What is the price of nutmeg per kilogram/pound in Vietnam today?
The retail price range for Vietnam nutmeg is between US$ 4.40 and US$ 5.38 per kilogram or between US$ 1.99 and US$ 2.44 per pound(lb). Click here to see today's exact prices of nutmeg in Vietnam
The retail price range in Dong for nutmeg is between VND 109,957.50 and VND 134,392.50 per kilogram or between VND 49,867.35 and VND 60,948.98 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam nutmeg is between US$ 3.08 and US$ 3.76 per kilogram or between US$ 1.40 and US$ 1.71 per pound(lb).
Related: Kenya Nutmeg prices, South Africa Nutmeg prices, Malaysia Nutmeg prices, Philippines Nutmeg prices, India Nutmeg prices, United Arab Emirates (UAE) Nutmeg prices, Canada Nutmeg prices, US Nutmeg prices, Australia Nutmeg prices, New Zealand Nutmeg prices, Germany Nutmeg prices, Netherlands Nutmeg prices, Spain Nutmeg prices, United Kingdom (UK) Nutmeg prices,
Price Finder Tool
Search for prices of Vietnam nutmeg and other products in different countries.
Vietnam Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from Vietnam has seen a steady decline over the past five years. In 2013, the price per kilogram was 22.64 US dollars, and by 2020, it had dropped to 9.30 US dollars. This represents a decrease of 58.7%. The most significant drop in price occurred between 2015 and 2016, when the price fell from 16.19 US dollars to 11.52 US dollars. Based on this trend, it is predicted that the export price of Nutmeg from Vietnam will be 7.45 US dollars in 2023 and 6.51 US dollars in 2024.Vietnam Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into Vietnam has seen a steady decline over the past five years. In 2013, the price per kilogram was 22.64 US dollars, which dropped to 20.99 US dollars in 2014. This trend continued in 2015, when the price decreased to 16.19 US dollars. In 2016, the price dropped further to 11.52 US dollars, and then increased slightly to 12.47 US dollars in 2017. The most recent data shows that the price of Nutmeg in Vietnam was 9.93 US dollars in 2018, and 8.39 US dollars in 2019. The price has increased slightly in 2020, to 9.30 US dollars. Based on this data, it is likely that the price of Nutmeg in Vietnam will continue to remain relatively stable in the coming years. We can predict that the price of Nutmeg in 2023 will be around 8.50 US dollars, and in 2024 it will be around 8.00 US dollars.Export values for Vietnam nutmeg
The total values in export for nutmeg in Vietnam were US$ 8,974, US$ 11,100, US$ 11,018 and US$ 12,716 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 Vietnam: 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.
Vietnam nutmeg - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam shipped 1,515 tonnes of nutmeg. Across 2019 alone, the market for Vietnam nutmeg (herbs and spices category) has climbed, recording a change of 36.486 pc compared to the year 2018. Between 2017 and 2019, nutmeg's exports went up by 70.22 percent netting the exporter US$12.72m for the year 2019. Vietnam's nutmeg exports are classified as:
- Nutmeg, neither crushed nor ground (HS code 090811)
- Nutmeg (HS code 090810)
- Nutmeg (HS code 0908Xa)
- Nutmeg, crushed or ground (HS code 090812)
Are you a producer of nutmeg or other products?
Sign up today for FREE to buy or sell nutmeg.
Vietnam nutmeg export values
In 2019, Vietnam sold nutmeg valued at 12.72m USD, an increment of 15.45% from 2018's total nutmeg export of 11.018m USD. The yearly increase in value of Vietnam nutmeg between 2017 to 2018 was -0.73873874 pc.
The annual change in the quantity of Vietnam's nutmeg exports between 2017 and 2019 was 70.22 per cent in comparison to a variation of 36.486% in the period between 2018 and 2019.
Export markets for Vietnam nutmeg ( in '000$ )
Vietnam ordered 1,347 tonnes of nutmeg in 2019.