Benelux: Market for Nutmeg, Mace And Cardamoms 2024

Market Size for Nutmeg, Mace And Cardamoms in Benelux

In 2022, the Benelux nutmeg, mace and cardamom market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption faced a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Nutmeg, Mace And Cardamoms in Benelux

In value terms, nutmeg, mace and cardamom production stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with a decrease of X%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the immediate term.

The country with the largest volume of nutmeg, mace and cardamom production was the Netherlands (X kg), comprising approx. X% of total volume.

In the Netherlands, nutmeg, mace and cardamom production remained relatively stable over the period from 2012-2022.

Exports of Nutmeg, Mace And Cardamoms

Exports in Benelux

In 2022, shipments abroad of nutmeg, mace and cardamoms increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, nutmeg, mace and cardamom exports shrank to $X in 2022. Total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

The Netherlands represented the key exporter of nutmeg, mace and cardamoms in Benelux, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Belgium (X tons), creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to nutmeg, mace and cardamom exports from the Netherlands stood at X%. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest nutmeg, mace and cardamom supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to X%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Imports of Nutmeg, Mace And Cardamoms

Imports in Benelux

In 2022, purchases abroad of nutmeg, mace and cardamoms decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, nutmeg, mace and cardamom imports shrank to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

The Netherlands represented the major importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Belgium (X tons), generating a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the nutmeg, mace and cardamoms imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported nutmeg, mace and cardamoms in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, nutmeg, mace and cardamom imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price showed a slight reduction. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :