Dried Apricot Price in Nepal - 2022
Contents:
Dried Apricot Price in Nepal (CIF) - 2022
In 2022, the average dried apricot import price amounted to $3,242 per ton, approximately mirroring the previous year. In general, the import price enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 58%. The import price peaked at $3,970 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +170.3% per year.
Dried Apricot Imports in Nepal
Dried apricot imports into Nepal was estimated at 41 tons in 2022, standing approx. at the previous year's figure. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 76% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, dried apricot imports reached $132K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.6% 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 +75.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Dried Apricot in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 74.1 | 110 | 114 | 132 | 21.2% |
| Afghanistan | N/A | 4.0 | 15.3 | N/A | 282.5% |
| Others | 1.1 | N/A | 0.4 | 0.2 | -43.3% |
| Total | 75.2 | 114 | 129 | 132 | 20.6% |
Top Suppliers of Dried Apricot to Nepal in 2022:
- India (40.6 tons)
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