What is the price of nutmeg per kilogram/pound in South Africa today?
The retail price range for South Africa nutmeg is between US$ 0.98 and US$ 1.96 per kilogram or between US$ 0.45 and US$ 0.89 per pound(lb). Click here to see today's exact prices of nutmeg in South Africa
The retail price range in Rand for nutmeg is between ZAR 19.08 and ZAR 38.17 per kilogram or between ZAR 8.65 and ZAR 17.31 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa nutmeg is between US$ 0.69 and US$ 1.38 per kilogram or between US$ 0.31 and US$ 0.62 per pound(lb).
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South Africa Nutmeg Export Prices - Historical, Trends and Prediction
In the years 2014, 2015, 2016, 2017 and 2018, the export prices of Nutmeg from South Africa were US$ 1.26, US$ 1.18, US$ 2.44, US$ 1.08 and US$ 0.69 per Kg respectively. In 2021, the export price was US$ 0.45 per Kg. For 2023, the predicted export price is US$ 0.46 per Kg.The exports of nutmeg from South Africa are classified as:
- Nutmeg (HS code 090810)
- Nutmeg (HS code 0908Xa)
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg, neither crushed nor ground (HS code 090811)
South Africa Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into South Africa over the last five years has been quite volatile. In 2016, the price was 5.96 US$ per kg, which was the highest in the last five years. This was followed by a sharp decline in 2017 to 4.00 US$ per kg. In 2018, the price increased to 4.68 US$ per kg, before dropping again to 2.31 US$ per kg in 2020. The price then increased to 5.86 US$ per kg in 2021 and further to 1.58 US$ per kg in 2022. Based on the current trend, it is predicted that the import price of Nutmeg into South Africa in 2023 will be around 3.22 US$ per kg and in 2024 it will be around 4.40 US$ per kg.Export values for South Africa nutmeg
The total values in export for nutmeg in South Africa were US$ 149, US$ 244, US$ 103 and US$ 66 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 South Africa: 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.
South Africa nutmeg - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa sold 28,887 tonnes of nutmeg. In 2019 alone, the market for South Africa nutmeg (herbs and spices category) has decreased, recording a change of -0.92941903 per cent compared to the year 2018. Between 2017 and 2019, nutmeg's exports went down by -4.78% netting South Africa US$0.07m for the year 2019. South Africa's nutmeg exports are classified as:
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg (HS code 0908Xa)
- Nutmeg, neither crushed nor ground (HS code 090811)
- Nutmeg (HS code 090810)
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South Africa nutmeg export values
In 2019, South Africa exported nutmeg costing 0.07m USD, a reduction of -32.04% from 2018's total nutmeg export of 0.103m USD. The annual change in value of South Africa nutmeg between 2017 to 2018 was -57.787 per cent.
The annual/yearly change in the volume of South Africa's nutmeg exports between 2017 and 2019 was -4.78 per cent compared to a variation of -0.92941903% in the period between 2018 and 2019.
Export markets for South Africa nutmeg ( in '000$ )
South Africa's top export markets for nutmeg are Zambia, DRC Congo, the Netherlands, Botswana and Australia.
South Africa brought in 239 tonnes of nutmeg in 2019.