China: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in China

In 2022, the Chinese nutmeg, mace and cardamom market increased by 8.5% to $X, rising for the sixth consecutive year after four years of decline. In general, consumption continues to indicate significant growth. Nutmeg, mace and cardamom consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Nutmeg, Mace And Cardamoms in China

In value terms, nutmeg, mace and cardamom production expanded slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 17% against the previous year. Nutmeg, mace and cardamom production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of nutmeg, mace and cardamoms in China stood at less than X kg per ha in 2022, stabilizing at the previous year's figure. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The nutmeg, mace and cardamom harvested area in China totaled less than X ha in 2022, therefore, remained relatively stable against 2021. In general, the harvested area recorded a relatively flat trend pattern.

Exports of Nutmeg, Mace And Cardamoms

Exports from China

In 2022, shipments abroad of nutmeg, mace and cardamoms decreased by -27.4% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 504%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports declined significantly to $X in 2022. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by 257% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Saudi Arabia (X tons) and Australia (X kg) were the main destinations of nutmeg, mace and cardamom exports from China, together comprising 90% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +43.6%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for nutmeg, mace and cardamoms exports from China, comprising 80% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and Australia (-5.6% per year).

Export Prices by Country

The average nutmeg, mace and cardamom export price stood at $X per ton in 2022, falling by -19.3% against the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 142%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+92.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports into China

In 2022, supplies from abroad of nutmeg, mace and cardamoms increased by 33% to X tons, rising for the sixth year in a row after three years of decline. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 3,198%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, nutmeg, mace and cardamom imports dropped notably to $X in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 4,096% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced markedly in the following year.

Imports by Country

In 2022, Indonesia (X tons) was the main nutmeg, mace and cardamom supplier to China, accounting for a 92% share of total imports. Moreover, nutmeg, mace and cardamom imports from Indonesia exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia stood at +186.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+192.9% per year) and Sri Lanka (+128.0% per year).

In value terms, Indonesia ($X) constituted the largest supplier of nutmeg, mace and cardamoms to China, comprising 95% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia totaled +134.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+115.4% per year) and Sri Lanka (+117.9% per year).

Import Prices by Country

In 2022, the average nutmeg, mace and cardamom import price amounted to $X per ton, reducing by -38.7% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 27% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (-4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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