Price for Spices; Nutmeg, Crushed or Ground in Oman - 2021
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Oman (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Oman (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Oman
- Exports of Spices; Nutmeg, Crushed or Ground in Oman
Price for Spices; Nutmeg, Crushed or Ground in Oman (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $7,796 per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 90% against the previous year. As a result, import price reached the peak level of $8,900 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($22,537 per ton), while the price for the United Arab Emirates stood at $3,293 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Nutmeg, Crushed or Ground in Oman (FOB) - 2022
In 2022, the average export price for spices; nutmeg, crushed or ground amounted to $4,595 per ton, dropping by -9.1% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 128% against the previous year. Over the period under review, the average export prices attained the maximum at $6,384 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +21.8% per year.
Imports of Spices; Nutmeg, Crushed or Ground in Oman
In 2022, spices; nutmeg, crushed or ground imports into Oman surged to 16 tons, jumping by 39% against the previous year. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 413% against the previous year. As a result, imports attained the peak of 21 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $129K in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 345% against the previous year. As a result, imports reached the peak of $164K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spices; Nutmeg, Crushed or Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.8 | 39.9 | 36.8 | 86.7 | 80.3% |
| United Arab Emirates | 21.7 | 78.4 | 51.4 | 41.5 | 24.1% |
| United Kingdom | N/A | 6.2 | 5.1 | N/A | -17.7% |
| Indonesia | N/A | 38.3 | N/A | N/A | 0% |
| Others | 0.3 | 0.8 | 0.1 | 0.3 | 0.0% |
| Total | 36.8 | 164 | 93.4 | 129 | 51.9% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Oman in 2022:
- United Arab Emirates (12.6 tons)
- India (3.8 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Oman
In 2022, exports of spices; nutmeg, crushed or ground from Oman surged to 10 tons, picking up by 292% compared with the year before. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 549% against the previous year. As a result, the exports reached the peak of 21 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices; nutmeg, crushed or ground exports surged to $46K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 411%. As a result, the exports reached the peak of $80K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Nutmeg, Crushed or Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 15.3 | 25.6 | 12.7 | 46.2 | 44.5% |
| Yemen | N/A | 53.9 | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Total | 15.6 | 79.5 | 13.0 | 46.2 | 43.6% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Oman in 2022:
- Qatar (10.1 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Oman.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Oman.
3989
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3773
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
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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.
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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,
3773
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
8418
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.
3860
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,
