Report Update Jan 1, 2025

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Slovakia: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in Slovakia

In 2022, the Slovak nutmeg, mace and cardamom market increased by 13% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a noticeable slump. Nutmeg, mace and cardamom consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Nutmeg, Mace And Cardamoms

Exports from Slovakia

After two years of growth, shipments abroad of nutmeg, mace and cardamoms decreased by -34.4% to X tons in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 66% against the previous year. The exports peaked at X tons in 2021, and then declined rapidly in the following year.

In value terms, nutmeg, mace and cardamom exports fell notably to $X in 2022. In general, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank notably in the following year.

Exports by Country

The Czech Republic (X tons), Hungary (X tons) and Moldova (X kg) were the main destinations of nutmeg, mace and cardamom exports from Slovakia, together accounting for 99% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +24.9%), while shipments for the other leaders experienced a decline.

In value terms, the Czech Republic ($X), Hungary ($X) and Moldova ($X) appeared to be the largest markets for nutmeg, mace and cardamom exported from Slovakia worldwide, with a combined 99% share of total exports.

Among the main countries of destination, Hungary, with a CAGR of +13.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average nutmeg, mace and cardamom export price amounted to $X per ton, waning by -17.5% against the previous year. Overall, the export price saw a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 53%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Hungary ($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 Moldova (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Nutmeg, Mace And Cardamoms

Imports into Slovakia

In 2022, purchases abroad of nutmeg, mace and cardamoms increased by 12% to X tons, rising for the second consecutive year after two years of decline. In general, imports recorded a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, nutmeg, mace and cardamom imports reduced slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest nutmeg, mace and cardamom supplier to Slovakia, accounting for a 68% share of total imports. Moreover, nutmeg, mace and cardamom imports from Indonesia exceeded the figures recorded by the second-largest supplier, Guatemala (X tons), fivefold. The third position in this ranking was taken by Grenada (X tons), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia amounted to +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+5.8% per year) and Grenada (+2.1% per year).

In value terms, Indonesia ($X) constituted the largest supplier of nutmeg, mace and cardamoms to Slovakia, comprising 66% of total imports. The second position in the ranking was held by Guatemala ($X), with a 15% share of total imports. It was followed by Grenada, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia stood at -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+5.4% per year) and Grenada (-2.3% per year).

Import Prices by Country

The average nutmeg, mace and cardamom import price stood at $X per ton in 2022, dropping by -12.5% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 28% against the previous year. 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.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Guatemala ($X per ton) and Indonesia ($X per ton), while the price for the Czech Republic ($X per ton) and Grenada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (-0.4%), while the prices for the other major suppliers experienced a decline.

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, with a combined 47% share 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, with a combined 83% share 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 Slovakia?

In value terms, Italy, the Netherlands and Poland appeared to be the largest nutmeg, mace and cardamom suppliers to Slovakia, together comprising 64% of total imports. These countries were followed by Austria, Germany, the Czech Republic and Spain, which together accounted for a further 30%.

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

In value terms, the Czech Republic, Hungary and Moldova $967) constituted the largest markets for nutmeg, mace and cardamom exported from Slovakia worldwide, together accounting for 98% of total exports.

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

The average nutmeg, mace and cardamom export price stood at $18,075 per ton in 2021, rising by 2.6% against the previous year.

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

The average nutmeg, mace and cardamom import price stood at $14,689 per ton in 2021, picking up by 7.6% against the previous year.

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

Slovakia

Data coverage:

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