Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal - 2022
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal (CIF) - 2022
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal (CIF) - 2022
In 2022, the average import price for cheese, other than blue-veined, grated, powdered or processed amounted to $5,487 per ton, surging by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +5.7%. The growth pace was the most rapid in 2013 an increase of 61% against the previous year. Over the period under review, average import prices attained the peak figure at $6,298 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 India ($5,514 per ton), while the price for China ($1,783 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal (FOB) - 2022
The average export price for cheese, other than blue-veined, grated, powdered or processed stood at $12,086 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 89%. Over the period under review, the average export prices reached the peak figure at $12,352 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +41.8% per year.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal
In 2022, purchases abroad of cheese, other than blue-veined, grated, powdered or processed decreased by -22.5% to 359 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 +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed dropped rapidly to $2M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year.
Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,188 | 1,504 | 2,069 | 1,837 | 15.6% |
Denmark | 75.2 | 21.8 | 18.9 | 61.1 | -6.7% |
China | 16.9 | 1.8 | 17.8 | 17.2 | 0.6% |
Singapore | 93.5 | 366 | 200 | N/A | 46.3% |
Others | 243 | 142 | 180 | 55.4 | -38.9% |
Total | 1,617 | 2,035 | 2,487 | 1,971 | 6.8% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Nepal in 2022:
- India (333.2 tons)
- Denmark (13.7 tons)
- China (9.6 tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal
In 2022, approx. 64 tons of cheese, other than blue-veined, grated, powdered or processed were exported from Nepal; growing by 170% on the previous year's figure. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cheese, other than blue-veined, grated, powdered or processed soared to $779K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 37.9 | 229 | 97.0 | 778 | 173.8% |
Japan | 95.3 | 125 | 65.2 | N/A | -17.3% |
China | 2.9 | 6.7 | 4.8 | N/A | 28.7% |
Cambodia | N/A | N/A | 42.6 | N/A | 0% |
India | 4.8 | 9.2 | 5.5 | N/A | 7.0% |
Others | 9.2 | 21.0 | 76.5 | 1.7 | -43.0% |
Total | 150 | 391 | 292 | 779 | 73.2% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Nepal in 2022:
- United States (64.1 tons)
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