Spices; Nutmeg Price in Tanzania - 2022
Contents:
Spices; Nutmeg Price in Tanzania (CIF) - 2022
The average spices; nutmeg import price stood at $5,574 per ton in 2022, with a decrease of -14.8% against the previous year. Over the period under review, the import price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 38%. Over the period under review, average import prices reached the maximum at $6,544 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($10,050 per ton), while the price for South Africa ($1,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Nutmeg Imports in Tanzania
After two years of decline, purchases abroad of spices; nutmeg increased by 8.3% to 209 kg in 2022. Overall, imports, however, saw a abrupt decrease.
In value terms, spices; nutmeg imports declined to $1.2K in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 18%.
| Import of Spices; Nutmeg in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 610 | 741 | 892 | 844 | 11.4% |
| United Arab Emirates | 187 | 207 | 232 | 201 | 2.4% |
| United Kingdom | 72.0 | 80.0 | 93.0 | 80.0 | 3.6% |
| South Africa | 34.0 | 40.0 | 46.0 | 40.0 | 5.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 903 | 1,068 | 1,263 | 1,165 | 8.9% |
Top Suppliers of Spices; Nutmeg to Tanzania in 2022:
- India (130.0 kg)
- South Africa (30.0 kg)
- United Kingdom (29.0 kg)
- United Arab Emirates (20.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Tanzania.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Tanzania.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3791
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8455
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3900
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3791
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8455
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3900
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
