Spices; Nutmeg Price in Kuwait - 2022
Contents:
Spices; Nutmeg Price in Kuwait (CIF) - 2022
In 2022, the average spices; nutmeg import price amounted to $2,683 per ton, picking up by 2.8% against the previous year. In general, the import price, however, showed a noticeable slump. Over the period under review, average import prices reached the peak figure at $4,365 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 -4.8% per year.
Spices; Nutmeg Imports in Kuwait
After three years of growth, overseas purchases of spices; nutmeg decreased by -3.5% to 3.5 tons in 2022. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 7.7% against the previous year.
In value terms, spices; nutmeg imports declined slightly to $9.5K in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 1.7%.
| Import of Spices; Nutmeg in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.2 | 9.4 | 9.6 | 9.5 | 1.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.2 | 9.4 | 9.6 | 9.5 | 1.1% |
Top Suppliers of Spices; Nutmeg to Kuwait in 2022:
- India (3.5 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kuwait.
4065
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
664
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kuwait.
4065
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3856
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
8544
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.
3978
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,
3856
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
8544
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.
3978
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,
