Price for Animals; Live, Birds, Psittaciformes in Nepal - 2022

Price for Animals; Live, Birds, Psittaciformes in Nepal (CIF) - 2022

In 2022, the average animals; live, birds, psittaciformes import price amounted to $163 per unit, picking up by 4.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33%. Over the period under review, average import prices attained the peak figure at $169 per unit in 2014; however, from 2015 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 South Africa ($1,360 per unit), while the price for the Netherlands amounted to $114 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.5%), while the prices for the other major suppliers experienced a decline.

Imports of Animals; Live, Birds, Psittaciformes in Nepal

For the third year in a row, Nepal recorded decline in overseas purchases of animals; live, birds, psittaciformeses, which decreased by -20.2% to 451 units in 2022. Overall, imports faced a precipitous descent. The smallest decline of -20.1% was in 2021. Imports peaked at 886 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, animals; live, birds, psittaciformes imports declined remarkably to $74K in 2022. In general, imports showed a abrupt slump. Over the period under review, imports attained the peak figure at $126K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Animals; Live, Birds, Psittaciformes in Nepal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	83.9	70.3	58.8	49.3	-16.2%
South Africa	41.7	34.9	29.2	24.5	-16.2%
Others	N/A	N/A	N/A	N/A	0%
Total	126	105	88.1	73.7	-16.4%