Algeria: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in Algeria

The Algerian nutmeg, mace and cardamom market rose notably to $X in 2022, picking up by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a prominent increase. Nutmeg, mace and cardamom consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Nutmeg, Mace And Cardamoms

Exports from Algeria

In 2021, the amount of nutmeg, mace and cardamoms exported from Algeria stood at X kg, approximately equating 2020. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2016 when exports increased by 100%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, nutmeg, mace and cardamom exports amounted to $X in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 136%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

Exports by Country

France (X kg) was the main destination for nutmeg, mace and cardamom exports from Algeria, accounting for a approx. 50% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to France was relatively modest.

From 2015 to 2021, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

The average nutmeg, mace and cardamom export price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the export price saw a pronounced descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Nutmeg, Mace And Cardamoms

Imports into Algeria

In 2022, after two years of growth, there was significant decline in supplies from abroad of nutmeg, mace and cardamoms, when their volume decreased by -11.5% to X tons. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 527% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, nutmeg, mace and cardamom imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 778% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest nutmeg, mace and cardamom supplier to Algeria, accounting for a 46% share of total imports. Moreover, nutmeg, mace and cardamom imports from Indonesia exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), twofold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia totaled +56.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+35.3% per year) and the United Arab Emirates (-4.4% per year).

In value terms, the largest nutmeg, mace and cardamom suppliers to Algeria were Indonesia ($X), the United Arab Emirates ($X) and India ($X), together comprising 88% of total imports.

Among the main suppliers, Indonesia, with a CAGR of +89.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average nutmeg, mace and cardamom import price amounted to $X per ton, rising by 35% against the previous year. Over the period under review, the import price enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 74%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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