
Egypt - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Egypt: Overview of the Market for Nutmeg, Mace And Cardamoms 2021
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Market Size for Nutmeg, Mace And Cardamoms in Egypt
In 2019, the Egyptian nutmeg, mace and cardamom market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption enjoyed a resilient expansion. 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 Egypt
In 2019, the amount of nutmeg, mace and cardamoms exported from Egypt fell modestly to X tonnes, dropping by -X% compared with the previous year's figure. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2009 with an increase of 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 surged to $X in 2019. In general, exports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Exports peaked at $X in 2010; however, from 2011 to 2019, exports failed to regain the momentum.
Exports by Country
India (X tonnes) was the main destination for nutmeg, mace and cardamom exports from Egypt, accounting for a X% share of total exports. Moreover, nutmeg, mace and cardamom exports to India exceeded the volume sent to the second major destination, Sweden (X tonnes), fivefold. Nigeria (X tonnes) ranked third in terms of total exports with a X% share.
From 2007 to 2019, the average annual growth rate of volume to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Nigeria (-X% per year).
In value terms, India ($X) emerged as the key foreign market for nutmeg, mace and cardamom exports from Egypt, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Canada, with a X% share.
From 2007 to 2019, the average annual growth rate of value to India amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and Canada (+X% per year).
Export Prices by Country
In 2019, the average nutmeg, mace and cardamom export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.
Prices varied noticeably by the country of destination; the country with the highest price was Poland ($X per tonne), while the average price for exports to Nigeria ($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 Poland, while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nutmeg, Mace And Cardamoms
Imports into Egypt
In 2019, overseas purchases of nutmeg, mace and cardamoms increased by X% to X tonnes for the first time since 2014, thus ending a four-year declining trend. In general, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nutmeg, mace and cardamom imports surged to $X in 2019. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2019, Guatemala (X tonnes) constituted the largest nutmeg, mace and cardamom supplier to Egypt, with a X% share of total imports. Moreover, nutmeg, mace and cardamom imports from Guatemala exceeded the figures recorded by the second-largest supplier, Indonesia (X tonnes), fivefold. The third position in this ranking was occupied by the United Arab Emirates (X tonnes), with a X% share.
From 2007 to 2019, the average annual growth rate of volume from Guatemala totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and the United Arab Emirates (+X% per year).
In value terms, Guatemala ($X) constituted the largest supplier of nutmeg, mace and cardamom to Egypt, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports. It was followed by India, with a X% share.
From 2007 to 2019, the average annual growth rate of value from Guatemala totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and India (+X% per year).
Import Prices by Country
The average nutmeg, mace and cardamom import price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period under review, the import price enjoyed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin; the country with the highest price was Guatemala ($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 Guatemala, 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) remains the largest nutmeg, mace and cardamom consuming country worldwide, comprising approx. 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), together comprising 82% of global production.
What are the leading suppliers of nutmeg, mace and cardamoms to Egypt?+
In value terms, Guatemala ($24M) constituted the largest supplier of nutmeg, mace and cardamom to Egypt, comprising 79% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($2.7M), with a 9.1% share of total imports. It was followed by India, with a 6.4% share.
What are the leading importers of nutmeg, mace and cardamoms from Egypt?+
In value terms, India ($83K) emerged as the key foreign market for nutmeg, mace and cardamom exports from Egypt, comprising 49% of total exports. The second position in the ranking was occupied by Poland ($28K), with a 16% share of total exports. It was followed by Canada, with a 15% share.
What is the average export price for nutmeg, mace and cardamoms in Egypt?+
The average nutmeg, mace and cardamom export price stood at $9,217 per tonne in 2019, jumping by 36% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Egypt?+
The average nutmeg, mace and cardamom import price stood at $14,094 per tonne in 2019, jumping by 67% against the previous year.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Egypt. 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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