Qatar: Market for Nutmeg, Mace And Cardamoms 2022

Market Size for Nutmeg, Mace And Cardamoms in Qatar

In 2021, the Qatari nutmeg, mace and cardamom market decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, continues to indicate buoyant growth. Over the period under review, the market attained the peak level at $X in 2020, and then reduced rapidly in the following year.

Exports of Nutmeg, Mace And Cardamoms

Exports from Qatar

In 2021, shipments abroad of nutmeg, mace and cardamoms decreased by -X% to less than X kg, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, the exports attained the peak of X tonnes. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom exports dropped markedly to $less than X in 2021. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X kg) was the main destination for nutmeg, mace and cardamom exports from Qatar, accounting for a approx. X% share of total exports.

From 2012 to 2015, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2012 to 2015, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2015, the average nutmeg, mace and cardamom export price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure in 2015 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2015, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Nutmeg, Mace And Cardamoms

Imports into Qatar

In 2021, imports of nutmeg, mace and cardamoms into Qatar dropped to X tonnes, waning by -X% against the previous year. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2020, and then dropped in the following year.

In value terms, nutmeg, mace and cardamom imports fell remarkably to $X in 2021. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2020, and then declined sharply in the following year.

Imports by Country

Guatemala (X tonnes), India (X tonnes) and Kuwait (X tonnes) were the main suppliers of nutmeg, mace and cardamom imports to Qatar, with a combined X% share of total imports. These countries were followed by Indonesia, which accounted for a further X 2012 to 2021, the biggest increases were in Indonesia (+X%), while purchases for the other leaders experienced more modest paces of growth.

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

Among the main suppliers, Kuwait, with a CAGR of +X%, saw the highest rates of growth with regard to 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

In 2021, the average nutmeg, mace and cardamom import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne, and then fell sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Guatemala ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform