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Saudi Arabia - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Overview of the Market for Nutmeg, Mace And Cardamoms 2021

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Market Size for Nutmeg, Mace And Cardamoms in Saudi Arabia

In 2019, the Saudi nutmeg, mace and cardamom market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. Nutmeg, mace and cardamom consumption peaked in 2019 and is expected to retain growth in the near future.

Exports of Nutmeg, Mace And Cardamoms

Exports from Saudi Arabia

In 2019, shipments abroad of nutmeg, mace and cardamoms was finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. In general, total exports indicated a mild increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2010; however, from 2011 to 2019, exports failed to regain the momentum.

In value terms, nutmeg, mace and cardamom exports expanded remarkably to $X in 2019. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to continue growth in the immediate term.

Exports by Country

Yemen (X tonnes), Kuwait (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of nutmeg, mace and cardamom exports from Saudi Arabia, with a combined X% share of total exports. India, Singapore and Oman lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Oman (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Yemen ($X), Kuwait ($X) and India ($X) constituted the largest markets for nutmeg, mace and cardamom exported from Saudi Arabia worldwide, together comprising X% of total exports. These countries were followed by the United Arab Emirates, Singapore and Oman, which together accounted for a further X the main countries of destination, Oman (+X% per year) 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 2019, the average nutmeg, mace and cardamom export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2010 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2019 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Oman ($X per tonne), while the average price for exports to the United Arab Emirates ($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 Oman (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports into Saudi Arabia

In 2019, nutmeg, mace and cardamom imports into Saudi Arabia shrank modestly to X tonnes, with a decrease of -X% compared with the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom imports soared to $X in 2019. Overall, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Guatemala (X tonnes) was the main nutmeg, mace and cardamom supplier to Saudi Arabia, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Guatemala stood at +X%.

In value terms, Guatemala ($X) constituted the largest supplier of nutmeg, mace and cardamom to Saudi Arabia.

From 2007 to 2019, the average annual growth rate of value from Guatemala stood at +X%.

Import Prices by Country

In 2019, the average nutmeg, mace and cardamom import price amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum in 2019 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Guatemala.

From 2007 to 2019, the rate of growth in terms of prices for Guatemala amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?
+
India (43K tonnes) remains the largest nutmeg, mace and cardamom consuming country worldwide, 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. Saudi Arabia (9.4K tonnes) ranked third in terms of total consumption with a 7.4% 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 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 Saudi Arabia?
+
In value terms, Guatemala ($180M) constituted the largest supplier of nutmeg, mace and cardamom to Saudi Arabia.
What are the leading importers of nutmeg, mace and cardamoms from Saudi Arabia?
+
In value terms, Yemen ($1.9M), Kuwait ($1.4M) and India ($904K) appeared to be the largest markets for nutmeg, mace and cardamom exported from Saudi Arabia worldwide, with a combined 76% share of total exports. These countries were followed by the United Arab Emirates, Singapore and Oman, which together accounted for a further 22%.
What is the average export price for nutmeg, mace and cardamoms in Saudi Arabia?
+
The average nutmeg, mace and cardamom export price stood at $13,654 per tonne in 2019, rising by 7.9% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Saudi Arabia?
+
In 2019, the average nutmeg, mace and cardamom import price amounted to $18,986 per tonne, growing by 38% 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 Saudi Arabia. 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:
• Saudi Arabia

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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