Price for Spices; Nutmeg, Neither Crushed Nor Ground in Oman - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Oman (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Oman (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Oman
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Oman
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Oman (CIF) - 2022
The average import price for spices; nutmeg, neither crushed nor ground stood at $10,255 per ton in 2022, surging by 77% against the previous year. Over the period under review, the import price showed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($10,257 per ton), while the price for the United Arab Emirates amounted to $10,256 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.7%).
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Oman (FOB) - 2022
In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $9,158 per ton, which is down by -20.8% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2019 when the average export price increased by 79% against the previous year. As a result, the export price attained the peak level of $12,811 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2017 to 2022, the rate of growth in terms of prices for Qatar amounted to +6.3% per year.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Oman
After two years of decline, purchases abroad of spices; nutmeg, neither crushed nor ground increased by 3.2% to 8.3 tons in 2022. Over the period under review, imports, however, showed a deep slump.
In value terms, imports of spices; nutmeg, neither crushed nor ground soared to $85K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 27.7 | 18.4 | 37.5 | 51.7 | 23.1% |
| India | 17.0 | 1.9 | 8.7 | 33.1 | 24.9% |
| Indonesia | N/A | 20.5 | N/A | N/A | 0% |
| Others | 0.4 | N/A | 0.2 | 0.1 | -37.0% |
| Total | 45.1 | 40.8 | 46.5 | 84.8 | 23.4% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Oman in 2022:
- United Arab Emirates (5.0 tons)
- India (3.2 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Oman
In 2022, exports of spices; nutmeg, neither crushed nor ground from Oman soared to 366 kg, picking up by 135% compared with the previous year's figure. In general, exports posted buoyant growth.
In value terms, exports of spices; nutmeg, neither crushed nor ground surged to $3.4K in 2022. Overall, exports showed a buoyant increase.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 2.8 | 5.1 | 1.8 | 3.4 | 6.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 5.1 | 1.8 | 3.4 | 6.7% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Oman in 2022:
- Qatar (366.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Oman.
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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 Oman.
4070
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3857
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
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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.
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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,
3857
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
8547
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.
3980
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,
