Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Nepal - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Nepal (CIF) - 2022
  2. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Nepal

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Nepal (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $1,348 per ton in 2022, which is down by -88.9% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 526%. As a result, import price reached the peak level of $21,681 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 South Korea ($1,470 per ton), while the price for Thailand stood at $133 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.2%).

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Nepal

In 2022, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses into Nepal surged to 330 kg, growing by 424% on the previous year. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses reduced markedly to $445 in 2022. In general, imports, however, saw a dramatic downturn. The smallest decline of -11.5% was in 2021.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea11728312944155.6%
Thailand2982241664.0-76.2%
India1,815N/AN/AN/A0%
OthersN/A354467N/A31.9%
Total2,230861762445-41.6%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Nepal in 2022:

  1. South Korea (300.0 kg)
  2. Thailand (30.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containers - Nepal