Concentrated Grapefruit Juice Price in Nepal - 2022

Contents:

  1. Concentrated Grapefruit Juice Price in Nepal (CIF) - 2022
  2. Concentrated Grapefruit Juice Price in Nepal (FOB) - 2022
  3. Concentrated Grapefruit Juice Imports in Nepal
  4. Concentrated Grapefruit Juice Exports in Nepal

Concentrated Grapefruit Juice Price in Nepal (CIF) - 2022

In 2022, the average concentrated grapefruit juice import price amounted to $1,751 per ton, approximately reflecting the previous year. Overall, the import price saw a mild setback. The most prominent rate of growth was recorded in 2017 an increase of 17%. As a result, import price attained the peak level of $2,770 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,991 per ton), while the price for India stood at $1,355 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%).

Concentrated Grapefruit Juice Price in Nepal (FOB) - 2022

The average concentrated grapefruit juice export price stood at $5,261 per ton in 2022, with a decrease of -7.6% against the previous year. In general, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices hit record highs at $5,697 per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +17.1% per year.

Concentrated Grapefruit Juice Imports in Nepal

In 2022, supplies from abroad of concentrated grapefruit juice decreased by -0.2% to 5.6 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 41%.

In value terms, concentrated grapefruit juice imports fell slightly to $9.8K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56%.

Import of Concentrated Grapefruit Juice in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.76.56.25.715.5%
China2.53.23.64.017.0%
OthersN/AN/AN/AN/A0%
Total6.39.89.89.815.9%

Top Suppliers of Concentrated Grapefruit Juice to Nepal in 2022:

  1. India (4.2 tons)
  2. China (1.4 tons)

Concentrated Grapefruit Juice Exports in Nepal

In 2022, shipments abroad of concentrated grapefruit juice was finally on the rise to reach 322 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction.

In value terms, concentrated grapefruit juice exports expanded to $1.7K in 2022. Overall, exports, however, continue to indicate a noticeable shrinkage.

Export of Concentrated Grapefruit Juice in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.81.71.71.7-1.9%
OthersN/AN/AN/AN/A0%
Total1.81.71.71.7-1.9%

Top Export Markets for Concentrated Grapefruit Juice from Nepal in 2022:

  1. China (322.0 kg)

Source: IndexBox Market Intelligence Platform

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