
Belgium - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Overview of the Market for Nutmeg, Mace And Cardamoms 2021
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Market Size for Nutmeg, Mace And Cardamoms in Belgium
The Belgian nutmeg, mace and cardamom market fell dramatically to $X in 2019, reducing 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 pronounced decline. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.
Exports of Nutmeg, Mace And Cardamoms
Exports from Belgium
In 2019, shipments abroad of nutmeg, mace and cardamoms was finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.
In value terms, nutmeg, mace and cardamom exports soared to $X in 2019. Over the period under review, exports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.
Exports by Country
France (X tonnes), the UK (X tonnes) and the Netherlands (X tonnes) were the main destinations of nutmeg, mace and cardamom exports from Belgium, together accounting for X% of total exports. These countries were followed by Germany, Democratic Republic of the Congo, Portugal and Burundi, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burundi (+X% per year), while exports for the other leaders experienced more modest paces of growth.
In value terms, France ($X), the Netherlands ($X) and the UK ($X) constituted the largest markets for nutmeg, mace and cardamom exported from Belgium worldwide, with a combined X% share of total exports. Germany, Democratic Republic of the Congo, Portugal and Burundi lagged somewhat behind, together comprising a further X terms of the main countries of destination, Burundi (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average nutmeg, mace and cardamom export price stood at $X per tonne in 2019, falling by -X% against the previous year. Over the period under review, the export price, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nutmeg, Mace And Cardamoms
Imports into Belgium
Nutmeg, mace and cardamom imports into Belgium expanded modestly to X tonnes in 2019, increasing by X% against the year before. Overall, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.
In value terms, nutmeg, mace and cardamom imports dropped slightly to $X in 2019. In general, imports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.
Imports by Country
Indonesia (X tonnes), the Netherlands (X tonnes) and Germany (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Belgium, together comprising X% of total imports. These countries were followed by Viet Nam and France, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam, while imports for the other leaders experienced mixed trend patterns.
In value terms, Indonesia ($X), the Netherlands ($X) and Germany ($X) constituted the largest nutmeg, mace and cardamom suppliers to Belgium, together accounting for X% of total imports. France and Viet Nam lagged somewhat behind, together comprising a further X Nam recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average nutmeg, mace and cardamom import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. In general, the import price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was France ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for nutmeg, mace and cardamoms in the world?+
India (43K tonnes) constituted the country with the largest volume of nutmeg, mace and cardamom consumption, accounting for 34% of total volume. Moreover, nutmeg, mace and cardamom consumption in India exceeded the figures recorded by the second-largest consumer, Indonesia (19K tonnes), twofold. Saudi Arabia (9.4K tonnes) ranked third in terms of total consumption with a 7.4% 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 2019 were Indonesia (44K tonnes), Guatemala (38K tonnes) and India (38K tonnes), with a combined 82% share of global production.
What are the leading suppliers of nutmeg, mace and cardamoms to Belgium?+
In value terms, the largest nutmeg, mace and cardamom suppliers to Belgium were Indonesia ($2.5M), the Netherlands ($2.4M) and Germany ($458K), with a combined 87% share of total imports. These countries were followed by France and Viet Nam, which together accounted for a further 9.6%.
What are the leading importers of nutmeg, mace and cardamoms from Belgium?+
In value terms, France ($912K), the Netherlands ($808K) and the UK ($589K) appeared to be the largest markets for nutmeg, mace and cardamom exported from Belgium worldwide, with a combined 71% share of total exports. These countries were followed by Germany, Democratic Republic of the Congo, Portugal and Burundi, which together accounted for a further 23%.
What is the average export price for nutmeg, mace and cardamoms in Belgium?+
The average nutmeg, mace and cardamom export price stood at $11,080 per tonne in 2019, dropping by -9.8% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Belgium?+
The average nutmeg, mace and cardamom import price stood at $10,505 per tonne in 2019, shrinking by -4.8% against the previous year.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Belgium. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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