Report Turkey - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Turkey - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Turkey: Market for Nutmeg, Mace And Cardamoms 2022

Market Size for Nutmeg, Mace And Cardamoms in Turkey

In 2021, the Turkish nutmeg, mace and cardamom market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption recorded a significant expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Nutmeg, Mace And Cardamoms in Turkey

In value terms, nutmeg, mace and cardamom production shrank modestly to $X in 2021 estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average yield of nutmeg, mace and cardamoms in Turkey totaled less than X kg per ha, approximately equating the previous year. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. less than X ha of nutmeg, mace and cardamoms were harvested in Turkey; approximately equating the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Nutmeg, Mace And Cardamoms

Exports from Turkey

In 2021, overseas shipments of nutmeg, mace and cardamoms increased by X% to X tonnes, rising for the fourth year in a row after three years of decline. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nutmeg, mace and cardamom exports surged to $X in 2021. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Pakistan (X tonnes), Sweden (X tonnes) and Canada (X tonnes) were the main destinations of nutmeg, mace and cardamom exports from Turkey, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (+X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nutmeg, mace and cardamom exported from Turkey were Sweden ($X), Switzerland ($X) and Canada ($X), with a combined X% share of total exports.

Canada, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 2021, jumping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+X%), while the prices for the other major destinations experienced a decline.

Imports of Nutmeg, Mace And Cardamoms

Imports into Turkey

In 2021, purchases abroad of nutmeg, mace and cardamoms increased by X% to X tonnes, rising for the third year in a row after two years of decline. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, nutmeg, mace and cardamom imports surged to $X in 2021. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Guatemala (X tonnes) constituted the largest supplier of nutmeg, mace and cardamom to Turkey, with a X% share of total imports. Moreover, nutmeg, mace and cardamom imports from Guatemala exceeded the figures recorded by the second-largest supplier, Indonesia (X tonnes), sixfold. Tanzania (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Guatemala amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Tanzania (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from Guatemala amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Tanzania (+X% per year).

Import Prices by Country

In 2021, the average nutmeg, mace and cardamom import price amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price saw modest growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($X per tonne), while the price for Sri Lanka ($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

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for nutmeg, mace and cardamoms in the world?
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The countries with the highest volumes of nutmeg, mace and cardamom consumption in 2021 were India, China and Indonesia, with a combined 47% share of global consumption.
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 2021 were Indonesia, India and Guatemala, with a combined 83% share of global production. Nepal, Sri Lanka, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together comprising a further 12%.
What are the leading suppliers of nutmeg, mace and cardamoms to Turkey?
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In value terms, Guatemala constituted the largest supplier of nutmeg, mace and cardamom to Turkey, comprising 70% of total imports. The second position in the ranking was occupied by Indonesia, with a 13% share of total imports. It was followed by Tanzania, with a 6.7% share.
What are the leading importers of nutmeg, mace and cardamoms from Turkey?
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In value terms, Sweden, Switzerland and Canada appeared to be the largest markets for nutmeg, mace and cardamom exported from Turkey worldwide, with a combined 34% share of total exports.
What is the average export price for nutmeg, mace and cardamoms in Turkey?
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In 2021, the average nutmeg, mace and cardamom export price amounted to $8,513 per tonne, with an increase of 23% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in Turkey?
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In 2021, the average nutmeg, mace and cardamom import price amounted to $4,099 per tonne, with an increase of 5.1% against the previous year.

This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Turkey. 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 2030.


Product coverage:
• FCL 702 - Nutmeg, mace, cardamoms
Country coverage:
• Turkey

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Turkey
• 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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
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, 2007–2021
Figure 22:
Production, In Value Terms, 2007–2021
Figure 23:
Area Harvested, 2007–2021
Figure 24:
Yield, 2007–2021
Figure 25:
Imports, In Physical Terms, 2007–2021
Figure 26:
Imports, In Value Terms, 2007–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2007–2021
Figure 29:
Imports, In Value Terms, By Country, 2007–2021
Figure 30:
Import Prices, By Country Of Origin, 2007–2021
Figure 31:
Exports, In Physical Terms, 2007–2021
Figure 32:
Exports, In Value Terms, 2007–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2007–2021
Figure 35:
Exports, In Value Terms, By Country, 2007–2021
Figure 36:
Export Prices, By Country Of Destination, 2007–2021
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