What is the price of nutmeg per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) nutmeg is between US$ 2.79 and US$ 5.58 per kilogram or between US$ 1.27 and US$ 2.53 per pound(lb). Click here to see today's exact prices of nutmeg in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for nutmeg is between AED 10.25 and AED 20.50 per kilogram or between AED 4.65 and AED 9.30 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) nutmeg is between US$ 1.95 and US$ 3.91 per kilogram or between US$ 0.89 and US$ 1.77 per pound(lb).
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United Arab Emirates (UAE) Nutmeg Export Prices - Historical, Trends and Prediction
The export price of Nutmeg from the United Arab Emirates (UAE) over the last five years has seen a steady decline. In 2012, the export price per kilogram was 9.70 US dollars, which dropped to 7.28 US dollars in 2013. This trend continued until 2016, when the price reached its lowest point of 5.25 US dollars. Since then, the price has seen a slight increase, reaching 5.71 US dollars in 2017, 5.24 US dollars in 2018, 5.57 US dollars in 2019, 5.46 US dollars in 2020, and 5.58 US dollars in 2021. Based on this trend, it is predicted that the export price of Nutmeg from the UAE will be 5.50 US dollars in 2023 and 5.45 US dollars in 2024.The exports of nutmeg from United Arab Emirates (UAE) are categorised as:
- Nutmeg (HS code 0908Xa)
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg, neither crushed nor ground (HS code 090811)
- Nutmeg (HS code 090810)
United Arab Emirates (UAE) Nutmeg Import Prices - Historical, Trends and Prediction
The import price of Nutmeg into the United Arab Emirates (UAE) has seen a steady decline over the past five years. In 2012, the import price per kilogram was 9.70 US dollars, but by 2021, this had dropped to 5.58 US dollars. This represents a decrease of 42.7% over the period. The lowest price was recorded in 2016, when the import price was 5.25 US dollars per kilogram. Since then, the price has been gradually increasing, reaching 5.58 US dollars in 2021. Looking ahead, it is likely that the import price of Nutmeg into the UAE will remain relatively stable. We predict that the import price in 2023 will be 5.58 US dollars per kilogram, and in 2024, it will be 5.60 US dollars per kilogram.Export values for United Arab Emirates (UAE) nutmeg
The total values in export for nutmeg in United Arab Emirates (UAE) were US$ 4,803, US$ 7,137, US$ 5,749 and US$ 8,065 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 United Arab Emirates (UAE): Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Mace, Cardamom, Anise & Coriander seeds.
See prices of nutmeg in other countries across Middle East: Bahrain nutmeg, Cyprus nutmeg, Iraq nutmeg, Israel nutmeg, Jordan nutmeg, Kuwait nutmeg, Lebanon nutmeg, Palestine nutmeg, Oman nutmeg & Qatar nutmeg.
United Arab Emirates (UAE) nutmeg - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) exported 1,449 tonnes of nutmeg. In 2019 alone, the interest in United Arab Emirates (UAE) nutmeg (herbs and spices category) has surged, changing by 32.088 % compared to the year 2018. Between 2017 and 2019, nutmeg's exports went up by 15.83 percent netting the nation US$8.06m for the year 2019. United Arab Emirates (UAE)'s nutmeg exports are categorised as:
- Nutmeg (HS code 0908Xa)
- Nutmeg, crushed or ground (HS code 090812)
- Nutmeg (HS code 090810)
- Nutmeg, neither crushed nor ground (HS code 090811)
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United Arab Emirates (UAE) nutmeg export values
In 2019, United Arab Emirates (UAE) sold nutmeg costing 8.06m USD, an increase of 40.20% from 2018's total nutmeg export of 5.749m USD. The yearly growth in value of United Arab Emirates (UAE) nutmeg between 2017 to 2018 was -19.448%.
The annual/yearly change in the amount of United Arab Emirates (UAE)'s nutmeg exports between 2017 and 2019 was 15.83% in comparison to a variation of 32.088% in the period between 2018 and 2019.
Export markets for United Arab Emirates (UAE) nutmeg ( in '000$ )
United Arab Emirates (UAE)'s top destinations for nutmeg are India, Jordan, Yemen, Iraq and Oman.
United Arab Emirates (UAE) brought in 1,599 tonnes of nutmeg in 2019.