Spices; Nutmeg Price in Kenya - 2022
Contents:
Spices; Nutmeg Price in Kenya (CIF) - 2022
In 2022, the average spices; nutmeg import price amounted to $28,089 per ton, reducing by -8.3% against the previous year. Overall, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 18%. Over the period under review, average import prices reached the maximum at $30,615 per ton in 2021, and then fell in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +14.6% per year.
Spices; Nutmeg Imports in Kenya
After two years of decline, overseas purchases of spices; nutmeg increased by 6.2% to 3.4 tons in 2022. In general, imports, however, continue to indicate a abrupt setback.
In value terms, spices; nutmeg imports dropped slightly to $96K in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 5.4% against the previous year.
| Import of Spices; Nutmeg in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 88.3 | 93.1 | 98.1 | 95.6 | 2.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 88.3 | 93.1 | 98.1 | 95.6 | 2.7% |
Top Suppliers of Spices; Nutmeg to Kenya in 2022:
- India (3.4 tons)
622
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kenya.
4152
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
622
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kenya.
4152
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3899
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
8591
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.
4026
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,
3899
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
8591
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.
4026
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,
