World - Nutmeg, Mace And Cardamoms - Market Analysis, Forecast, Size, Trends and Insights

Overview of the Global Market for Nutmeg, Mace And Cardamoms

Market Size for Nutmeg, Mace And Cardamoms

The global nutmeg, mace and cardamom market revenue amounted to $X in 2018, going up by X% against the previous year. Over the period under review, the total market indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. Over the period under review, the global nutmeg, mace and cardamom market reached its peak figure level in 2018, and is likely to continue its growth in the immediate term.

Production of Nutmeg, Mace And Cardamoms

In value terms, nutmeg, mace and cardamom production amounted to $X in 2018 estimated in export prices. In general, nutmeg, mace and cardamom production, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2008, with an increase of X% year-to-year. Global nutmeg, mace and cardamom production peaked in 2018, and is likely to see steady growth in the near future.

The countries with the highest volumes of nutmeg, mace and cardamom production in 2018 were India (X tonnes), Guatemala (X tonnes) and Indonesia (X tonnes), with a combined X% share of global production.

From 2007 to 2018, the most notable rate of growth in terms of nutmeg, mace and cardamom production, amongst the main producing countries, was attained by India, while the other global leaders experienced mixed trends in the production figures.

In 2018, the global average yield of nutmeg, mace and cardamoms stood at X kg per ha, going up by X% against the previous year. In general, nutmeg, mace and cardamom yield, however, continues to indicate a drastic reduction. The pace of growth was the most pronounced in 2018, with an increase of X% y-o-y. Global nutmeg, mace and cardamom yield peaked at X kg per ha in 2007; however, from 2008 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of nutmeg, mace and cardamoms were harvested worldwide; increasing by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to nutmeg, mace and cardamom production attained its peak figure in 2018, and is expected to retain its growth in the immediate term.

Exports of Nutmeg, Mace And Cardamoms

Exports 2007-2018

Global exports stood at X tonnes in 2018, jumping by X% against the previous year. Over the period under review, nutmeg, mace and cardamom exports, however, continue to indicate a drastic curtailment. The growth pace was the most rapid in 2009, with an increase of X% against the previous year. Global exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, nutmeg, mace and cardamom exports stood at $X in 2018. Over the period under review, the total exports indicated a remarkable expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009, with an increase of X% year-to-year. Global exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Indonesia (X tonnes) and Guatemala (X tonnes) represented the key exporters of nutmeg, mace and cardamoms in the globe, together amounting to approx. X% of total exports. It was distantly followed by India (X tonnes) and Nepal (X tonnes), together comprising X% share of total exports. The following exporters - Myanmar (X tonnes), Viet Nam (X tonnes) and Sri Lanka (X tonnes) together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Myanmar, while the other global leaders experienced more modest paces of growth.

In value terms, the largest nutmeg, mace and cardamom markets worldwide were Guatemala ($X), Indonesia ($X) and India ($X), together accounting for X% of global exports. Nepal, Sri Lanka, Myanmar and Viet Nam lagged somewhat behind, together accounting for a further X Nam recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average nutmeg, mace and cardamom export price amounted to $X per kg, picking up by X% against the previous year. Overall, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the nutmeg, mace and cardamom export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Global export price peaked at $X per tonne in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was Guatemala ($X per tonne), while Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Guatemala, while the other global leaders experienced more modest paces of growth.

Imports of Nutmeg, Mace And Cardamoms

Imports 2007-2018

In 2018, the amount of nutmeg, mace and cardamoms imported worldwide amounted to X tonnes, surging by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011, when the imports increased by X% y-o-y. Over the period under review, global nutmeg, mace and cardamom imports reached their maximum at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, nutmeg, mace and cardamom imports stood at $X in 2018. In general, the total imports indicated a remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Global imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

India (X tonnes) and Saudi Arabia (X tonnes) represented roughly X% of total imports of nutmeg, mace and cardamoms in 2018. Pakistan (X tonnes) occupied the next position in the ranking, followed by the U.S. (X tonnes) and Germany (X tonnes). All these countries together occupied approx. X% share of total imports. The Netherlands (X tonnes), Egypt (X tonnes), the United Arab Emirates (X tonnes), Jordan (X tonnes), the UK (X tonnes), Syrian Arab Republic (X tonnes) and Singapore (X tonnes) took a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Egypt, while the other global leaders experienced more modest paces of growth.

In value terms, the largest nutmeg, mace and cardamom importing markets worldwide were Saudi Arabia ($X), India ($X) and the U.S. ($X), with a combined X% share of global imports. These countries were followed by Germany, the Netherlands, the United Arab Emirates, Egypt, the UK, Pakistan, Jordan, Singapore and Syrian Arab Republic, which together accounted for a further X the main importing countries, Egypt recorded the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average nutmeg, mace and cardamom import price amounted to $X per kg, rising by X% against the previous year. Over the period under review, the import price indicated a strong increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the nutmeg, mace and cardamom import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, an increase of X% year-to-year. In that year, the average import prices for nutmeg, mace and cardamoms attained their peak level of $X per kg. From 2011 to 2018, the growth in terms of the average import prices for nutmeg, mace and cardamoms failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Saudi Arabia ($X per tonne), while Syrian Arab Republic ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Saudi Arabia, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform