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Nutmeg from Sri Lanka

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Production of Nutmeg in Sri Lanka

Nutmeg is categorized under FAO code 0702 - Nutmeg, mace, cardamoms, raw, and the data is presented accordingly.

Production overview

In 2023, Sri Lanka ranked #6 globally for Nutmeg production, contributing 1.85% to global output. Sri Lanka's total production for Nutmeg was 4,059 metric tons in 2023.

Production trend chart of Sri Lanka Nutmeg

Sri Lanka's production of Nutmeg has remained stable over the past 5 years, with minor fluctuations between 2019 and 2023. The production was 3,881 metric tons in 2019 and 4,059 metric tons in 2023.
The production data for Sri Lanka Nutmeg 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 Nutmeg as defined in some markets, as the FAO may group products based on broader categories that include similar products.

Export of Nutmeg from Sri Lanka

Nutmeg is categorized under HS code 090811 - Spices; nutmeg, neither crushed nor ground, and the data is presented accordingly.

Export overview

As of 2023, Sri Lanka ranked #4 in global exports of Nutmeg. Sri Lanka accounts for approximately 7.22% of the total global export value of Nutmeg, with an export value of 10,218,483 USD.
The top countries importing Nutmeg from Sri Lanka include World, India, United Arab Emirates, Pakistan, Germany.

Export trend

Sri Lanka's export value of Nutmeg has decreased by 15.09%, falling from 12,034,103 USD in 2019 to 10,218,483 USD in 2023.
The export data for Sri Lanka Nutmeg is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 090811 - Spices; nutmeg, neither crushed nor ground, which covers a specific classification for Nutmeg and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Nutmeg in certain markets, as HS codes often encompass a broader range of similar products.

Export transactions from 2024

Transactions in this market
175
Exporters
64
Importers
120

Major exporters of Sri Lanka Nutmeg in 2024

EXPO COMMODITIES LTD SRI LANK
LK flag
Sri Lanka
EXPO COMMODITIES PRIVATE LTD SR
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Sri Lanka
AKEN LANKA
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Sri Lanka
CENTRA EXPORTS
LK flag
Sri Lanka
LANKA GURDIAN COMMODITIES EXPORT (P
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Sri Lanka

Major importers of Sri Lanka Nutmeg in 2024

YASIN IMPEX
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Bangladesh
COMMODITY IMPORTTRADERS
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Bangladesh
JAMSHED ENTERPRISE
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Bangladesh
GULISTAN TRADING
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Bangladesh
NOBIN TRADERS
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Bangladesh

Historical export price trends

The export price of Nutmeg from Sri Lanka has experienced a downward trend over the past 2 years. In 2023, the price fluctuated between 2.55 USD per kg and 22 USD per kg, but in 2024, it decreased to a range of 2 USD per kg to 21.95 USD per kg.
Year
Year
Low price
Low price
High price
High price
2022
$3.68/kg
$8.60/kg
2023
$2.55/kg
$22/kg
2024
$2/kg
$21.95/kg
The export transaction data for Sri Lanka Nutmeg 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.

Verified suppliers

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Honey, Whole Black Peppercorn, Whole Cardamom, Whole Clove, Cinnamon, Turmeric, Whole Nutmeg, Paprika
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Other Fresh Coconut, Fresh Papaya, Vanilla, Cassava, Whole Black Peppercorn, Whole Mace, Whole Clove, Cinnamon, Turmeric, Whole Nutmeg, White Peppercorn, Pennywort
Export History: Asia

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Markets for products used to produce or made with Nutmeg

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