France: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in France

In 2022, the French nutmeg, mace and cardamom market increased by 3.1% to $X, rising for the fourth consecutive year after four years of decline. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +93.3% against 2018 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the near future.

Exports of Nutmeg, Mace And Cardamoms

Exports from France

In 2022, after three years of decline, there was significant growth in shipments abroad of nutmeg, mace and cardamoms, when their volume increased by 7.2% to X tons. Overall, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 43% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, nutmeg, mace and cardamom exports contracted to $X in 2022. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 13% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), the UK (X tons) and Belgium (X tons) were the main destinations of nutmeg, mace and cardamom exports from France, together comprising 51% of total exports. Italy, Germany, Portugal, the United States, Switzerland, the Netherlands and Spain lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +31.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the United States ($X) and the UK ($X) appeared to be the largest markets for nutmeg, mace and cardamom exported from France worldwide, with a combined 39% share of total exports. Belgium, Germany, Italy, Switzerland, the Netherlands, Portugal and Spain lagged somewhat behind, together accounting for a further 53%.

Among the main countries of destination, Switzerland, with a CAGR of +31.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average nutmeg, mace and cardamom export price amounted to $X per ton, shrinking by -12.6% against the previous year. In general, the export price saw a slight setback. The pace of growth was the most pronounced in 2019 an increase of 25%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 the United States (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nutmeg, Mace And Cardamoms

Imports into France

In 2022, the amount of nutmeg, mace and cardamoms imported into France expanded sharply to X tons, increasing by 9.1% on the previous year's figure. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 15%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, nutmeg, mace and cardamom imports totaled $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of nutmeg, mace and cardamom imports to France, together accounting for 62% of total imports. Guatemala, Germany, Italy, India and Vietnam lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +45.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nutmeg, mace and cardamom suppliers to France were Indonesia ($X), the Netherlands ($X) and Guatemala ($X), together comprising 61% of total imports. Belgium, Germany, India, Italy and Vietnam lagged somewhat behind, together comprising a further 30%.

Italy, with a CAGR of +33.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, with a decrease of -8.3% against the previous year. Overall, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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