Frozen Catfish Price in Nepal - 2022
Contents:
Frozen Catfish Price in Nepal (CIF) - 2022
In 2022, the average frozen catfish import price amounted to $1,944 per ton, growing by 37% against the previous year. Overall, the import price, however, showed a slight contraction. The import price peaked at $2,344 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($2,231 per ton), while the price for India stood at $1,840 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.5%).
Frozen Catfish Imports in Nepal
For the fourth year in a row, Nepal recorded growth in overseas purchases of frozen catfish, which increased by 357% to 49 tons in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen catfish imports skyrocketed to $95K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Catfish in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 66.1 | 0% |
| Vietnam | 8.1 | 10.0 | 15.2 | 29.0 | 53.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.1 | 10.0 | 15.2 | 95.1 | 127.3% |
Top Suppliers of Frozen Catfish to Nepal in 2022:
- India (35.9 tons)
- Vietnam (13.0 tons)
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