What is the price of nutmeg per kilogram/pound in Oman today?
The retail price range for Oman nutmeg is between US$ 3.75 and US$ 5.76 per kilogram or between US$ 1.70 and US$ 2.61 per pound(lb). Click here to see today's exact prices of nutmeg in Oman
The retail price range in Rial Omani for nutmeg is between OMR 1.45 and OMR 2.22 per kilogram or between OMR 0.66 and OMR 1.01 per pound(lb) in Muscat and Salalah.
Wholesale prices
In 2024, the approximate wholesale price range for Oman nutmeg is between US$ 2.63 and US$ 4.03 per kilogram or between US$ 1.19 and US$ 1.83 per pound(lb).
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Oman Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from Oman has seen a significant fluctuation over the last five years. In 2017, the price per kilogram was 1.55 US dollars. This increased to 16.00 US dollars in 2018, and then to 19.00 US dollars in 2019. However, in 2020, the price dropped to 4.72 US dollars. Based on this data, it is predicted that the export price of Nutmeg from Oman will increase to 8.90 US dollars in 2023 and to 13.50 US dollars in 2024.The Oman nutmeg exports are classified as:
- Nutmeg (HS code 0908Xa)
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg, neither crushed nor ground (HS code 090811)
- Nutmeg (HS code 090810)
Oman Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into Oman has seen a significant increase over the past five years. In 2017, the price per kilogram was 1.55 US dollars, which rose to 16.00 US dollars in 2018. This was followed by a further increase to 19.00 US dollars in 2019. However, in 2020, the price dropped to 4.72 US dollars. Based on this trend, it is predicted that the price of Nutmeg into Oman will increase to 8.44 US dollars in 2023 and 12.16 US dollars in 2024.Export values for Oman nutmeg
The total values in export for nutmeg in Oman were US$ 48 and US$ 16 in US dollar thousand for the years 2017 and 2018 in that order.
Prices of other produce in the Herbs and Spices category in Oman: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Middle East: Bahrain nutmeg, Cyprus nutmeg, Iraq nutmeg, Israel nutmeg, Jordan nutmeg, Kuwait nutmeg, Lebanon nutmeg, Palestine nutmeg, Oman nutmeg & Qatar nutmeg.
Oman nutmeg - Production, Exports, Imports, Seasons and HS Codes
In 2019 Oman shipped small quantities of nutmeg. Through 2019 alone, the market for Oman nutmeg (herbs and spices category) has , recording a change of pc compared to the year 2018. Between 2017 and 2019, nutmeg's exports went down by -100 pc bringing the nation US$0.00m for the year 2019. Oman's nutmeg exports are categorised as:
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg (HS code 0908Xa)
- Nutmeg (HS code 090810)
- Nutmeg, neither crushed nor ground (HS code 090811)
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Oman nutmeg export values
In 2019, Oman supplied nutmeg with a value of 0.00m USD, a drop of -100.00% from 2018's total nutmeg export of 0.016m USD. The annual reduction in value of Oman nutmeg between 2017 to 2018 was -66.667 per cent.
The yearly variation in the volume of Oman's nutmeg exports between 2017 and 2019 was -100 per cent between 2018 and 2019.
Export markets for Oman nutmeg ( in '000$ )
Oman's leading export markets for nutmeg are India, Qatar, Somalia, Yemen and United Arab Emirates (UAE).
Oman purchased 25 tonnes of nutmeg in 2019.