Report Hong Kong SAR, China - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Hong Kong SAR, China - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Market for Nutmeg, Mace And Cardamoms 2022

Market Size for Nutmeg, Mace And Cardamoms in Hong Kong SAR, China

In 2021, the Hong Kong nutmeg, mace and cardamom market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, saw a pronounced reduction. Nutmeg, mace and cardamom consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Nutmeg, Mace And Cardamoms

Exports from Hong Kong SAR, China

In 2021, the amount of nutmeg, mace and cardamoms exported from Hong Kong SAR expanded remarkably to X tonnes, surging by X% compared with the previous year. Over the period under review, exports, however, recorded a slight setback. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. As a result, the exports attained the peak of X tonnes. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, nutmeg, mace and cardamom exports skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for nutmeg, mace and cardamom exports from Hong Kong SAR, with a X% share of total exports. Moreover, nutmeg, mace and cardamom exports to China exceeded the volume sent to the second major destination, South Africa (X kg), more than tenfold. Vietnam (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-X% per year) and Vietnam (+X% per year).

In value terms, China ($X) emerged as the key foreign market for nutmeg, mace and cardamom exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-X% per year) and the Philippines (-X% per year).

Export Prices by Country

In 2021, the average nutmeg, mace and cardamom export price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports into Hong Kong SAR, China

In 2021, 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. In general, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, nutmeg, mace and cardamom imports soared to $X in 2021. Overall, imports, however, continue to indicate a mild slump. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X tonnes), India (X tonnes) and Malaysia (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Hong Kong SAR, together comprising X% of total imports. Japan, Taiwan (Chinese), China and Thailand lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Taiwan (Chinese) (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of nutmeg, mace and cardamom to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Japan stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Indonesia (-X% per year).

Import Prices by Country

In 2021, the average nutmeg, mace and cardamom import price amounted to $X per tonne, jumping by X% against the previous year. In general, the import price enjoyed prominent growth. 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 Japan ($X per tonne), while the price for Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?
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The countries with the highest volumes of nutmeg, mace and cardamom consumption in 2021 were India, China and Indonesia, together accounting for 47% of global consumption.
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 2021 were Indonesia, India and Guatemala, with a combined 83% share of global production. Nepal, Sri Lanka, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together comprising a further 12%.
What are the leading suppliers of nutmeg, mace and cardamoms to Hong Kong SAR, China?
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In value terms, Japan constituted the largest supplier of nutmeg, mace and cardamom to Hong Kong SAR, comprising 51% of total imports. The second position in the ranking was occupied by India, with a 21% share of total imports. It was followed by Indonesia, with a 17% share.
What are the leading importers of nutmeg, mace and cardamoms from Hong Kong SAR, China?
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In value terms, China emerged as the key foreign market for nutmeg, mace and cardamom exports from Hong Kong SAR, comprising 49% of total exports. The second position in the ranking was occupied by South Africa, with a 24% share of total exports. It was followed by the Philippines, with a 12% share.
What is the average export price for nutmeg, mace and cardamoms in Hong Kong SAR, China?
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In 2021, the average nutmeg, mace and cardamom export price amounted to $10,384 per tonne, jumping by 18% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Hong Kong SAR, China?
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In 2021, the average nutmeg, mace and cardamom import price amounted to $17,457 per tonne, rising by 35% against the previous year.

This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Hong Kong SAR, 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 2030.


Product coverage:
• FCL 702 - Nutmeg, mace, cardamoms
Country coverage:
• Hong Kong SAR

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hong Kong SAR, 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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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