Latest Report Update: Nov 16, 2021

Malaysia - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

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, Privacy Policy and Licenses. We'll occasionally send you account related emails.

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

Market Size for Nutmeg, Mace And Cardamoms in Malaysia

The Malaysian nutmeg, mace and cardamom market surged to $X in 2020, with an increase of X% against the previous year. In general, consumption, however, posted a measured increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2011 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Nutmeg, Mace And Cardamoms in Malaysia

In value terms, nutmeg, mace and cardamom production expanded remarkably to $X in 2020 estimated in export prices. Overall, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Nutmeg, mace and cardamom production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

The average yield of nutmeg, mace and cardamoms in Malaysia dropped slightly to X tonnes per ha in 2020, which is down by -X% compared with the previous year's figure. In general, the yield continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, the yield attained the peak level of X tonnes per ha. from 2014 to 2020, the growth of the average nutmeg, mace and cardamom yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of nutmeg, mace and cardamoms in Malaysia shrank to X ha, with a decrease of -X% against 2019 figures. Over the period under review, the harvested area continues to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% y-o-y. The nutmeg, mace and cardamom harvested area peaked at X ha in 2007; however, from 2008 to 2020, the harvested area stood at a somewhat lower figure.

Exports of Nutmeg, Mace And Cardamoms

Exports from Malaysia

In 2020, shipments abroad of nutmeg, mace and cardamoms decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2012 to 2020, the growth exports failed to regain the momentum.

In value terms, nutmeg, mace and cardamom exports rose rapidly to $X in 2020. In general, exports showed notable growth. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

South Korea (X tonnes) was the main destination for nutmeg, mace and cardamom exports from Malaysia, with a X% share of total exports. Moreover, nutmeg, mace and cardamom exports to South Korea exceeded the volume sent to the second major destination, Hong Kong SAR (X tonnes), threefold. Singapore (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to South Korea totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Singapore (+X% per year).

In value terms, the largest markets for nutmeg, mace and cardamom exported from Malaysia were South Korea ($X), Thailand ($X) and Hong Kong SAR ($X), together accounting for X% of total exports. Taiwan (Chinese), New Zealand, Singapore, Indonesia and South Africa lagged somewhat behind, together accounting for a further X terms of the main countries of destination, New Zealand recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average nutmeg, mace and cardamom export price amounted to $X per tonne, with an increase of X% against the previous year. In general, the export price saw a strong increase. The growth pace was the most rapid in 2012 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was New Zealand ($X per tonne), while the average price for exports to South Africa ($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 Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports into Malaysia

In 2020, the amount of nutmeg, mace and cardamoms imported into Malaysia totaled X tonnes, growing by X% compared with 2019 figures. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Imports peaked at X tonnes in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom imports surged to $X in 2020. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked in 2020 and are likely to continue growth in the near future.

Imports by Country

India (X tonnes), Indonesia (X tonnes) and Guatemala (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Malaysia, with a combined X% share of total imports. These countries were followed by El Salvador, the United Arab Emirates and Singapore, which together accounted for a further X 2007 to 2020, the biggest increases were in El Salvador (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Guatemala ($X) and El Salvador ($X) were the largest nutmeg, mace and cardamom suppliers to Malaysia, with a combined X% share of total imports.

El Salvador (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 2020, picking up by X% against the previous year. In general, the import price showed a prominent expansion. 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 in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by El Salvador, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?
+
India (37K tonnes) constituted the country with the largest volume of nutmeg, mace and cardamom consumption, comprising approx. 31% 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. The third position in this ranking was occupied by Saudi Arabia (9.5K tonnes), with a 7.9% 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 2020 were Indonesia (46K tonnes), India (41K tonnes) and Guatemala (40K tonnes), together comprising 78% of global production. Saudi Arabia, Nepal, Sri Lanka and Grenada lagged somewhat behind, together comprising a further 16%.
What are the leading suppliers of nutmeg, mace and cardamoms to Malaysia?
+
In value terms, the largest nutmeg, mace and cardamom suppliers to Malaysia were India ($3.3M), Guatemala ($3.2M) and El Salvador ($972K), together accounting for 80% of total imports.
What are the leading importers of nutmeg, mace and cardamoms from Malaysia?
+
In value terms, South Korea ($626K), Thailand ($371K) and Hong Kong SAR ($360K) were the largest markets for nutmeg, mace and cardamom exported from Malaysia worldwide, together accounting for 59% of total exports. These countries were followed by Taiwan (Chinese), New Zealand, Singapore, Indonesia and South Africa, which together accounted for a further 37%.
What is the average export price for nutmeg, mace and cardamoms in Malaysia?
+
In 2020, the average nutmeg, mace and cardamom export price amounted to $14,774 per tonne, picking up by 12% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Malaysia?
+
In 2020, the average nutmeg, mace and cardamom import price amounted to $12,687 per tonne, growing by 4.4% 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 Malaysia. 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:
• Malaysia

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

Biodiesel Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global biodiesel market.



Monday, December 20th, 2021 @ 04:00 pm ET


Register

Biogas Market: Getting to Net-Zero amid Energy Crisis



Join our live webinar to get insights into the global biogas market.



Thursday, November 18th, 2021 @ 04:00 pm ET

Webinar: Global Animal Feed Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global animal feed market.



Thursday, February 11th, 2021 @ 04:00 pm ET

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data