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Report Scandinavia - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 1, 2025

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

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Scandinavia: Market for Nutmeg, Mace And Cardamoms 2025

Exports of Nutmeg, Mace And Cardamoms

Exports in Scandinavia

In 2022, the amount of nutmeg, mace and cardamoms exported in Scandinavia reached X tons, growing by 5.6% compared with the previous year's figure. Total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -0.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, nutmeg, mace and cardamom exports contracted to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 31% against the previous year. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Sweden represented the main exporter of nutmeg, mace and cardamoms in Scandinavia, with the volume of exports reaching X tons, which was near 66% of total exports in 2022. It was distantly followed by Finland (X tons), comprising a 34% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Finland (with a CAGR of +14.6%).

In value terms, Sweden ($X) remains the largest nutmeg, mace and cardamom supplier in Scandinavia, comprising 68% of total exports. The second position in the ranking was held by Finland ($X), with a 32% share of total exports.

In Sweden, nutmeg, mace and cardamom exports decreased by an average annual rate of -1.5% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, with a decrease of -16.4% against the previous year. In general, the export price saw a slight setback. The most prominent rate of growth was recorded in 2018 when the export price increased by 25% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2021, and then declined notably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+2.1%).

Imports of Nutmeg, Mace And Cardamoms

Imports in Scandinavia

In 2022, approx. X tons of nutmeg, mace and cardamoms were imported in Scandinavia; with an increase of 4.1% on the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 with an increase of 5.5%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, nutmeg, mace and cardamom imports contracted remarkably to $X in 2022. Overall, imports enjoyed a measured increase. The pace of growth appeared the most rapid in 2019 with an increase of 44%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) was the largest importer of nutmeg, mace and cardamoms, making up 46% of total imports. Finland (X tons) held the second position in the ranking, followed by Norway (X tons). All these countries together held approx. 54% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Finland (with a CAGR of +3.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nutmeg, mace and cardamom importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

In terms of the main importing countries, Finland, with a CAGR of +6.3%, recorded the highest growth rate of 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

In 2022, the import price in Scandinavia amounted to $X per ton, falling by -27.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 39%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Scandinavia, split by region and country
  • Trade (exports and imports) in Scandinavia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    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. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. HARVESTED AREA AND YIELD BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Finland
    • Norway
    • Sweden

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption, by Country, 2022–2024
    5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Harvested Area, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    9. Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    10. Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    11. Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    12. Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    13. Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)

  13. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Consumption, by Country, 2024
    4. Market Volume Forecast to 2035
    5. Market Value Forecast to 2035
    6. Market Size and Growth, by Product
    7. Average Per Capita Consumption, by Product
    8. Exports and Growth, by Product
    9. Export Prices and Growth, by Product
    10. Production Volume and Growth
    11. Yield and Growth
    12. Exports and Growth
    13. Export Prices and Growth
    14. Market Size and Growth
    15. Per Capita Consumption
    16. Imports and Growth
    17. Import Prices
    18. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    19. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    20. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
    21. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Harvested Area, by Country, 2024
    24. Harvested Area, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Imports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Import Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    36. Exports, in Value Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    37. Export Prices, by Country: Historical Data (2012–2024) and Forecast (2025–2035)

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