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Production of Mace in India
Mace is categorized under FAO code 0702 - Nutmeg, mace, cardamoms, raw, and the data is presented accordingly.
Production overview
In 2023, India ranked #2 globally for Mace production, contributing 24.63% to global output. India's total production for Mace was 54,000 metric tons in 2023.
Production trend chart of India Mace
India's production of Mace has increased by 42.11% over the past 5 years, rising from 38,000 metric tons in 2019 to 54,000 metric tons in 2023.
The production data for India Mace is collected from the Food and Agriculture Organization of the United Nations (FAO). The data is classified under the FAO code 0702 - Nutmeg, mace, cardamoms, raw, which represents a specific category within FAO's agricultural production database.
Please note that the FAO code grouping may not exactly align with Mace as defined in some markets, as the FAO may group products based on broader categories that include similar products.
Mace is categorized under HS code 090821 - Spices; mace, neither crushed nor ground, and the data is presented accordingly.
Export overview
As of 2023, India ranked #4 in global exports of Mace. India accounts for approximately 2.06% of the total global export value of Mace, with an export value of 1,354,741 USD.
The top countries importing Mace from India include World, United States, Qatar, Germany, Brazil.
Export trend
India's export value of Mace has increased by 84.59% over the past 5 years, rising from 733,924 USD in 2019 to 1,354,741 USD in 2023.
The export data for India Mace is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 090821 - Spices; mace, neither crushed nor ground, which covers a specific classification for Mace and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Mace in certain markets, as HS codes often encompass a broader range of similar products.
The export price of Mace from India has fluctuated over the past 2 years. In 2023, the price varied between 4.27 USD per kg and 80.05 USD per kg. In 2024, the prices continued to fluctuate, ranging from 2.53 USD per kg to 80.48 USD per kg.
Year
Year
Low price
Low price
High price
High price
2022
$39/kg
$39/kg
2023
$4.27/kg
$80.05/kg
2024
$2.53/kg
$80.48/kg
The export transaction data for India Mace is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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