Report Update Mar 1, 2025

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

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Uzbekistan: Market for Nutmeg, Mace And Cardamoms 2025

Market Size for Nutmeg, Mace And Cardamoms in Uzbekistan

In 2022, the Uzbek nutmeg, mace and cardamom market decreased by -23.8% to $X for the first time since 2011, thus ending a ten-year rising trend. Overall, consumption, however, posted a significant expansion. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Exports of Nutmeg, Mace And Cardamoms

Exports from Uzbekistan

In 2022, shipments abroad of nutmeg, mace and cardamoms increased by 48% to X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 820% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports skyrocketed to $X in 2022. In general, exports posted a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 491% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X kg) was the main destination for nutmeg, mace and cardamom exports from Uzbekistan, with a approx. 100% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of volume to Norway was relatively modest.

In value terms, Norway ($X) emerged as the key foreign market for nutmeg, mace and cardamoms exports from Uzbekistan.

From 2017 to 2022, the average annual growth rate of value to Norway was relatively modest.

Export Prices by Country

In 2022, the average nutmeg, mace and cardamom export price amounted to $X per ton, increasing by 30% against the previous year. Overall, the export price, however, faced a abrupt setback. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2017 to 2022, the rate of growth in terms of prices for Russia amounted to +14.6% per year.

Imports of Nutmeg, Mace And Cardamoms

Imports into Uzbekistan

In 2022, imports of nutmeg, mace and cardamoms into Uzbekistan declined remarkably to X tons, waning by -18.3% on 2021 figures. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 116%. As a result, imports reached the peak of X tons, and then declined significantly in the following year.

In value terms, nutmeg, mace and cardamom imports reduced markedly to $X in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 210% against the previous year. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2022, India (X tons) was the main supplier of nutmeg, mace and cardamom to Uzbekistan, with a 92% share of total imports. Moreover, nutmeg, mace and cardamom imports from India exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold.

From 2017 to 2022, the average annual rate of growth in terms of volume from India amounted to +676.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (0.0% per year) and the United Arab Emirates (-49.9% per year).

In value terms, India ($X) constituted the largest supplier of nutmeg, mace and cardamoms to Uzbekistan, comprising 85% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 13% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of value from India amounted to +921.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (0.0% per year) and the United Arab Emirates (-26.4% per year).

Import Prices by Country

In 2022, the average nutmeg, mace and cardamom import price amounted to $X per ton, dropping by -6.6% against the previous year. In general, the import price, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 84%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+46.8%).

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, together comprising 47% 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, together accounting for 83% 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 Uzbekistan?

In value terms, the largest nutmeg, mace and cardamom suppliers to Uzbekistan were the United Arab Emirates, India and Indonesia $443), with a combined 96% share of total imports.

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

In value terms, Belarus $216) remains the key foreign market for nutmeg, mace and cardamom exports from Uzbekistan, comprising 84% of total exports. The second position in the ranking was occupied by Tajikistan $41), with a 16% share of total exports.

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

The average nutmeg, mace and cardamom export price stood at $10,280 per ton in 2021, declining by -31.6% against the previous year.

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

The average nutmeg, mace and cardamom import price stood at $8,573 per ton in 2021, rising by 164% against the previous year.

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

Uzbekistan

Data coverage:

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