Spices; Nutmeg Price in Nepal - 2022
Contents:
Spices; Nutmeg Price in Nepal (CIF) - 2022
The average spices; nutmeg import price stood at $8,309 per ton in 2022, which is down by -5.6% against the previous year. In general, the import price, however, posted a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 11% against the previous year. Over the period under review, average import prices reached the peak figure at $8,800 per ton in 2021, and then shrank in the following year.
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 +9.5% per year.
Spices; Nutmeg Imports in Nepal
In 2022, after two years of decline, there was significant growth in supplies from abroad of spices; nutmeg, when their volume increased by 10% to 5.6 tons. Overall, imports, however, showed a abrupt decrease.
In value terms, spices; nutmeg imports stood at $47K in 2022. In general, imports, however, showed a perceptible decline.
| Import of Spices; Nutmeg in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 52.9 | 48.8 | 45.0 | 46.9 | -3.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 52.9 | 48.8 | 45.0 | 46.9 | -3.9% |
Top Suppliers of Spices; Nutmeg to Nepal in 2022:
- India (5.6 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Nepal.
4020
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
743
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Nepal.
4020
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3791
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
8451
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.
3899
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,
3791
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
8451
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.
3899
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,
