Cardamom Oil Market Report – August 2022

The Guatemala Cardamom harvest is complete, and yields are 15% higher when compared to last year. If you remember, last year also saw a 10-15% increase in yield compared to the prior
year. Prices for seeds are volatile and seeds from the second and third cuts are of lower quality,
reducing essential oil yields and increasing costs.

Due to large exporters having left the seed market, prices are down, and producers may wait
until the start of the next harvest to sell their product.

We anticipate oil will be available at the end of November or December. Cardamom is an
extremely volatile spice so giving us your volumes ahead of time helps us to secure the most favorable offer for your company.

 

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