Post by Trade facilitator on Feb 26, 2019 19:54:01 GMT 1
Nutmeg is a common spice in Nigeria. You can become a big supplier of nutmeg to Europe. Suppliers that operate according to food safety principles have an important competitive advantage in the European market.
Product description
Nutmeg is derived from the seeds of the Myristica fragrans or fragrant nutmeg tree. It has an outstanding pungent fragrance and a warm taste. It is also slightly sweet. It is widely used in many traditional cuisines around the world. Nutmeg is grown for culinary, medicinal, and industrial use.
Culinary Uses of Nutmeg include:
Spice
Fruit
Essential oil
Nutmeg butter
Product Export Market
As nutmeg is not grown in Europe, consumption is fully dependent and supported by imports. Nutmeg will continue to be highly traded in Europe because of the increasing consumption, trade liberalization policies, and intense global and regional integration.
The principal international markets are the European Community, the United States, Saudi Arabia, United Arab Emirates, Japan, Vietnam and India. Major re-exporters of nutmeg are Singapore and the Netherlands.
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