Latest Report Update: Nov 16, 2021

Norway - 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.

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

Market Size for Nutmeg, Mace And Cardamoms in Norway

In 2020, the Norwegian nutmeg, mace and cardamom market increased by X% to $X, rising for the sixth year in a row after three years of decline. Over the period under review, the total consumption indicated pronounced growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2014 indices. 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 Norway

In 2020, overseas shipments of nutmeg, mace and cardamoms increased by X% to X tonnes for the first time since 2016, thus ending a three-year declining trend. Over the period under review, exports continue to indicate buoyant growth. 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 surged to $X in 2020. Overall, exports continue to indicate a significant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for nutmeg, mace and cardamom exports from Norway, accounting for a X% share of total exports. Moreover, nutmeg, mace and cardamom exports to the Netherlands exceeded the volume sent to the second major destination, Sweden (X kg), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Netherlands stood at +X%.

From 2007 to 2020, the average annual growth rate of value to the Netherlands stood at +X%.

Export Prices by Country

In 2020, the average nutmeg, mace and cardamom export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price showed a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure in 2020 and is likely to continue 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 Sweden ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Imports of Nutmeg, Mace And Cardamoms

Imports into Norway

Nutmeg, mace and cardamom imports into Norway rose markedly to X tonnes in 2020, growing by X% compared with 2019. Overall, imports, however, saw a mild descent. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, nutmeg, mace and cardamom imports surged to $X in 2020. Over the period under review, imports, however, recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Guatemala (X tonnes), Indonesia (X tonnes) and the Netherlands (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Norway, together accounting for X% of total imports. India, Germany and Grenada lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value from Guatemala stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Germany (+X% per year).

Import Prices by Country

In 2020, the average nutmeg, mace and cardamom import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price posted a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Grenada ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 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), with a combined 78% share of global production. Saudi Arabia, Nepal, Sri Lanka and Grenada lagged somewhat behind, together accounting for a further 16%.
What are the leading suppliers of nutmeg, mace and cardamoms to Norway?
+
In value terms, Guatemala ($2.2M) constituted the largest supplier of nutmeg, mace and cardamom to Norway, comprising 44% of total imports. The second position in the ranking was occupied by Indonesia ($695K), with a 14% share of total imports. It was followed by Germany, with a 13% share.
What is the average export price for nutmeg, mace and cardamoms in Norway?
+
The average nutmeg, mace and cardamom export price stood at $33,039 per tonne in 2020, surging by 85% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Norway?
+
The average nutmeg, mace and cardamom import price stood at $23,025 per tonne in 2020, jumping by 57% 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 Norway. 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:
• Norway

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