Report Asia-Pacific - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 19, 2022

Asia-Pacific - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Market for Nutmeg, Mace And Cardamoms 2022

Market Size for Nutmeg, Mace And Cardamoms in Asia-Pacific

For the tenth year in a row, the Asia-Pacific nutmeg, mace and cardamom market recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption posted resilient growth. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Production of Nutmeg, Mace And Cardamoms in Asia-Pacific

In value terms, nutmeg, mace and cardamom production dropped to $X in 2021 estimated in export prices. Over the period under review, production, however, saw strong growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then contracted in the following year.

The countries with the highest volumes of nutmeg, mace and cardamom production in 2021 were Indonesia (X tonnes), India (X tonnes) and Nepal (X tonnes), together comprising X% of total production. These countries were followed by Sri Lanka, Lao People's Democratic Republic, Myanmar and Bhutan, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of nutmeg, mace and cardamom production, amongst the key producing countries, was attained by Sri Lanka (+X%), while nutmeg, mace and cardamom production for the other leaders experienced more modest paces of growth.

In 2021, the average nutmeg, mace and cardamom yield in Asia-Pacific reduced to X kg per ha, waning by -X% on 2020. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per ha. From 2017 to 2021, the growth of the nutmeg, mace and cardamom yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of nutmeg, mace and cardamoms in Asia-Pacific expanded rapidly to X ha, increasing by X% compared with 2020 figures. The total harvested area indicated a buoyant increase from 2012 to 2021: its figure increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, nutmeg, mace and cardamom harvested area increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2018 when the harvested area increased by X% year-to-year. The level of harvested area peaked in 2021 and is likely to see gradual growth in years to come.

Production By Country in Asia-Pacific

The countries with the highest volumes of nutmeg, mace and cardamom production in 2021 were Indonesia (X tonnes), India (X tonnes) and Nepal (X tonnes), with a combined X% share of total production. Sri Lanka, Lao People's Democratic Republic, Myanmar and Bhutan lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of nutmeg, mace and cardamom production, amongst the main producing countries, was attained by Sri Lanka (+X%), while nutmeg, mace and cardamom production for the other leaders experienced more modest paces of growth.

Exports of Nutmeg, Mace And Cardamoms

Exports in Asia-Pacific

In 2021, the amount of nutmeg, mace and cardamoms exported in Asia-Pacific was estimated at X tonnes, rising by X% compared with the year before. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% y-o-y. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, nutmeg, mace and cardamom exports stood at $X in 2021. Total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, Indonesia (X tonnes) was the largest exporter of nutmeg, mace and cardamoms, achieving X% of total exports. India (X tonnes) took the second position in the ranking, distantly followed by Nepal (X tonnes), Myanmar (X tonnes) and Sri Lanka (X tonnes). All these countries together took near X% share of total exports. Vietnam (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Myanmar (+X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Indonesia ($X) and Nepal ($X) constituted the countries with the highest levels of exports in 2021, together accounting for X% of total exports.

India, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the nutmeg, mace and cardamom export price in Asia-Pacific amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by X% y-o-y. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was India ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other leaders experienced a decline in the export price figures.

Imports of Nutmeg, Mace And Cardamoms

Imports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded growth in purchases abroad of nutmeg, mace and cardamoms, which increased by X% to X tonnes in 2021. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, nutmeg, mace and cardamom imports skyrocketed to $X in 2021. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China was the key importer of nutmeg, mace and cardamoms in Asia-Pacific, with the volume of imports finishing at X tonnes, which was near X% of total imports in 2021. India (X tonnes) ranks second in terms of the total imports with a X% share, followed by Pakistan (X%) and Bangladesh (X%). Singapore (X tonnes), Vietnam (X tonnes) and Japan (X tonnes) took a minor share of total imports.

From 2012 to 2021, the biggest increases were in China (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Bangladesh ($X) constituted the countries with the highest levels of imports in 2021, together comprising X% of total imports.

China, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the nutmeg, mace and cardamom import price in Asia-Pacific amounted to $X per tonne, waning by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per tonne in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in Asia-Pacific?
+
The countries with the highest volumes of nutmeg, mace and cardamom consumption in 2021 were India, China and Indonesia, together comprising 76% of total consumption.
What are the largest producers of nutmeg, mace and cardamoms in Asia-Pacific?
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The countries with the highest volumes of nutmeg, mace and cardamom production in 2021 were Indonesia, India and Nepal, together accounting for 88% of total production. Sri Lanka, Lao People's Democratic Republic, Myanmar and Bhutan lagged somewhat behind, together accounting for a further 11%.
What are the leading suppliers of nutmeg, mace and cardamoms in Asia-Pacific?
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In value terms, India, Indonesia and Nepal were the countries with the highest levels of exports in 2021, together accounting for 90% of total exports.
What are the leading importers of nutmeg, mace and cardamoms in Asia-Pacific?
+
In value terms, China, India and Bangladesh constituted the countries with the highest levels of imports in 2021, together accounting for 70% of total imports.
What is the average export price for nutmeg, mace and cardamoms in Asia-Pacific?
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In 2021, the nutmeg, mace and cardamom export price in Asia-Pacific amounted to $9,235 per tonne, increasing by 6% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Asia-Pacific?
+
In 2021, the nutmeg, mace and cardamom import price in Asia-Pacific amounted to $9,430 per tonne, shrinking by -6.2% against the previous year.

This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Asia-Pacific. 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:
• Afghanistan
• American Samoa
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Vietnam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Harvested Area, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Area Harvested, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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