Average price of nutmeg India FY 2015-2024, by type
In fiscal year 2024, the average price of nutmeg in Cochin, India stood at about 230 rupees per kilogram for ones with shell and 425 rupees per kilogram without shell. Nutmeg is often ground into powder for use. According to the source, prices were only indicative of trends, and obtained from local markets - in this case Cochin in the southern state of Kerala. For the country, prices for spices vary depending on quality and origin.