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Australia - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Australia: Overview of the Market for Nutmeg, Mace And Cardamoms 2021

Market Size for Nutmeg, Mace And Cardamoms in Australia

The Australian nutmeg, mace and cardamom market skyrocketed to $X in 2020, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Nutmeg, mace and cardamom consumption peaked in 2020 and is likely to continue growth in the immediate term.

Exports of Nutmeg, Mace And Cardamoms

Exports from Australia

For the third year in a row, Australia recorded growth in shipments abroad of nutmeg, mace and cardamoms, which increased by X% to X tonnes in 2020. Over the period under review, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, nutmeg, mace and cardamom exports soared to $X in 2020. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in the near future.

Exports by Country

New Zealand (X tonnes) was the main destination for nutmeg, mace and cardamom exports from Australia, with a X% share of total exports. Moreover, nutmeg, mace and cardamom exports to New Zealand exceeded the volume sent to the second major destination, India (X tonnes), sixfold. The third position in this ranking was occupied by Malaysia (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to New Zealand amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Malaysia (+X% per year).

In value terms, New Zealand ($X) remains the key foreign market for nutmeg, mace and cardamom exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to New Zealand totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and India (+X% per year).

Export Prices by Country

In 2020, the average nutmeg, mace and cardamom export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Sri Lanka ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports into Australia

In 2020, nutmeg, mace and cardamom imports into Australia expanded modestly to X tonnes, picking up by X% against 2019. Over the period under review, imports showed a tangible increase. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom imports skyrocketed to $X in 2020. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to continue growth in years to come.

Imports by Country

India (X tonnes), Guatemala (X tonnes) and Indonesia (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Australia, with a combined X% share of total imports. These countries were followed by Viet Nam and China, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nutmeg, mace and cardamom suppliers to Australia were Guatemala ($X), India ($X) and Indonesia ($X), with a combined X% share of total imports. Viet Nam and China lagged somewhat behind, together comprising a further X Nam recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average nutmeg, mace and cardamom import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. The import price peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Guatemala ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Guatemala, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?
+
India (37K tonnes) remains the largest nutmeg, mace and cardamom consuming country worldwide, accounting for 31% of total volume. Moreover, nutmeg, mace and cardamom consumption in India exceeded the figures recorded by the second-largest consumer, the United Arab Emirates (11K tonnes), threefold. The third position in this ranking was occupied by Saudi Arabia (9.5K tonnes), with a 7.9% share.
What are the largest producers of nutmeg, mace and cardamoms in the world?
+
The countries with the highest volumes of nutmeg, mace and cardamom production in 2020 were Indonesia (46K tonnes), India (41K tonnes) and Guatemala (40K tonnes), together accounting for 78% of global production. Saudi Arabia, Nepal, Sri Lanka and Grenada lagged somewhat behind, together comprising a further 16%.
What are the leading suppliers of nutmeg, mace and cardamoms to Australia?
+
In value terms, Guatemala ($3.7M), India ($2.8M) and Indonesia ($529K) constituted the largest nutmeg, mace and cardamom suppliers to Australia, with a combined 90% share of total imports. Viet Nam and China lagged somewhat behind, together accounting for a further 6.9%.
What are the leading importers of nutmeg, mace and cardamoms from Australia?
+
In value terms, New Zealand ($325K) remains the key foreign market for nutmeg, mace and cardamom exports from Australia, comprising 67% of total exports. The second position in the ranking was occupied by Malaysia ($57K), with a 12% share of total exports. It was followed by India, with a 6.9% share.
What is the average export price for nutmeg, mace and cardamoms in Australia?
+
The average nutmeg, mace and cardamom export price stood at $12,932 per tonne in 2020, increasing by 24% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Australia?
+
In 2020, the average nutmeg, mace and cardamom import price amounted to $17,103 per tonne, with an increase of 39% against the previous year.

Product coverage:
• FCL 702 - Nutmeg, mace, cardamoms

This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Australia. 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 2025.


Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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