Report Update Jan 1, 2025

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

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Kazakhstan: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in Kazakhstan

In 2022, after two years of growth, there was significant decline in the Kazakh nutmeg, mace and cardamom market, when its value decreased by -22.3% to $X. Overall, consumption, however, recorded a prominent increase. Nutmeg, mace and cardamom consumption peaked at $X in 2021, and then shrank markedly in the following year.

Exports of Nutmeg, Mace And Cardamoms

Exports from Kazakhstan

In 2022, after nine years of growth, there was significant decline in overseas shipments of nutmeg, mace and cardamoms, when their volume decreased by -59.1% to X kg. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 214%. As a result, the exports attained the peak of X kg, and then contracted rapidly in the following year.

In value terms, nutmeg, mace and cardamom exports contracted rapidly to $X in 2022. Over the period under review, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 183% against the previous year. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Russia (X kg) was the main destination for nutmeg, mace and cardamom exports from Kazakhstan, with a 89% share of total exports. Moreover, nutmeg, mace and cardamom exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X kg), eightfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Russia stood at +26.0%.

In value terms, Russia ($X) remains the key foreign market for nutmeg, mace and cardamoms exports from Kazakhstan, comprising 82% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 18% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to Russia amounted to +14.7%.

Export Prices by Country

The average nutmeg, mace and cardamom export price stood at $X per ton in 2022, surging by 4.6% against the previous year. Overall, the export price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 5.8%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+17.8%).

Imports of Nutmeg, Mace And Cardamoms

Imports into Kazakhstan

In 2022, after two years of growth, there was significant decline in purchases abroad of nutmeg, mace and cardamoms, when their volume decreased by -23.6% to X tons. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 95% against the previous year. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, nutmeg, mace and cardamom imports fell sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest nutmeg, mace and cardamom supplier to Kazakhstan, with a 50% share of total imports. Moreover, nutmeg, mace and cardamom imports from Indonesia exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was held by Iran (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+9.5% per year) and Iran (0.0% per year).

In value terms, Russia ($X), Indonesia ($X) and Honduras ($X) constituted the largest nutmeg, mace and cardamom suppliers to Kazakhstan, together comprising 88% of total imports.

Among the main suppliers, Honduras, with a CAGR of +57.6%, saw the highest rates of growth with regard to 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

The average nutmeg, mace and cardamom import price stood at $X per ton in 2022, surging by 7.8% against the previous year. In general, the import price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure 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 Honduras ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?

The countries with the highest volumes of nutmeg, mace and cardamom consumption in 2021 were India, China and Indonesia, together accounting for 47% of global consumption.

What are the largest producers of nutmeg, mace and cardamoms in the world?

The countries with the highest volumes of nutmeg, mace and cardamom production in 2021 were Indonesia, India and Guatemala, together accounting for 83% of global production. Nepal, Sri Lanka, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together accounting for a further 12%.

What are the leading suppliers of nutmeg, mace and cardamoms to Kazakhstan?

In value terms, the largest nutmeg, mace and cardamom suppliers to Kazakhstan were India, Russia and Indonesia, together accounting for 87% of total imports.

What are the leading importers of nutmeg, mace and cardamoms from Kazakhstan?

In value terms, Russia $64) remains the key foreign market for nutmeg, mace and cardamom exports from Kazakhstan, comprising 88% of total exports. The second position in the ranking was occupied by Belarus $9), with a 12% share of total exports.

What is the average export price for nutmeg, mace and cardamoms in Kazakhstan?

In 2021, the average nutmeg, mace and cardamom export price amounted to $14,600 per ton, rising by 21% against the previous year.

What is the average import price for nutmeg, mace and cardamoms in Kazakhstan?

The average nutmeg, mace and cardamom import price stood at $7,279 per ton in 2021, picking up by 9.2% against the previous year.

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

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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:

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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