Report Update Jan 1, 2025

Grenada - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights

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Grenada: Market for Nutmeg, Mace And Cardamoms 2019

Market Size for Nutmeg, Mace And Cardamoms in Grenada

The revenue of the nutmeg, mace and cardamom market in Grenada amounted to $X in 2018, approximately equating the previous year. Overall, nutmeg, mace and cardamom consumption continues to indicate a relatively flat trend pattern. Over the period under review, the nutmeg, mace and cardamom market reached its maximum level at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Production of Nutmeg, Mace And Cardamoms in Grenada

In value terms, nutmeg, mace and cardamom production totaled $X in 2018 estimated in export prices. Over the period under review, nutmeg, mace and cardamom production continues to indicate prominent growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. In that year, nutmeg, mace and cardamom production reached its peak level of $X. From 2012 to 2018, nutmeg, mace and cardamom production growth remained at a somewhat lower figure.

Average yield of nutmeg, mace and cardamoms in Grenada stood at X kg per ha in 2018, therefore, remained relatively stable against the previous year. Overall, the nutmeg, mace and cardamom yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. In that year, the average nutmeg, mace and cardamom yield reached its peak level of X kg per ha. From 2010 to 2018, the growth of the average nutmeg, mace and cardamom yield remained 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 2018, the total area harvested in terms of nutmeg, mace and cardamoms production in Grenada amounted to X ha, jumping by X% against the previous year. Overall, the total harvested area indicated a resilient increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, nutmeg, mace and cardamom harvested area increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to nutmeg, mace and cardamom production reached its peak figure in 2018 and is likely to see steady growth in the near future.

Exports of Nutmeg, Mace And Cardamoms

Exports from Grenada

In 2018, approx. X tons of nutmeg, mace and cardamoms were exported from Grenada; increasing by X% against the previous year. Overall, nutmeg, mace and cardamom exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, nutmeg, mace and cardamom exports amounted to $X in 2018. Overall, nutmeg, mace and cardamom exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Imports of Nutmeg, Mace And Cardamoms

Imports into Grenada

In 2018, the imports of nutmeg, mace and cardamoms into Grenada stood at X tons, picking up by X% against the previous year. Over the period under review, the total imports indicated a moderate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. In that year, nutmeg, mace and cardamom imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, nutmeg, mace and cardamom imports amounted to $X in 2018. Overall, the total imports indicated a notable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, nutmeg, mace and cardamom imports reached their peak and are likely to continue its growth in the immediate term.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Grenada. 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:

Grenada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Grenada
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024