 | 17.9% |
| Netherlands | 12117 | 13968 | 15492 | 13.1% |
| Guatemala | 11781 | 17632 | 19613 | 29.0% |
| Average | 8836 | 11943 | 13331 | 22.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Guatemala ($19,613 per ton), while Myanmar ($3,642 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Saudi Arabia | 13774 | 19052 | 28139 | 42.9% |
| United Arab Emirates | 11451 | 16430 | 18326 | 26.5% |
| Jordan | 11507 | 15734 | 17205 | 22.3% |
| United Kingdom | 11139 | 12905 | 16166 | 20.5% |
| Bangladesh | 10457 | 16161 | 15575 | 22.0% |
| Germany | 10444 | 11921 | 14341 | 17.2% |
| Singapore | 11336 | 15512 | 14306 | 12.3% |
| Netherlands | 9446 | 11379 | 13885 | 21.2% |
| Egypt | 10923 | 13911 | 12445 | 6.7% |
| United States | 9841 | 10546 | 12265 | 11.6% |
| India | 8777 | 9263 | 8921 | 0.8% |
| Pakistan | 4066 | 4608 | 4841 | 9.1% |
| Ghana | 914 | 569 | 482 | -27.4% |
| Average | 10188 | 12866 | 14354 | 18.7% |
Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($28,139 per ton), while Ghana ($482 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other global leaders experienced more modest paces of growth.
Nutmeg, Mace and Cardamom - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Saudi Arabia | 0.1 | 0.2 | 0.3 | 48.2% |
| United Arab Emirates | 0.1 | 0.2 | 0.2 | 37.7% |
| India | 0.07 | 0.09 | 0.09 | 14.0% |
| Bangladesh | 0.05 | 0.07 | 0.07 | 17.7% |
| United States | 0.04 | 0.04 | 0.06 | 24.8% |
In value terms, the largest nutmeg, mace and cardamom importing markets worldwide were Saudi Arabia ($308M), the United Arab Emirates ($210M) and India ($91M), with a combined 46% share of global imports. These countries were followed by Bangladesh, the United States, the Netherlands, Germany, Jordan, the UK, Egypt, Singapore, Pakistan and Ghana, which together accounted for a further 28%.
In terms of the main importing countries, Ghana (+233.6% per year) 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.
Nutmeg, Mace and Cardamom - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Guatemala | 0.4 | 0.7 | 0.7 | 30.7% |
| Indonesia | 0.1 | 0.2 | 0.2 | 31.9% |
| India | 0.1 | 0.08 | 0.1 | 21.4% |
| Nepal | 0.04 | 0.03 | 0.05 | 16.4% |
| Netherlands | 0.03 | 0.03 | 0.05 | 27.3% |
In value terms, Guatemala ($741M) remains the largest nutmeg, mace and cardamom supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Indonesia ($223M), with a 16% share of global exports. It was followed by India, with a 11% share.
From 2018 to 2020, the average annual rate of growth in terms of value in Guatemala totaled +30.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+31.9% per year) and India (+21.4% per year).
Nutmeg, Mace and Cardamom - Market Forecast
Driven by increasing demand for nutmeg, mace and cardamom worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Nutmeg, Mace and Cardamom - Top Companies
AJINOMOTO CO., INC., McCormick & Company Incorporated, H.J. Heinz Supply Chain Europe B.V., FRUTAROM INDUSTRIES LTD, S&B FOODS INC., HOUSE FOODS CORPORATION, K+s Montana Holdings, LLC, K+s Salt LLC, KIKKOMAN FOOD PRODUCTS COMPANY, Griffith Foods Group Inc., Dongwon Home Food Co., LTD., OLAM VIETNAM LIMITED - DAK NONG FACTORY, Mizkan America Holdings, Inc, IKEDA TOHKA INDUSTRIES CO., LTD., MC FOOD SPECIALTIES INC., JM Swank, LLC, ARIAKE JAPAN CO., LTD., YAMASA CORPORATION, Inner Mongolia Lantai Industrial Co., Ltd., EBARA FOODS INDUSTRY,INC.
Nutmeg - Product Coverage
- HS 0908 - Nutmeg, mace and 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 2030.
Product coverage:
- FCL 702 - Nutmeg, mace, cardamoms
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ the largest producing countries
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- 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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
3662
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8249
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3714
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
