Spices; Nutmeg Price in Venezuela - 2022

Contents:

  1. Spices; Nutmeg Price in Venezuela (CIF) - 2022
  2. Spices; Nutmeg Imports in Venezuela

Spices; Nutmeg Price in Venezuela (CIF) - 2022

The average spices; nutmeg import price stood at $7,967 per ton in 2022, surging by 3% against the previous year. Over the period under review, the import price, however, saw a pronounced curtailment. The import price peaked at $12,629 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($34,249 per ton), while the price for Germany ($6,357 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Spices; Nutmeg Imports in Venezuela

In 2022, overseas purchases of spices; nutmeg were finally on the rise to reach 125 tons after two years of decline. Overall, imports, however, continue to indicate a abrupt contraction.

In value terms, spices; nutmeg imports expanded rapidly to $998K in 2022. In general, imports, however, saw a abrupt decline.

Import of Spices; Nutmeg in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.31.00.91.0-8.4%
Others0.10.1N/AN/A0.0%
Total1.31.10.91.0-8.4%

Top Suppliers of Spices; Nutmeg to Venezuela in 2022:

  1. Indonesia (122.9 tons)

Source: IndexBox Market Intelligence Platform

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Guatemala, Indonesia and India Appear as the Largest Suppliers of Nutmeg
Jun 28, 2018
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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

Which Country Produces the Most Nutmeg, Mace and Cardamoms in the World?
Nov 1, 2017
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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.

Guatemala’s Exports of Nutmeg, Mace and Cardamom Remain Strongest in the World
Sep 24, 2015
Eye 3993

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,

Guatemala, Indonesia and India Appear as the Largest Suppliers of Nutmeg
Jun 28, 2018
Eye 3876

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

Which Country Produces the Most Nutmeg, Mace and Cardamoms in the World?
Nov 1, 2017
Eye 8559

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.

Guatemala’s Exports of Nutmeg, Mace and Cardamom Remain Strongest in the World
Sep 24, 2015
Eye 3993

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,

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