What is the price of nutmeg per kilogram/pound in Cape Verde today?
The retail price range for Cape Verde nutmeg is between US$ 10.45 and US$ 23.76 per kilogram or between US$ 4.74 and US$ 10.77 per pound(lb). Click here to see today's exact prices of nutmeg in Cape Verde
The retail price range in Cape Verdean Escudo for nutmeg is between CVE 1,066.66 and CVE 2,424.23 per kilogram or between CVE 483.75 and CVE 1,099.43 per pound(lb) in Praia and Mindelo.
Wholesale prices
In 2024, the approximate wholesale price range for Cape Verde nutmeg is between US$ 7.32 and US$ 16.63 per kilogram or between US$ 3.32 and US$ 7.54 per pound(lb).
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Cape Verde Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from Cape Verde has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the export price per kilogram of Nutmeg from Cape Verde was $3.05 in 2022. This represents a 24.5% increase in the export price over the past five years. Based on this trend, it is likely that the export price of Nutmeg from Cape Verde will continue to increase in the coming years, with an estimated price of $3.20 in 2023 and $3.35 in 2024.Cape Verde Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into Cape Verde has seen a steady increase over the past five years. In 2019, the price per kilogram was $2.50, which was a slight increase from the previous year. In 2020, the price rose to $2.90, a 16% increase from the previous year. 2021 saw a further increase to $3.20, a 10% increase from the previous year. 2022 saw a slight decrease to $3.10, a 3% decrease from the previous year. The most recent data shows that the import price of Nutmeg into Cape Verde in 2023 is $3.20, a 3% increase from the previous year. Looking ahead, it is likely that the import price of Nutmeg into Cape Verde will continue to increase in the coming years. Based on the data, it is predicted that the import price of Nutmeg into Cape Verde in 2024 will be $3.40, a 6% increase from the previous year.Export values for Cape Verde nutmeg
Prices of other produce in the Herbs and Spices category in Cape Verde: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Africa: Algeria nutmeg, Angola nutmeg, Botswana nutmeg, Burundi nutmeg, Cameroon nutmeg, Cape Verde nutmeg, Central African Republic nutmeg, Comoros nutmeg, DRC Congo nutmeg & Benin nutmeg.
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