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Price for Nutmeg in India

Get price analysis and market insights for India Nutmeg with Tridge.

Wholesale prices of Nutmeg in India

Recent wholesale prices

Over the past 4 weeks, the wholesale price of India Nutmeg has typically been between $3.23 and $3.46 USD per kg, or $1.46 to $1.57 USD per pound (lb).
These prices are based on reports from regions such as Idukki, Kerala, Thrissur, Kerala
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
$3.23/kg
$1.46/lb
$3.46/kg
$1.57/lb

Historical wholesale price trends

The wholesale price of India 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 $2.71 USD to $4.23 USD per kg, highlighting ongoing price variability for India 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
$2.71/kg
$1.23/lb
$4.23/kg
$1.92/lb
2023
$3.52/kg
$1.60/lb
$3.79/kg
$1.72/lb
2022
$3.55/kg
$1.61/lb
$4.64/kg
$2.11/lb

Recently updated wholesale prices

Recent wholesale price of Nutmeg in India was 350 INR per 1 kg, reported on 2025-04-04 for the following specification: Unspecified(variety), FAQ(grade).
See the table below for more recent wholesale prices.
Reported on
Reported on
Specifications
Specifications
Price (USD/kg)
Price (USD/kg)
Reported price
Reported price
2025-04-04
Unspecified(variety), FAQ(grade)
$4.10/kg
INR 350/1 kg
2025-03-29
Unspecified(variety), FAQ(grade)
$3.27/kg
INR 280/1 kg
2025-03-25
Unspecified(variety), FAQ(grade)
$2.69/kg
INR 230/1 kg
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Export prices of Nutmeg in India

Historical export price trends

The export price of Nutmeg from India has been on a downward trend in recent years, driven by changing market conditions. In 2023, export prices were between $6.32 USD per kg and $19.52 USD per kg. By 2024, these prices had fallen to a new range of $5.80 to $15.87 USD per kg, reflecting shifts in demand or supply for India 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
$5.80/kg
$2.63/lb
$15.87/kg
$7.20/lb
2023
$6.32/kg
$2.87/lb
$19.52/kg
$8.86/lb
2022
$1.66/kg
$0.75/lb
$3.20/kg
$1.45/lb

Recent export records

On 2025-02-28, Nutmeg reported as "NUTMEG GROUND" was exported by a company in India to a company in United Arab Emirates.
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
2025-02-28
$000/kg
NUTMEG GROUND
Company name
India
Company name
United Arab Emirates
2025-02-28
$000/kg
WHOLE NUTMEG,25 PLASTIC BAGS
Company name
India
Company name
Australia
2025-02-25
$000/kg
NUTMEG
Company name
India
Company name
Nepal
To access detailed information, including unit prices and company names, get full access to our .

Import prices of Nutmeg in India

Historical import price trends

The import price of Nutmeg to India has been declining in recent years due to shifting market conditions. In 2023, import prices ranged from $5.10 USD per kg to $9.10 USD per kg. By 2024, prices had dropped to a new range of $4.06 to $8.60 USD per kg, reflecting changes in demand or supply for Nutmeg in India.
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
$4.06/kg
$1.84/lb
$8.60/kg
$3.90/lb
2023
$5.10/kg
$2.31/lb
$9.10/kg
$4.13/lb
2022
$4.70/kg
$2.13/lb
$9.13/kg
$4.14/lb

Recent import records

On 2025-01-13, Nutmeg reported as “NUTMEG NUTMEG” was imported by a company in India from a company in Indonesia.
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
2025-01-13
$000/kg
NUTMEG NUTMEG
Company name
Indonesia
Company name
India
2024-09-19
$000/kg
NUTMEG WHOLE WITH SHELL (DEEC FOR EXPORT OF OLEORESIN NUTMEG)
Company name
Sri Lanka
Company name
India
2024-09-19
$000/kg
NUTMEG SRI LANKAN WHOLE WITHOUT SHELL ABCD(CO/ISFTA/2024/08105 DT:18.09.2024)(INV NO:EX/5833/ML/3439/2024 DT:13.09.2024)
Company name
Sri Lanka
Company name
India
To access detailed information, including unit prices and company names, get full access to our .

FAQ for Nutmeg price in India

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 in India?
Tridge offers domestic price data for a range of Nutmeg varieties, including Unspecified. For Nutmeg in India, price data is available for 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 India Nutmeg calculated?
The low and high prices are calculated from India data for Nutmeg during the selected period, showing the typical price range after excluding outliers. Please note that trends may differ when analyzed in more detail, such as by product variety, company, or specific timeframes.
How much price data is available for Nutmeg on Tridge?
In the past 6 months, 6 Nutmeg price entries were updated for India.
How much transaction data is there for Nutmeg in India in Tridge?
We have 1990 transaction records for Nutmeg in India. Visit our About Transaction Data page to explore its features.

Nutmeg prices in other countries

Explore the prices of Nutmeg across different countries
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