What is the price of nutmeg per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) nutmeg is between US$ 11.54 and US$ 25.97 per kilogram or between US$ 5.23 and US$ 11.78 per pound(lb). Click here to see today's exact prices of nutmeg in United Kingdom (UK)
The retail price range in British pound sterling for nutmeg is between GBP 9.27 and GBP 20.86 per kilogram or between GBP 4.21 and GBP 9.46 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) nutmeg is between US$ 8.08 and US$ 18.18 per kilogram or between US$ 3.66 and US$ 8.24 per pound(lb).
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United Kingdom (UK) Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from the United Kingdom over the last five years has seen a steady decline. In 2017, the price was 18.17 US dollars per kilogram, dropping to 18.12 US dollars per kilogram in 2016. This trend continued in 2015, with the price dropping to 21.10 US dollars per kilogram. In 2014, the price dropped further to 17.09 US dollars per kilogram, and in 2013, the price was 25.77 US dollars per kilogram. The lowest price in the last five years was recorded in 2020, at 14.17 US dollars per kilogram. The current price is 13.66 US dollars per kilogram. Based on this trend, it is predicted that the export price of Nutmeg from the United Kingdom will be 12.50 US dollars per kilogram in 2023 and 12.00 US dollars per kilogram in 2024.The exports of nutmeg from United Kingdom (UK) are classified as:
- Nutmeg (HS code 090810)
- Nutmeg (HS code 0908Xa)
- Nutmeg, neither crushed nor ground (HS code 090811)
- Nutmeg, crushed or ground (HS code 090812)
United Kingdom (UK) Nutmeg Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) nutmeg
The total values in export for nutmeg in United Kingdom (UK) were US$ 761, US$ 745, US$ 1,057 and US$ 1,095 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in United Kingdom (UK): Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Europe: Georgia nutmeg, Albania nutmeg, Belarus nutmeg, Bosnia and Herzegovina nutmeg, Bulgaria nutmeg, Croatia nutmeg, Czech Republic nutmeg, Estonia nutmeg, Greece nutmeg & Hungary nutmeg.
United Kingdom (UK) nutmeg - Production, Exports, Imports, Seasons and HS Codes
The volume of nutmeg shipped by United Kingdom (UK) in 2020 was 70 metric tons. In 2019 United Kingdom (UK) sold 66 tonnes of nutmeg. For 2019 alone, the market for United Kingdom (UK) nutmeg (herbs and spices category) has gone up, flactuating by 15.789 per cent compared to the year 2018. Between 2017 and 2019, nutmeg's exports grew by 60.98 percent earning the country US$1.10m for the year 2019. United Kingdom (UK)'s nutmeg exports are categorised as:
- Nutmeg, neither crushed nor ground (HS code 090811)
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg (HS code 090810)
- Nutmeg (HS code 0908Xa)
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United Kingdom (UK) nutmeg export values
In 2019, United Kingdom (UK) exported nutmeg costing 1.10m USD, a surge of 4.07% from 2018's total nutmeg export of 1.057m USD. The yearly increase in value of United Kingdom (UK) nutmeg between 2017 to 2018 was 41.879 percent.
The annual variation in the quantity of United Kingdom (UK)'s nutmeg exports between 2017 and 2019 was 60.98 pc compared to a variation of 15.789% in the period between 2018 and 2019.
Export markets for United Kingdom (UK) nutmeg ( in '000$ )
United Kingdom (UK)'s leading destinations for nutmeg are Germany, Italy, the Netherlands, US and Austria.
United Kingdom (UK) bought 700 tonnes of nutmeg in 2019.