The highest annual growth of per capita consumption from 2007 to 2016 was in Nepal, with a +25.3% growth. In these countries, per capita consumption remained stagnant or even declined, with the exception of Bhutan, which increased its per capita consumption by +3.5% per year over the last nine year period. By contrast, the share of the UAE (-4 percentage points) and Saudi Arabia (-3 percentage points) declined over the period under review.Īmongst the leading consuming countries, high levels of per capita consumption were recorded in Bhutan (2,775 kg per 1,000), Lao (448 kg per 1,000), the UAE (308 kg per 1,000) and Saudi Arabia (301 kg perġ,000), which were significantly higher than the global average of 15 kg per 1,000. The highest annual rates of growth with regard to nutmeg, mace and cardamom consumption from 2007 to 2016 were recorded in Nepal, with a +26.5% growth, Pakistan, with a +12.3% growth, and Bangladesh and India, with +11.0% and +10.3% growth, respectively.Ĭonsequently, India (+10 percentage points), Nepal (+3 percentage points), Indonesia and Pakistan (+2 percentage points, each) strengthened their share in terms of global consumption from 2007 to 2016. As, nutmeg, mace and cardamom are not grown in Europe, consumption is fully buoyed and supported by imports. The European market remains negligible, despite the use of nutmeg, mace and cardamom, both as a spice and in the pharmaceutical and cosmetic industries. 44% of its total domestic production to the foreign market in 2016. Nepal ranks fourth in terms of the key producers, directing approx. Guatemala exports almost the entire volume of its domestic production Indonesia and India export 64% and 28%, respectively, of their domestic output.
The key producers – India, Guatemala and Indonesia – also constitute export-orientated markets. A significant proportion of the import volume to these countries is supplied by Guatemala a slightly smaller volume is supplied by India. The popularity that this spice enjoys can be explained by the wide variety of national dishes using it as a major component ingredient and the age-old tradition of using nutmeg, mace and cardamom spices in medicine.Īt the same time, the major consumer markets of the Middle East, namely Saudi Arabia and the UAE, are fully supported by product imports. The other consumers together comprised near 19% of global consumption.Īsian and Middle Eastern countries constitute key global consumers of nutmeg, mace and cardamom. The countries with the highest consumption were India (29.5%, based on tonnes), Viet Nam (10.5%), Indonesia (9.9%), Saudi Arabia (8.4%), Pakistan (4.3%), Nepal (4.2%), Bangladesh (3.4%), Lao (2.7%), the U.S.
India, Vietnam and Indonesia Together Accounted for 50% of Consumption on the Nutmeg, Mace and Cardamom Market Over the previous two years, the market volume remained relatively stable in value terms this was preceded by a period of rapid growth in 2013. In wholesale prices, the market amounted to $342M, contracting by 6% over the last year. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and cardamom market continued to experience minor fluctuations over the next two year period from 2013 to 2016, consumption saw strong growth against increased levels of consumption in India and several other Asian countries.Īs a result, from 2007 to 2016, the market volume surged by 56% (IndexBox estimates). Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +5.1%. In 2016, the nutmeg, mace and cardamom market peaked at 113K tonnes. Nutmeg, Mace and Cardamom Consumption Continued Its Strong Growth
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