NUTMEG: GRENADA’S ‘BLACK GOLD’ IS ON THE CUSP OF RESURGENCE

Little Grenada or “Spice Island” is only 134 square miles, but is responsible for more than 20 per cent of the world’s nutmeg production— second only to Indonesia, which produces around seventy five per cent of nutmeg globally.

In the years after the devastation of Hurricanes Ivan and Emily, Grenada’s nutmeg industry experienced significant decline, but with recent technical and commercial developments, nutmeg has never been more ideally poised for global growth in market share.

Nutmeg, dubbed “black gold” by locals, was introduced from the East to Grenada in 1843. Currently accounting for around nine per cent of Grenada’s total harvested area, the crop provides income to approximately 30 per cent of the island’s population.  FULL STORY HERE