Preserved Sauerkraut Price in Nepal - 2022
Contents:
- Preserved Sauerkraut Price in Nepal (CIF) - 2022
- Preserved Sauerkraut Price in Nepal (FOB) - 2022
- Preserved Sauerkraut Imports in Nepal
- Preserved Sauerkraut Exports in Nepal
Preserved Sauerkraut Price in Nepal (CIF) - 2022
In 2022, the average preserved sauerkraut import price amounted to $1,150 per ton, with a decrease of -23.1% against the previous year. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 52%. The import price peaked at $1,976 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,535 per ton), while the price for Thailand ($1,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Sauerkraut Price in Nepal (FOB) - 2022
The average preserved sauerkraut export price stood at $3,475 per ton in 2022, rising by 4.9% against the previous year. In general, the export price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2018 an increase of 58%. Over the period under review, the average export prices reached the peak figure at $5,299 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($4,675 per ton), while the average price for exports to the UK ($1,437 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Nepal
In 2022, purchases abroad of preserved sauerkraut was finally on the rise to reach 80 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved sauerkraut imports surged to $92K in 2022. Overall, imports, however, saw a relatively flat trend pattern.
| Import of Preserved Sauerkraut in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.0 | 22.9 | 2.3 | 85.7 | 22.2% |
| Thailand | 5.4 | 1.9 | 3.1 | 2.8 | -19.7% |
| India | 16.0 | 2.8 | 3.2 | 1.5 | -54.6% |
| Spain | 14.9 | 10.2 | 14.2 | N/A | -2.4% |
| United Arab Emirates | 3.0 | 2.0 | 2.0 | N/A | -18.4% |
| Others | 6.1 | 4.8 | 4.4 | 2.0 | -31.0% |
| Total | 92.5 | 44.5 | 29.2 | 92.1 | -0.1% |
Top Suppliers of Preserved Sauerkraut to Nepal in 2022:
- China (76.2 tons)
- Thailand (2.5 tons)
- India (0.6 tons)
Preserved Sauerkraut Exports in Nepal
In 2022, after three years of growth, there was significant decline in overseas shipments of preserved sauerkraut, when their volume decreased by -11.7% to 99 tons. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 199%. As a result, the exports reached the peak of 112 tons, and then fell in the following year.
In value terms, preserved sauerkraut exports dropped to $344K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 126% against the previous year. As a result, the exports reached the peak of $371K, and then shrank in the following year.
| Export of Preserved Sauerkraut in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.4 | 23.4 | 109 | 144 | 248.6% |
| United States | 59.6 | 57.5 | 165 | 97.3 | 17.7% |
| Japan | 57.3 | 55.2 | 42.2 | 93.4 | 17.7% |
| Others | 21.2 | 28.5 | 55.3 | 8.9 | -25.1% |
| Total | 142 | 165 | 371 | 344 | 34.3% |
Top Export Markets for Preserved Sauerkraut from Nepal in 2022:
- United States (43.6 tons)
- Australia (31.6 tons)
- Japan (20.0 tons)
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