Get price analysis and market insights for Nutmeg with Tridge.
Wholesale prices of Nutmeg
Recent wholesale prices
Over the past 4 weeks, the global wholesale price of Nutmeg generally ranged from $3.26 USD per kg to $3.46 USD per kg, or from $1.48 USD per pound (lb) to $1.57 USD per pound (lb).
Period
Period
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
Past 4 weeks
$3.26/kg
$1.48/lb
$3.46/kg
$1.57/lb
Historical wholesale price trends
The global wholesale price of Nutmeg has experienced fluctuations over the past two years, reflecting changing market conditions in the market. In 2023, wholesale prices varied between $3.52 USD per kg and $3.79 USD per kg. By 2024, the volatility persisted, with wholesale prices ranging from $2.72 USD to $4.23 USD per kg, highlighting ongoing price variability for Nutmeg.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$2.72/kg
$1.23/lb
$4.23/kg
$1.92/lb
2023
$3.52/kg
$1.60/lb
$3.79/kg
$1.72/lb
2022
$3.56/kg
$1.62/lb
$4.64/kg
$2.11/lb
Recently updated wholesale prices
India
Recent wholesale price of Nutmeg in India was 350 INR per 1 kg, reported on 2025-04-09 for the following specification: Unspecified(variety), FAQ(grade).
See the table below for more wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-04-09
Unspecified(variety), FAQ(grade)
$4.05/kg
INR 350/1 kg
2025-04-07
Unspecified(variety), FAQ(grade)
$3.26/kg
INR 280/1 kg
2025-03-25
Unspecified(variety), FAQ(grade)
$2.69/kg
INR 230/1 kg
Turn price data into a competitive advantage.
Raw price data is just the beginning—real intelligence turns it into action. Tridge Eye, our AI-powered solution, transforms complex price data into real-time market insights, giving you the clarity to act with confidence. Optimize pricing strategies, uncover cost-saving opportunities, and stay ahead in a rapidly evolving market.
Farmgate prices of Nutmeg
Recent farmgate prices
The global farmgate price of Nutmeg over the past 4 weeks typically ranged from $3.38 USD per kg to $5.16 USD per kg, or from $1.53 USD per pound (lb) to $2.34 USD per pound (lb).
Period
Period
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
Past 4 weeks
$3.38/kg
$1.53/lb
$5.16/kg
$2.34/lb
Historical farmgate price trends
The global farmgate price of Nutmeg has shown fluctuations over the past two years, driven by shifting market conditions. In 2023, farmgate prices ranged between $3.16 USD per kg and $5.23 USD per kg. By 2024, this volatility continued, with farmgate prices fluctuating from $2.81 to $5.30 USD per kg, reflecting persistent price variability for Nutmeg.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$2.81/kg
$1.28/lb
$5.30/kg
$2.40/lb
2023
$3.16/kg
$1.43/lb
$5.23/kg
$2.37/lb
2022
$2.90/kg
$1.31/lb
$5.56/kg
$2.52/lb
Recently updated farmgate prices
Sri Lanka
Recent farmgate price of Nutmeg in Sri Lanka was 977 LKR per 1 kg, reported on 2025-03-18 for the following specification: No.2(grade).
See the table below for more recent farmgate prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-03-18
No.2(grade)
$3.32/kg
LKR 977/1 kg
2025-03-18
No.1(grade)
$2.89/kg
LKR 850/1 kg
2025-03-18
BWP(grade)
$2.60/kg
LKR 766/1 kg
Export and import prices of Nutmeg
Historical export and import price trends
The global export & import price of Nutmeg has experienced fluctuations over the past two years, in line with shifting market trends. In 2023, export & import prices varied between $6 USD per kg and $54.91 USD per kg. By 2024, the price volatility remained, with export & import prices ranging from $6.09 USD to $24.06 USD per kg, reflecting ongoing market instability for Nutmeg.
Year
Year
Low price, USD/kg
Low price, USD/kg
Low price, USD/lb
Low price, USD/lb
High price, USD/kg
High price, USD/kg
High price, USD/lb
High price, USD/lb
2024
$6.09/kg
$2.76/lb
$24.06/kg
$10.91/lb
2023
$6/kg
$2.72/lb
$54.91/kg
$24.91/lb
2022
$3.90/kg
$1.77/lb
$31.35/kg
$14.22/lb
Recent transaction records
On 2025-03-31, Nutmeg reported as "[천연향신료] 육두구파우다__NUTMEG POWDER" was exported by a company in Malaysia to a company in South Korea.
See the table below for more recent transactions.
Date
Date
Unit price
Unit price
Reported product name
Reported product name
Exporter
Exporter
Origin
Origin
Importer
Importer
Destination
Destination
2025-03-31
$000/kg
[천연향신료] 육두구파우다__NUTMEG POWDER
Company name
Malaysia
Company name
South Korea
2025-03-13
$000/kg
[천연향신료] 넛맥__CANNAMELA NOCI MOSCATE INTERE
Company name
Italy
Company name
South Korea
2025-03-13
$000/kg
[천연향신료] 넛맥__CANNAMELA NOCI MOSCATE INTERE
Company name
Italy
Company name
South Korea
To access detailed information, including unit prices and company names, get full access to our .
FAQ for global Nutmeg price
What is the HS code for Nutmeg?
The HS code for Nutmeg is 090811 - Spices; nutmeg, neither crushed nor ground.
What varieties are there for Nutmeg?
Tridge provides domestic price data for various Nutmeg varieties, such as Unspecified.
Where does Tridge source its price data?
Tridge gathers price data from over 400 trusted global sources, including government public sources, producers, traders, and local industry experts. We ensure data accuracy through both human oversight and cutting-edge AI technology, which helps manage missing values, detect outliers, and standardize currency and units.
How are the low and high prices for Nutmeg calculated?
The low and high prices are based on global data for Nutmeg during the selected period, showing the typical price range across countries after removing outliers. Please note that price trends may vary when analyzed in more detail, such as by specific countries, product varieties, or different timeframes.
How much price data is available for Nutmeg on Tridge?
In the past 6 months, 32 Nutmeg price entries were updated across 2 countries.
How much transaction data is available for Nutmeg on Tridge?
We have 6960 transaction records for Nutmeg across 150 import countries and 62 export countries. Visit our About Transaction Data page to explore its features.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.