Price for Vegetable Products Not Elsewhere Specified or Included in Nepal - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Nepal (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Nepal (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Nepal
- Imports of Vegetable Products Not Elsewhere Specified or Included in Nepal
Price for Vegetable Products Not Elsewhere Specified or Included in Nepal (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $1,015 per ton in 2022, increasing by 8% against the previous year. In general, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 103% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,920 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($995 per ton), while the average price for exports to China amounted to $566 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-7.8%).
Price for Vegetable Products Not Elsewhere Specified or Included in Nepal (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $390 per ton in 2022, waning by -6.9% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23%. The import price peaked at $1,380 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,017 per ton), while the price for Vietnam amounted to $272 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-6.2%).
Exports of Vegetable Products Not Elsewhere Specified or Included in Nepal
Exports of vegetable products not elsewhere specified or includeds from Nepal surged to 19K tons in 2022, jumping by 17% against 2021. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds soared to $19M in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.2 | 14.3 | 14.4 | 18.7 | 12.3% |
| China | 0.7 | 0.3 | 0.2 | 0.1 | -47.7% |
| Others | 0.6 | 0.8 | 0.9 | 0.7 | 5.3% |
| Total | 14.5 | 15.3 | 15.5 | 19.5 | 10.4% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Nepal in 2022:
- India (18.8K tons)
- China (0.2K tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in Nepal
In 2022, imports of vegetable products not elsewhere specified or includeds into Nepal contracted sharply to 4.8K tons, falling by -41.4% compared with the year before. Over the period under review, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 149% against the previous year. As a result, imports reached the peak of 8.1K tons, and then dropped dramatically in the following year.
In value terms, imports of vegetable products not elsewhere specified or includeds contracted sharply to $2.4M in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. As a result, imports reached the peak of $3.4M, and then dropped rapidly in the following year.
| Import of Vegetable Products Not Elsewhere Specified or Included in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.6 | 1.1 | 1.1 | 1.5 | -2.1% |
| Vietnam | 1.1 | 0.6 | 2.3 | 0.9 | -6.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 1.7 | 3.4 | 2.4 | -5.0% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Nepal in 2022:
- Vietnam (3.3K tons)
- India (1.5K tons)
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