Tanzania: Market for Nutmeg, Mace And Cardamoms 2024

Market Size for Nutmeg, Mace And Cardamoms in Tanzania

In 2022, the Tanzanian nutmeg, mace and cardamom market was finally on the rise to reach $X after four years of decline. Overall, consumption, however, continues to indicate a noticeable decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Nutmeg, Mace And Cardamoms in Tanzania

In value terms, nutmeg, mace and cardamom production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 83%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

In 2022, the average nutmeg, mace and cardamom yield in Tanzania reduced slightly to X kg per ha, standing approx. at the previous year's figure. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 0.4% against the previous year. The nutmeg, mace and cardamom yield peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the nutmeg, mace and cardamom harvested area in Tanzania amounted to X ha, remaining relatively unchanged against 2021. Overall, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the harvested area increased by 5% against the previous year. The nutmeg, mace and cardamom harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Nutmeg, Mace And Cardamoms

Exports from Tanzania

In 2022, the amount of nutmeg, mace and cardamoms exported from Tanzania expanded to X tons, increasing by 3.3% compared with 2021. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 223%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nutmeg, mace and cardamom exports contracted notably to $X in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2016 with an increase of 225% against the previous year. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

The United Arab Emirates (X tons), the UK (X tons) and India (X tons) were the main destinations of nutmeg, mace and cardamom exports from Tanzania, with a combined 90% share of total exports. Kuwait and Saudi Arabia lagged somewhat behind, together comprising a further 7.1%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +122.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for nutmeg, mace and cardamoms exports from Tanzania, comprising 58% of total exports. The second position in the ranking was taken by the UK ($X), with a 26% share of total exports. It was followed by Saudi Arabia, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +49.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+26.9% per year) and Saudi Arabia (+149.7% per year).

Export Prices by Country

The average nutmeg, mace and cardamom export price stood at $X per ton in 2022, declining by -29.8% against the previous year. Overall, the export price saw a noticeable curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 24% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to India ($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 Saudi Arabia (+12.1%), while the prices for the other major destinations experienced a decline.

Imports of Nutmeg, Mace And Cardamoms

Imports into Tanzania

In 2022, overseas purchases of nutmeg, mace and cardamoms were finally on the rise to reach X tons after two years of decline. Overall, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, nutmeg, mace and cardamom imports shrank notably to $X in 2022. Over the period under review, imports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 266% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of nutmeg, mace and cardamom to Tanzania, with a 98% share of total imports. It was followed by India (X kg), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled +50.1%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of nutmeg, mace and cardamoms to Tanzania, comprising 97% of total imports. The second position in the ranking was taken by India ($X), with a 3.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +39.9%.

Import Prices by Country

In 2022, the average nutmeg, mace and cardamom import price amounted to $X per ton, shrinking by -89.8% against the previous year. In general, the import price showed a deep slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 84%. As a result, import price reached the peak level of $X per ton, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the United Arab Emirates totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+199.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform