Average price of nutmeg India FY 2015-2024, by type

Published by A. Minhas, Jun 18, 2024

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.

Average price of nutmeg in Cochin, India from financial year 2015 to 2024, by type (in Indian rupee per kilogram)

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Release date

June 2024

Region

India

Survey time period

FY 2015 to FY 2024

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2024 started in April 2023 and ended in March 2024. 

One Indian rupee is equal to 0.011 euros and 0.012 dollars (as of June 2024).

Values have been rounded for clarity.

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