Spices; Nutmeg Price in Algeria - 2022

Contents:

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

Spices; Nutmeg Price in Algeria (CIF) - 2022

The average spices; nutmeg import price stood at $1,177 per ton in 2022, growing by 3.4% against the previous year. In general, the import price, however, continues to indicate a deep setback. Over the period under review, average import prices attained the maximum at $1,982 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1,215 per ton), while the price for India amounted to $478 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-6.9%).

Spices; Nutmeg Imports in Algeria

In 2022, overseas purchases of spices; nutmeg were finally on the rise to reach 1.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep contraction.

In value terms, spices; nutmeg imports rose rapidly to $1.6K in 2022. Over the period under review, imports, however, recorded a deep slump.

Import of Spices; Nutmeg in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2,0251,6521,3401,522-9.1%
India13374.041.032.0-37.8%
OthersN/AN/AN/AN/A0%
Total2,1581,7261,3811,554-10.4%

Top Suppliers of Spices; Nutmeg to Algeria in 2022:

  1. Indonesia (1253.0 kg)
  2. India (67.0 kg)

Source: IndexBox Market Intelligence Platform

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Guatemala, Indonesia and India Appear as the Largest Suppliers of Nutmeg
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Eye 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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Guatemala’s Exports of Nutmeg, Mace and Cardamom Remain Strongest in the World
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