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World - Nutmeg, Mace and Cardamoms - Market Analysis, Forecast, Size, Trends and Insights
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Overview of the Global Market for Nutmeg, Mace and Cardamoms

Market Size for Nutmeg, Mace and Cardamoms

For the sixth year in a row, the global nutmeg, mace and cardamom market recorded growth in sales value, which increased by X% to $X in 2020. in general, consumption saw strong growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Global consumption peaked in 2020 and is expected to retain growth in years to come.

Production of Nutmeg, Mace and Cardamoms

In value terms, nutmeg, mace and cardamom production skyrocketed to $X in 2020 estimated in export prices. in general, production enjoyed buoyant growth. The pace of growth was the most pronounced in 2008 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level in 2020 and is expected to retain growth in the immediate term.

The countries with the highest volumes of nutmeg, mace and cardamom production in 2020 were Indonesia (X tonnes), India (X tonnes) and Guatemala (X tonnes), with a combined X% share of global production. These countries were followed by Nepal, Sri Lanka, Grenada and Lao People's Democratic Republic, which together accounted for a further X 2007 to 2020, the biggest increases were in Grenada, while nutmeg, mace and cardamom production for the other global leaders experienced more modest paces of growth.

The global average nutmeg, mace and cardamom yield amounted to X kg per ha in 2020, approximately mirroring the year before. in general, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. Over the period under review, the average nutmeg, mace and cardamom yield hit record highs at X kg per ha in 2018; however, from 2019 to 2020, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of nutmeg, mace and cardamoms production worldwide rose markedly to X ha, growing by X% against the previous year's figure. Overall, the total harvested area indicated tangible growth from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, nutmeg, mace and cardamom harvested area increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The global harvested area peaked in 2020 and is likely to see steady growth in years to come.

Production by Country

The countries with the highest volumes of nutmeg, mace and cardamom production in 2020 were Indonesia (X tonnes), India (X tonnes) and Guatemala (X tonnes), together comprising X% of global production. Nepal, Sri Lanka, Grenada and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Grenada, while nutmeg, mace and cardamom production for the other global leaders experienced more modest paces of growth.

Exports of Nutmeg, Mace and Cardamoms

Exports

In 2020, global nutmeg, mace and cardamom exports soared to X tonnes, growing by X% against 2019. in general, total exports indicated a strong increase from 2007 to 2020: its volume increased 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. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Global exports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, nutmeg, mace and cardamom exports surged to $X in 2020. Overall, exports recorded a strong increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Global exports peaked in 2020 and are likely to see steady growth in the near future.

Exports by Country

Indonesia (X tonnes) and Guatemala (X tonnes) represented roughly X% of total exports of nutmeg, mace and cardamoms in 2020. It was distantly followed by India (X tonnes) and Nepal (X tonnes), together making up a X% share of total exports. Myanmar (X tonnes), the Netherlands (X tonnes) and Sri Lanka (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Myanmar, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Guatemala ($X) remains the largest nutmeg, mace and cardamom supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global exports. It was followed by India, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Guatemala stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+X% per year) and India (+X% per year).

Export Prices by Country

In 2020, the average nutmeg, mace and cardamom export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, export price indicated a strong increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, nutmeg, mace and cardamom export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 when the average export price increased by X% against the previous year. Global export price peaked at $X per tonne in 2019, and then fell in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Guatemala ($X per tonne), while Myanmar ($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 other global leaders experienced more modest paces of growth.

Imports of Nutmeg, Mace and Cardamoms

Imports

Global nutmeg, mace and cardamom imports skyrocketed to X tonnes in 2020, growing by X% against the previous year's figure. Over the period under review, total imports indicated noticeable growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nutmeg, mace and cardamom imports surged to $X in 2020. in general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, global imports attained the maximum in 2020 and are likely to see gradual growth in years to come.

Imports by Country

The purchases of the four major importers of nutmeg, mace and cardamoms, namely Saudi Arabia, the United Arab Emirates, India and China, represented more than third of total import. Ghana (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by the U.S. (X%). The following importers - Bangladesh (X tonnes), Pakistan (X tonnes), Germany (X tonnes), the Netherlands (X tonnes), the UK (X tonnes), Egypt (X tonnes) and Singapore (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (+X% per year), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and India ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of global imports. China, Bangladesh, the U.S., the Netherlands, Germany, Egypt, the UK, Singapore, Pakistan and Ghana lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global 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 2020, growing by X% against the previous year. Over the period under review, import price indicated a strong increase from 2007 to 2020: its price increased 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, nutmeg, mace and cardamom import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. Global import price peaked in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was Saudi Arabia ($X per tonne), while Ghana ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders 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?
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The country with the largest volume of nutmeg, mace and cardamom consumption was India (37K tonnes), comprising approx. 28% 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 (11K tonnes), with a 8% 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 2020 were Indonesia (46K tonnes), India (41K tonnes) and Guatemala (40K tonnes), together accounting for 83% of global production. These countries were followed by Nepal, Sri Lanka, Grenada and Lao People's Democratic Republic, which together accounted for a further 12%.
What are the leading suppliers of nutmeg, mace and cardamoms in the world?
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In value terms, Guatemala ($741M) remains the largest nutmeg, mace and cardamom supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Indonesia ($223M), with a 16% share of global exports. It was followed by India, with a 11% share.
What are the leading importers of nutmeg, mace and cardamoms in the world?
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In value terms, Saudi Arabia ($308M), the United Arab Emirates ($210M) and India ($91M) were the countries with the highest levels of imports in 2020, with a combined 44% share of global imports. These countries were followed by China, Bangladesh, the U.S., the Netherlands, Germany, Egypt, the UK, Singapore, Pakistan and Ghana, which together accounted for a further 30%.
What is the average export price for nutmeg, mace and cardamoms in the world?
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In 2020, the average nutmeg, mace and cardamom export price amounted to $11,661 per tonne, declining by -2.1% against the previous year.
What is the average import price for nutmeg, mace and cardamoms in the world?
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In 2020, the average nutmeg, mace and cardamom import price amounted to $14,045 per tonne, surging by 11% against the previous year.

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

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



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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