Angola - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Price for Nutmeg, Mace and Cardamom in Angola - 2022

Contents:

  1. Price for Nutmeg, Mace and Cardamom in Angola (CIF) - 2022
  2. Price for Nutmeg, Mace and Cardamom in Angola (FOB) - 2022
  3. Imports of Nutmeg, Mace and Cardamom in Angola
  4. Exports of Nutmeg, Mace and Cardamom in Angola

Price for Nutmeg, Mace and Cardamom in Angola (CIF) - 2022

In 2022, the average nutmeg, mace and cardamom import price amounted to $1,565 per ton, falling by -5.9% against the previous year. Overall, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 41%. As a result, import price attained the peak level of $5,211 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($5,170 per ton), while the price for China ($849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+3.3%), while the prices for the other major suppliers experienced a decline.

Price for Nutmeg, Mace and Cardamom in Angola (FOB) - 2022

In 2021, the average nutmeg, mace and cardamom export price amounted to $2,000 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $2,740 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2017 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -14.6% per year.

Imports of Nutmeg, Mace and Cardamom in Angola

In 2022, after three years of growth, there was significant decline in purchases abroad of nutmeg, mace and cardamoms, when their volume decreased by -7.7% to 55 tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of 59 tons, and then reduced in the following year.

In value terms, nutmeg, mace and cardamom imports declined to $86K in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, imports attained the peak of $99K, and then fell in the following year.

Import of Nutmeg, Mace and Cardamom in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal19.924.639.166.449.4%
India7.23.015.414.526.3%
South Africa0.3N/AN/A1.778.3%
China2.31.70.21.4-15.3%
United Arab Emirates18.90.41.80.9-63.8%
Spain4.10.35.70.1-71.0%
Indonesia5.36.90.7N/A-63.7%
Others16.511.435.70.8-63.5%
Total74.448.398.785.84.9%

Top Suppliers of Nutmeg, Mace and Cardamom to Angola in 2022:

  1. Portugal (41.0 tons)
  2. India (9.9 tons)
  3. South Africa (1.7 tons)
  4. China (1.6 tons)
  5. United Arab Emirates (0.4 tons)
  6. Spain (0.1 tons)

Exports of Nutmeg, Mace and Cardamom in Angola

In 2021, the amount of nutmeg, mace and cardamoms exported from Angola stood at 1 kg, approximately mirroring 2020. Overall, exports recorded a dramatic slump. The smallest decline of 99.9% was in 2020.

In value terms, nutmeg, mace and cardamom exports stood at $2 in 2021. In general, exports showed a sharp curtailment. The smallest decline of 99.9% was in 2020.

Export of Nutmeg, Mace and Cardamom in Angola (USD)
COUNTRY201920202021CAGR,
2019-2021
Democratic Republic of the Congo411N/A2.0-93.0%
OthersN/AN/AN/A0%
Total411N/A2.0-93.0%

Top Export Markets for Nutmeg, Mace and Cardamom from Angola in 2022:

  1. Democratic Republic of the Congo (1.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • Angola

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Angola
  • 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 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
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    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, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Blog
Event
Guatemala, Indonesia and India Appear as the Largest Suppliers of Nutmeg
Jun 28, 2018
Eye 3749

In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and

Which Country Produces the Most Nutmeg, Mace and Cardamoms in the World?
Nov 1, 2017
Eye 8386

In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.

Guatemala’s Exports of Nutmeg, Mace and Cardamom Remain Strongest in the World
Sep 24, 2015
Eye 3834

Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,

Guatemala, Indonesia and India Appear as the Largest Suppliers of Nutmeg
Jun 28, 2018
Eye 3749

In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and

Which Country Produces the Most Nutmeg, Mace and Cardamoms in the World?
Nov 1, 2017
Eye 8386

In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.

Guatemala’s Exports of Nutmeg, Mace and Cardamom Remain Strongest in the World
Sep 24, 2015
Eye 3834

Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,

Free Data: Nutmeg, Mace And Cardamoms - Angola