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

Market Size for Nutmeg, Mace And Cardamoms in Poland

The Polish nutmeg, mace and cardamom market dropped to $X in 2019, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Nutmeg, mace and cardamom consumption peaked at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Exports of Nutmeg, Mace And Cardamoms

Exports from Poland

Nutmeg, mace and cardamom exports from Poland rose rapidly to X tonnes in 2019, increasing by X% compared with the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports rose markedly to $X in 2019. Over the period under review, exports, however, posted notable growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2012 to 2019, the growth exports remained at a lower figure.

Exports by Country

The Czech Republic (X tonnes), Latvia (X tonnes) and Romania (X tonnes) were the main destinations of nutmeg, mace and cardamom exports from Poland, with a combined X% share of total exports. Italy, Russia, Hungary, Slovakia, France and Portugal lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Italy (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), the Czech Republic ($X) and Russia ($X) constituted the largest markets for nutmeg, mace and cardamom exported from Poland worldwide, with a combined X% share of total exports. Italy, Portugal, Latvia, Hungary, Slovakia and France lagged somewhat behind, together accounting for a further X the main countries of destination, Italy (+X% per year) saw the highest rates of growth with regard to 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

The average nutmeg, mace and cardamom export price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, export price indicated a noticeable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, nutmeg, mace and cardamom export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Portugal ($X per tonne), while the average price for exports to Latvia ($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 the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports into Poland

Nutmeg, mace and cardamom imports into Poland dropped to X tonnes in 2019, waning by -X% compared with the previous year. In general, imports showed a slight decrease. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2011 to 2019, the growth imports remained at a lower figure.

In value terms, nutmeg, mace and cardamom imports contracted to $X in 2019. Over the period under review, imports posted a noticeable expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X tonnes), Guatemala (X tonnes) and Germany (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Poland, with a combined X% share of total imports. The Netherlands, France, Spain and Grenada lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in the Netherlands (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

The Netherlands (+X% per year) saw the highest rates of growth with regard to the value of imports, among 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 2019, declining by -X% against the previous year. Overall, the import price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Guatemala ($X per tonne), while the price for Germany ($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?

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The country with the largest volume of nutmeg, mace and cardamom consumption was India (43K tonnes), accounting for 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), together accounting for 82% of global production.

What are the leading suppliers of nutmeg, mace and cardamoms to Poland?

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In value terms, Indonesia ($769K), Guatemala ($631K) and the Netherlands ($166K) constituted the largest nutmeg, mace and cardamom suppliers to Poland, together accounting for 79% of total imports.

What are the leading importers of nutmeg, mace and cardamoms from Poland?

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In value terms, the largest markets for nutmeg, mace and cardamom exported from Poland were Romania ($98K), the Czech Republic ($86K) and Russia ($76K), with a combined 39% share of total exports. These countries were followed by Italy, Portugal, Latvia, Hungary, Slovakia and France, which together accounted for a further 39%.

What is the average export price for nutmeg, mace and cardamoms in Poland?

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The average nutmeg, mace and cardamom export price stood at $13,031 per tonne in 2019, dropping by -2.1% against the previous year.

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

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The average nutmeg, mace and cardamom import price stood at $11,320 per tonne in 2019, shrinking by -3.9% against the previous year.