Tanzania: Market for Nutmeg, Mace And Cardamoms 2024

Market Size for Nutmeg, Mace And Cardamoms in Tanzania

In 2022, after three years of decline, there was significant growth in the Tanzanian nutmeg, mace and cardamom market, when its value increased by X% to $X. In general, consumption, however, saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Nutmeg, Mace And Cardamoms in Tanzania

In value terms, nutmeg, mace and cardamom production fell slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

In 2022, the average yield of nutmeg, mace and cardamoms in Tanzania contracted slightly to X kg per ha, approximately equating 2021 figures. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by X% against the previous year. Over the period under review, the average nutmeg, mace and cardamom yield hit record highs at X kg per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of nutmeg, mace and cardamoms were harvested in Tanzania; therefore, remained relatively stable against the year before. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the harvested area increased by X%. The nutmeg, mace and cardamom harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Exports of Nutmeg, Mace And Cardamoms

Exports from Tanzania

In 2022, overseas shipments of nutmeg, mace and cardamoms decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell remarkably in the following year.

In value terms, nutmeg, mace and cardamom exports fell remarkably to $X in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell rapidly in the following year.

Exports by Country

The United Arab Emirates (X tons), the UK (X tons) and India (X tons) were the main destinations of nutmeg, mace and cardamom exports from Tanzania, together accounting for X% of total exports. Kuwait, Saudi Arabia and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for nutmeg, mace and cardamoms exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average nutmeg, mace and cardamom export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

Imports of Nutmeg, Mace And Cardamoms

Imports into Tanzania

Nutmeg, mace and cardamom imports into Tanzania declined to X tons in 2022, remaining relatively unchanged against 2021. In general, imports, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, nutmeg, mace and cardamom imports reduced notably to $X in 2022. Overall, imports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main supplier of nutmeg, mace and cardamom to Tanzania, with a X% share of total imports. It was followed by India (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of nutmeg, mace and cardamoms to Tanzania, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled X%.

Import Prices by Country

The average nutmeg, mace and cardamom import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the United Arab Emirates amounted to $X per ton.

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

Source: IndexBox Platform

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