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 $3.21 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
$3.21/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 $2.77 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
$2.77/kg
$1.26/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 280 INR per 1 kg, reported on 2025-03-28 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
2025-03-28
Unspecified(variety), FAQ(grade)
$3.27/kg
INR 280/1 kg
2025-03-27
Unspecified(variety), FAQ(grade)
$3.50/kg
INR 300/1 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 2025-02-03, Nutmeg reported as "[올레오레진 너트메그] 넛맥 오레오레진__NUTMEG OLEORESIN(SPICES PRODUCTS)" was exported by a company in India to a company in South Korea.
NUTMEG,(OTHER DETAILS AS PER INVOICE & PACKING LIST)
Company name
India
Company name
Nigeria
To access detailed information, including unit prices and company names, get full access to our Transaction Data.
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 Transaction Data.
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, 10 Nutmeg price entries were updated for India.
How much transaction data is there for Nutmeg in India in Tridge?
We have 1656 transaction records for Nutmeg in India. Visit our About Transaction Data page to explore its features.
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