Price for Spices; Nutmeg, Crushed or Ground in Nepal - 2022
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Nepal (CIF) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Nepal
Price for Spices; Nutmeg, Crushed or Ground in Nepal (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $6,038 per ton, growing by 9.9% against the previous year. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +21.5% per year.
Imports of Spices; Nutmeg, Crushed or Ground in Nepal
Spices; nutmeg, crushed or ground imports into Nepal dropped markedly to 2.9 tons in 2022, with a decrease of -73.2% against the previous year's figure. Overall, imports continue to indicate a sharp descent. The smallest decline of -9.4% was in 2021.
In value terms, spices; nutmeg, crushed or ground imports shrank rapidly to $17K in 2022. In general, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 5.4%.
| Import of Spices; Nutmeg, Crushed or Ground in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.2 | 11.7 | 19.1 | 17.2 | 75.2% |
| Indonesia | 75.1 | 43.8 | 37.3 | N/A | -29.5% |
| Others | N/A | N/A | 2.1 | N/A | 0% |
| Total | 78.2 | 55.5 | 58.4 | 17.2 | -39.6% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Nepal in 2022:
- India (2.9 tons)
750
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Nepal.
4045
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
750
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Nepal.
4045
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3817
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
8498
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.
3936
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,
3817
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
8498
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.
3936
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,
