Report Update May 1, 2025

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

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Sweden: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in Sweden

After five years of growth, the Swedish nutmeg, mace and cardamom market decreased by -10.8% to $X in 2022. In general, consumption saw a mild increase. Nutmeg, mace and cardamom consumption peaked at $X in 2021, and then shrank in the following year.

Exports of Nutmeg, Mace And Cardamoms

Exports from Sweden

In 2022, shipments abroad of nutmeg, mace and cardamoms decreased by -17.7% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports reduced rapidly to $X in 2022. Overall, exports showed a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 38%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell notably in the following year.

Exports by Country

Norway (X tons) was the main destination for nutmeg, mace and cardamom exports from Sweden, with a 54% share of total exports. Moreover, nutmeg, mace and cardamom exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), fourfold. Estonia (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-2.9% per year) and Estonia (-6.8% per year).

In value terms, the largest markets for nutmeg, mace and cardamom exported from Sweden were Norway ($X), Finland ($X) and Denmark ($X), together comprising 80% of total exports.

In terms of the main countries of destination, Norway, with a CAGR of +6.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average nutmeg, mace and cardamom export price stood at $X per ton in 2022, dropping by -8% against the previous year. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Norway ($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 Denmark (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Nutmeg, Mace And Cardamoms

Imports into Sweden

For the sixth consecutive year, Sweden recorded growth in supplies from abroad of nutmeg, mace and cardamoms, which increased by 0.5% to X tons in 2022. The total import volume increased at an average annual rate of +1.0% 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 2017 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, nutmeg, mace and cardamom imports fell notably to $X in 2022. In general, imports enjoyed slight growth. The growth pace was the most rapid in 2017 with an increase of 54% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Guatemala (X tons), the Netherlands (X tons) and Estonia (X tons) were the main suppliers of nutmeg, mace and cardamom imports to Sweden, together comprising 81% of total imports. Finland, Indonesia, India, the United Arab Emirates and Lebanon lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +169.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nutmeg, mace and cardamom suppliers to Sweden were the Netherlands ($X), Guatemala ($X) and Finland ($X), together comprising 80% of total imports. Estonia, India, Indonesia, the United Arab Emirates and Lebanon lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +224.2%, 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

In 2022, the average nutmeg, mace and cardamom import price amounted to $X per ton, falling by -25% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 42% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Indonesia ($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 (+20.4%), 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, 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 Sweden?

In value terms, the largest nutmeg, mace and cardamom suppliers to Sweden were Guatemala, the Netherlands and Estonia, with a combined 84% share of total imports. Germany, India, Denmark and Turkey lagged somewhat behind, together comprising a further 12%.

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

In value terms, Norway, Estonia and Denmark constituted the largest markets for nutmeg, mace and cardamom exported from Sweden worldwide, with a combined 74% share of total exports. These countries were followed by Finland and Poland, which together accounted for a further 23%.

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

The average nutmeg, mace and cardamom export price stood at $24,305 per ton in 2021, surging by 10% against the previous year.

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

The average nutmeg, mace and cardamom import price stood at $24,051 per ton in 2021, falling by -12% against the previous year.

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

Sweden

Data coverage:

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