
Chile - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).
By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.
Chile: Overview of the Market for Nutmeg, Mace And Cardamoms 2021
Webinar: Global Sugar Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global sugar market.
Tuesday, April 13th, 2021 @ 10:00 am ET
Market Size for Nutmeg, Mace And Cardamoms in Chile
The Chilean nutmeg, mace and cardamom market contracted notably to $X in 2019, with a decrease of -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). Overall, consumption, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2018, and then contracted remarkably in the following year.
Exports of Nutmeg, Mace And Cardamoms
Exports from Chile
Nutmeg, mace and cardamom exports from Chile contracted significantly to X kg in 2019, with a decrease of -X% compared with the year before. Overall, exports saw a sharp contraction. The growth pace was the most rapid in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2010; however, from 2011 to 2019, exports failed to regain the momentum.
In value terms, nutmeg, mace and cardamom exports fell to $X in 2019. In general, exports recorded a significant decline. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2015 to 2019, the growth exports remained at a somewhat lower figure.
Exports by Country
Canada (X kg) was the main destination for nutmeg, mace and cardamom exports from Chile, with a approx. X% share of total exports.
From 2007 to 2019, the average annual rate of growth in terms of volume to Canada amounted to -X%.
From 2007 to 2019, the average annual growth rate of value to Canada totaled +X%.
Export Prices by Country
The average nutmeg, mace and cardamom export price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked in 2019 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2007 to 2019, the rate of growth in terms of prices for Canada amounted to +X% per year.
Imports of Nutmeg, Mace And Cardamoms
Imports into Chile
In 2019, approx. X tonnes of nutmeg, mace and cardamoms were imported into Chile; reducing by -X% on the previous year. Over the period under review, imports, however, saw a notable expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes, and then dropped notably in the following year.
In value terms, nutmeg, mace and cardamom imports shrank markedly to $X in 2019. In general, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2018, and then fell notably in the following year.
Imports by Country
In 2019, Indonesia (X tonnes) constituted the largest nutmeg, mace and cardamom supplier to Chile, with a X% share of total imports. Moreover, nutmeg, mace and cardamom imports from Indonesia exceeded the figures recorded by the second-largest supplier, India (X tonnes), sevenfold. Germany (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of volume from Indonesia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Germany (-X% per year).
In value terms, Indonesia ($X) constituted the largest supplier of nutmeg, mace and cardamom to Chile, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value from Indonesia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Germany (-X% per year).
Import Prices by Country
In 2019, the average nutmeg, mace and cardamom import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price saw prominent growth. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Spain ($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 Spain, 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?+
The country with the largest volume of nutmeg, mace and cardamom consumption was India (43K tonnes), 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 Chile?+
In value terms, Indonesia ($157K) constituted the largest supplier of nutmeg, mace and cardamom to Chile, comprising 60% of total imports. The second position in the ranking was occupied by India ($42K), with a 16% share of total imports. It was followed by Germany, with a 9.7% share.
What is the average export price for nutmeg, mace and cardamoms in Chile?+
In 2019, the average nutmeg, mace and cardamom export price amounted to $115,842 per tonne, increasing by 63% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Chile?+
The average nutmeg, mace and cardamom import price stood at $10,761 per tonne in 2019, with an increase of 18% against the previous year.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Chile. 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
Webinar: Global Sugar Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global sugar market.
Tuesday, April 13th, 2021 @ 10:00 am ET
Register
Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global palm oil market.
Thursday, May 6th, 2021 @ 10:00 am ET
Register
Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global fertilizer market.
Thursday, May 13th, 2021 @ 10:00 am ET
Register