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

Market Size for Nutmeg, Mace and Cardamoms in China

The Chinese nutmeg, mace and cardamom market surged to $X in 2020, rising 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 recorded significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Nutmeg, Mace and Cardamoms

Exports from China

In 2020, overseas shipments of nutmeg, mace and cardamoms increased by X% to X tonnes, rising for the second year in a row after two years of decline. in general, exports posted a significant expansion. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports rose notably to $X in 2020. Overall, exports posted a significant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2016; however, from 2017 to 2020, exports remained at a lower figure.

Exports by Country

Indonesia (X tonnes) was the main destination for nutmeg, mace and cardamom exports from China, with a X% share of total exports. Moreover, nutmeg, mace and cardamom exports to Indonesia exceeded the volume sent to the second major destination, Germany (X tonnes), twofold.

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

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

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: Indonesia (+X% per year) and Pakistan (X% per year).

Export Prices by Country

The average nutmeg, mace and cardamom export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. The export price peaked at $X per tonne in 2019, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. in 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to Pakistan ($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 Pakistan, while the prices for the other major destinations experienced a decline.

Imports of Nutmeg, Mace and Cardamoms

Imports into China

Nutmeg, mace and cardamom imports into China surged to X tonnes in 2020, with an increase of X% on 2019 figures. in general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nutmeg, mace and cardamom imports soared to $X in 2020. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Indonesia (X tonnes) was the main nutmeg, mace and cardamom supplier to China, accounting for a X% share of total imports. It was followed by Sri Lanka (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Indonesia totaled +X%.

In value terms, Indonesia ($X) constituted the largest supplier of nutmeg, mace and cardamom to China, comprising X% of total imports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Indonesia amounted to +X%.

Import Prices by Country

In 2020, the average nutmeg, mace and cardamom import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per tonne), while the price for Sri Lanka amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?
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India (37K tonnes) constituted the country with the largest volume of nutmeg, mace and cardamom consumption, comprising approx. 28% 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 (11K tonnes) ranked third in terms of total consumption with a 8% share.
What are the largest producers of nutmeg, mace and cardamoms in the world?
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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 comprising 83% of global production. Nepal, Sri Lanka, Grenada and Lao People's Democratic Republic lagged somewhat behind, together comprising a further 12%.
What are the leading suppliers of nutmeg, mace and cardamoms to China?
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In value terms, Indonesia ($83M) constituted the largest supplier of nutmeg, mace and cardamom to China, comprising 98% of total imports. The second position in the ranking was occupied by Sri Lanka ($1.1M), with a 1.3% share of total imports.
What are the leading importers of nutmeg, mace and cardamoms from China?
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In value terms, Germany ($927K) remains the key foreign market for nutmeg, mace and cardamom exports from China, comprising 78% of total exports. The second position in the ranking was occupied by Indonesia ($232K), with a 19% share of total exports.
What is the average export price for nutmeg, mace and cardamoms in China?
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In 2020, the average nutmeg, mace and cardamom export price amounted to $13,224 per tonne, which is down by -36.5% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in China?
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The average nutmeg, mace and cardamom import price stood at $8,454 per tonne in 2020, falling by -13.4% 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 China. 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:

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