United Arab Emirates - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

United Arab Emirates - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights

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Price for Nutmeg, Mace and Cardamom in the United Arab Emirates - 2021

Contents:

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

Price for Nutmeg, Mace and Cardamom in the United Arab Emirates (CIF) - 2022

The average nutmeg, mace and cardamom import price stood at $9,328 per ton in 2022, reducing by -24.7% against the previous year. In general, the import price, however, continues to indicate a modest expansion. The growth pace was the most rapid in 2019 an increase of 43%. As a result, import price reached the peak level of $16,426 per ton. From 2020 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 India ($11,792 per ton), while the price for Indonesia ($6,438 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nutmeg, Mace and Cardamom in the United Arab Emirates (FOB) - 2022

In 2022, the average nutmeg, mace and cardamom export price amounted to $7,715 per ton, dropping by -50.2% against the previous year. In general, the export price, however, showed resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 60%. Over the period under review, the average export prices attained the maximum at $15,494 per ton in 2021, and then declined rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($12,329 per ton), while the average price for exports to Senegal ($649 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 Yemen (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace and Cardamom in the United Arab Emirates

In 2022, purchases abroad of nutmeg, mace and cardamoms decreased by -4% to 16K tons, falling for the second year in a row after two years of growth. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 82%. As a result, imports attained the peak of 20K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, nutmeg, mace and cardamom imports reduced remarkably to $145M in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year. As a result, imports attained the peak of $290M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Nutmeg, Mace and Cardamom in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala14523710777.5-18.8%
India25.745.384.360.433.0%
Sri Lanka2.82.21.82.5-3.7%
Indonesia2.21.01.31.6-10.1%
Others3.15.16.12.9-2.2%
Total179290201145-6.8%

Top Suppliers of Nutmeg, Mace and Cardamom to the United Arab Emirates in 2022:

  1. Guatemala (9.4K tons)
  2. India (5.1K tons)
  3. Sri Lanka (0.3K tons)
  4. Indonesia (0.3K tons)

Exports of Nutmeg, Mace and Cardamom in the United Arab Emirates

In 2022, shipments abroad of nutmeg, mace and cardamoms was finally on the rise to reach 16K tons after two years of decline. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nutmeg, mace and cardamom exports skyrocketed to $122M in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nutmeg, Mace and Cardamom in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/AN/A13.00%
Oman7.212.613.011.115.5%
PakistanN/AN/AN/A10.80%
BangladeshN/AN/AN/A10.70%
Iran5.45.58.610.022.8%
India11.03.80.57.4-12.4%
YemenN/AN/AN/A6.50%
AfghanistanN/AN/AN/A6.40%
JordanN/AN/AN/A6.20%
SomaliaN/AN/AN/A5.10%
EgyptN/A0.1N/A4.5570.8%
Ghana0.2N/AN/A2.8141.0%
SenegalN/AN/AN/A0.60%
Others1.62.32.226.7155.5%
Total25.424.424.312268.7%

Top Export Markets for Nutmeg, Mace and Cardamom from the United Arab Emirates in 2022:

  1. Yemen (1.8K tons)
  2. Iraq (1.3K tons)
  3. Pakistan (1.2K tons)
  4. Bangladesh (1.2K tons)
  5. Ghana (1.0K tons)
  6. Iran (0.9K tons)
  7. Oman (0.9K tons)
  8. Senegal (0.9K tons)
  9. Jordan (0.7K tons)
  10. Somalia (0.7K tons)
  11. Egypt (0.6K tons)
  12. India (0.6K tons)
  13. Afghanistan (0.5K tons)

Source: IndexBox Market Intelligence Platform

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

  • United Arab Emirates

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the United Arab Emirates
  • 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 8379

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 3827

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 8379

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 3827

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 - United Arab Emirates