India leads global production with a significant growth of 4.52% in 2023, followed by Indonesia and Guatemala. Nepal and Sri Lanka have shown robust increases of 5.09% and 7.81%, respectively, indicating dynamic shifts in production capabilities. Conversely, Indonesia saw a slight decline of 1.01%. Notably, Malaysia experienced a sharp decrease of over 23%, potentially pointing to structural challenges. Emerging producers like Grenada and Honduras show moderate growth, which may impact regional dynamics.
Future trends to watch include India's continued dominance and the expansion potential in Sri Lanka. Regulatory changes, climate conditions, and technological advances could also reshape the landscape. Monitoring these developments will be crucial for anticipating shifts.
Top countries in Nutmeg, Mace and Cardamoms Gross Production by Country
| # | 10 Countries | Thousand US Dollars PPP = 2004–2006 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 209,720 | 2023 | +3.55% | +4.52% | View data |
| 2 | 2 Indonesia | 162,420 | 2023 | +1.13% | -1.01% | View data |
| 3 | 3 Guatemala | 143,010 | 2023 | +1.13% | +0.58% | View data |
| 4 | 4 Nepal | 34,330 | 2023 | +1.69% | +5.09% | View data |
| 5 | 5 Sri Lanka | 20,510 | 2023 | +7.49% | +7.81% | View data |
| 6 | 6 Laos | 12,290 | 2023 | +0.81% | +0.42% | View data |
| 7 | 7 Bhutan | 6,490 | 2023 | +1.07% | +1.49% | View data |
| 8 | 8 Tanzania | 2,880 | 2023 | +0.31% | -0.38% | View data |
| 9 | 9 Grenada | 2,510 | 2023 | -2.41% | +2.94% | View data |
| 10 | 10 Honduras | 2,310 | 2023 | +0.79% | +2.55% | View data |
