Middle East: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in the Middle East

The Middle Eastern nutmeg, mace and cardamom market soared to $X in 2022, increasing by 18% against the previous year. In general, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Nutmeg, Mace And Cardamoms in the Middle East

In value terms, nutmeg, mace and cardamom production soared to $X in 2022 estimated in export price. The total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +89.1% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of 36% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in the near future.

Turkey (X tons) constituted the country with the largest volume of nutmeg, mace and cardamom production, accounting for 99.9% of total volume.

In Turkey, nutmeg, mace and cardamom production increased at an average annual rate of +1.4% over the period from 2012-2022.

Exports of Nutmeg, Mace And Cardamoms

Exports in the Middle East

Nutmeg, mace and cardamom exports fell modestly to X tons in 2022, remaining relatively unchanged against the previous year. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 76%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports totaled $X in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 121%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United Arab Emirates (X tons) and Saudi Arabia (X tons) represented the main exporters of nutmeg, mace and cardamoms in the Middle East, together accounting for approx. 76% of total exports. It was distantly followed by Turkey (X tons), generating an 11% share of total exports. Jordan (X tons), Bahrain (X tons) and Palestine (X tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +41.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 87% of total exports.

Turkey, with a CAGR of +47.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, increasing by 1.7% against the previous year. In general, the export price recorded prominent growth. The pace of growth was the most pronounced in 2020 an increase of 73%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.9%), while the other leaders experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports in the Middle East

Nutmeg, mace and cardamom imports soared to X tons in 2022, increasing by 16% against 2021 figures. The total import volume increased at an average annual rate of +4.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom imports soared to $X in 2022. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 63%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by Saudi Arabia (X tons) and Jordan (X tons) represented the largest importers of nutmeg, mace and cardamoms, together generating 74% of total imports. Turkey (X tons), Syrian Arab Republic (X tons), Yemen (X tons), Kuwait (X tons), Iraq (X tons), Oman (X tons), Qatar (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of +37.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Kuwait ($X) were the countries with the highest levels of imports in 2022, with a combined 80% share of total imports. Jordan, Iraq, Oman, Yemen, Syrian Arab Republic, Qatar, Iran and Turkey lagged somewhat behind, together accounting for a further 18%.

Turkey, with a CAGR of +48.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, almost unchanged from the previous year. In general, the import price showed a strong expansion. The growth pace was the most rapid in 2017 an increase of 47%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (+15.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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