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

Market Size for Nutmeg, Mace And Cardamoms in Austria

In 2020, the Austrian nutmeg, mace and cardamom market increased by X% to $X, rising for the third consecutive year after five years of decline. Overall, consumption enjoyed a pronounced expansion. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Nutmeg, mace and cardamom consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Exports of Nutmeg, Mace And Cardamoms

Exports from Austria

Nutmeg, mace and cardamom exports from Austria rose to X tonnes in 2020, increasing by X% against 2019. In general, total exports indicated temperate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the near future.

In value terms, nutmeg, mace and cardamom exports skyrocketed to $X in 2020. Over the period under review, exports posted prominent growth. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Exports peaked in 2020 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tonnes) was the main destination for nutmeg, mace and cardamom exports from Austria, accounting for a X% share of total exports. Moreover, nutmeg, mace and cardamom exports to Germany exceeded the volume sent to the second major destination, Russia (X tonnes), twofold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Poland (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Poland (+X% per year).

Export Prices by Country

The average nutmeg, mace and cardamom export price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to Croatia ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports into Austria

In 2020, overseas purchases of nutmeg, mace and cardamoms increased by X% to X tonnes, rising for the third year in a row after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked 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 soared to $X in 2020. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Indonesia (X tonnes) constituted the largest nutmeg, mace and cardamom supplier to Austria, accounting for a X% share of total imports. Moreover, nutmeg, mace and cardamom imports from Indonesia exceeded the figures recorded by the second-largest supplier, Guatemala (X tonnes), threefold. The third position in this ranking was occupied by Grenada (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Indonesia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Guatemala (+X% per year) and Grenada (-X% per year).

In value terms, Indonesia ($X), Guatemala ($X) and Grenada ($X) were the largest nutmeg, mace and cardamom suppliers to Austria, together comprising X% of total imports.

Among the main suppliers, Guatemala recorded the highest rates of growth with regard to the value of imports, 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, jumping by X% against the previous year. Over the period under review, the import price posted moderate growth. The pace of growth was the most pronounced in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sri Lanka ($X per tonne), while the price for Grenada ($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. Saudi Arabia (9.5K tonnes) ranked third in terms of total consumption 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 accounting for a further 16%.
What are the leading suppliers of nutmeg, mace and cardamoms to Austria?
+
In value terms, the largest nutmeg, mace and cardamom suppliers to Austria were Indonesia ($2.5M), Guatemala ($2M) and Grenada ($461K), with a combined 85% share of total imports.
What are the leading importers of nutmeg, mace and cardamoms from Austria?
+
In value terms, Germany ($1.4M) remains the key foreign market for nutmeg, mace and cardamom exports from Austria, comprising 49% of total exports. The second position in the ranking was occupied by Russia ($387K), with a 14% share of total exports. It was followed by Poland, with a 5.6% share.
What is the average export price for nutmeg, mace and cardamoms in Austria?
+
The average nutmeg, mace and cardamom export price stood at $30,726 per tonne in 2020, surging by 14% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Austria?
+
In 2020, the average nutmeg, mace and cardamom import price amounted to $17,186 per tonne, increasing by 23% 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 Austria. 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:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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