Spices; Nutmeg Price in Norway - 2022
Contents:
Spices; Nutmeg Price in Norway (CIF) - 2022
In 2022, the average spices; nutmeg import price amounted to $19,085 per ton, with a decrease of -9.4% against the previous year. In general, the import price, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure at $21,073 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($196,440 per ton), while the price for the Netherlands ($658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Nutmeg Imports in Norway
After two years of decline, purchases abroad of spices; nutmeg increased by 5.4% to 28 tons in 2022. In general, imports, however, continue to indicate a deep downturn.
In value terms, spices; nutmeg imports declined to $531K in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 10%.
| Import of Spices; Nutmeg in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 188 | 217 | 249 | 246 | 9.4% |
| Germany | 76.6 | 88.2 | 101 | 99.9 | 9.3% |
| Sweden | 45.4 | 50.0 | 54.7 | 51.6 | 4.4% |
| Netherlands | 1.5 | 1.2 | 0.9 | 0.6 | -26.3% |
| Others | 148 | 149 | 151 | 133 | -3.5% |
| Total | 460 | 506 | 556 | 531 | 4.9% |
Top Suppliers of Spices; Nutmeg to Norway in 2022:
- India (22.5 tons)
- Germany (1.8 tons)
- Sweden (1.5 tons)
- Netherlands (0.9 tons)
604
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Norway.
3985
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
604
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Norway.
3985
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3771
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
8415
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.
3858
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,
3771
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
8415
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.
3858
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,
