What is the price of nutmeg per kilogram/pound in Nepal today?
The retail price range for Nepal nutmeg is between US$ 2.20 and US$ 10.03 per kilogram or between US$ 1.00 and US$ 4.55 per pound(lb). Click here to see today's exact prices of nutmeg in Nepal
The retail price range in Nepalese Rupee for nutmeg is between NPR 291.87 and NPR 1,329.65 per kilogram or between NPR 132.37 and NPR 603.01 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal nutmeg is between US$ 1.54 and US$ 7.02 per kilogram or between US$ 0.70 and US$ 3.18 per pound(lb).
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Nepal Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from Nepal has seen a steady increase over the past five years. In 2016, the price per kilogram was 6.00 US dollars, which rose to 9.00 US dollars in 2017. However, in 2018, the price dropped to 5.00 US dollars. Based on this trend, it is likely that the export price of Nutmeg from Nepal will continue to increase in the coming years. We can predict that the price per kilogram in 2023 will be around 8.00 US dollars, and in 2024 it will be around 10.00 US dollars.The Nepal nutmeg exports are categorised as:
- Nutmeg (HS code 0908Xa)
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg, neither crushed nor ground (HS code 090811)
- Nutmeg (HS code 090810)
Nepal Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into Nepal over the last five years has been quite volatile. In 2016, the price per kilogram was 6.00 US dollars, which increased to 9.00 US dollars in 2017. However, in 2018, the price dropped to 5.00 US dollars. This indicates that the price of Nutmeg has been quite unpredictable in the past few years. Based on this trend, it is likely that the price of Nutmeg in Nepal will remain around 5.00 US dollars in 2023 and 2024.Export values for Nepal nutmeg
The total values in export for nutmeg in Nepal were US$ 6, US$ 9 and US$ 10 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Herbs and Spices category in Nepal: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Asia: Kazakhstan nutmeg, Kyrgyzstan nutmeg, Tajikistan nutmeg, Turkmenistan nutmeg, Uzbekistan nutmeg, China nutmeg, Hong Kong nutmeg, Macao nutmeg, North Korea nutmeg & Mongolia nutmeg.
Nepal nutmeg - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal exported 0 tonnes of nutmeg. Through 2019 alone, the market for Nepal nutmeg (herbs and spices category) has , flactuating by pc compared to the year 2018. Between 2017 and 2019, nutmeg's exports reduced by -100 percent earning the country US$0.00m for the year 2019. Nepal's nutmeg exports are categorised as:
- Nutmeg (HS code 090810)
- Nutmeg (HS code 0908Xa)
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg, neither crushed nor ground (HS code 090811)
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Nepal nutmeg export values
In 2019, Nepal sold nutmeg costing 0.00m USD, a decrease of -100.00% from 2018's total nutmeg export of 0.01m USD. The annual reduction in value of Nepal nutmeg between 2017 to 2018 was 11.111%.
The yearly change in the volume of Nepal's nutmeg exports between 2017 and 2019 was -100% between 2018 and 2019.
Export markets for Nepal nutmeg ( in '000$ )
Nepal's leading export markets for nutmeg are India, United Arab Emirates (UAE), Turkey, United Kingdom (UK) and Ukraine.
Nepal procured 66 tonnes of nutmeg in 2019.
Production
The production of nutmeg in Nepal was 31,816 tonnes in 2019 and is projected to change by an average of 16.13%. The country had an estimated 60,220.00 hectares under nutmeg cultivation.