Kazakhstan: Overview of the Market for Nutmeg, Mace And Cardamoms 2021

Market Size for Nutmeg, Mace And Cardamoms in Kazakhstan

In 2019, the Kazakh nutmeg, mace and cardamom market decreased by -X% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Exports of Nutmeg, Mace And Cardamoms

Exports from Kazakhstan

In 2019, approx. X kg of nutmeg, mace and cardamoms were exported from Kazakhstan; approximately equating the previous year. Overall, exports showed significant growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, exports attained the peak of X kg. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports totaled $X in 2019. Over the period under review, exports faced a abrupt decline. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

From 2007 to 2019, the average annual growth rate of volume to No country was relatively modest.

From 2007 to 2019, the average annual rate of growth in terms of value to No country was relatively modest.

Imports of Nutmeg, Mace And Cardamoms

Imports into Kazakhstan

In 2019, overseas purchases of nutmeg, mace and cardamoms decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Overall, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2017 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom imports shrank to $X in 2019. In general, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tonnes), Latvia (X tonnes) and India (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Kazakhstan, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest nutmeg, mace and cardamom suppliers to Kazakhstan were Russia ($X), Indonesia ($X) and India ($X), with a combined X% share of total imports.

In terms of the main suppliers, India (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nutmeg, mace and cardamom import price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Guatemala ($X per tonne), while the price for Latvia ($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 a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?

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The country with the largest volume of nutmeg, mace and cardamom consumption was India (43K tonnes), 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. The third position in this ranking was occupied by Saudi Arabia (9.4K tonnes), with a 7.4% 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 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 Kazakhstan?

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In value terms, the largest nutmeg, mace and cardamom suppliers to Kazakhstan were Russia ($17K), Indonesia ($11K) and India ($10K), with a combined 71% share of total imports.

What is the average import price for nutmeg, mace and cardamoms in Kazakhstan?

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The average nutmeg, mace and cardamom import price stood at $8,010 per tonne in 2019, increasing by 1.8% against the previous year.