Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Nepal - 2022

Contents:

  1. Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Nepal (CIF) - 2022
  2. Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Nepal

Price for Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Nepal (CIF) - 2022

In 2022, the average import price for fats and oils and their fractions; of fish, (excluding liver-oils)s amounted to $3,472 per ton, which is down by -8.8% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 43% against the previous year. As a result, import price attained the peak level of $11,444 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 China ($18,143 per ton), while the price for India ($3,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Nepal

For the third consecutive year, Nepal recorded decline in purchases abroad of fats and oils and their fractions; of fish, (excluding liver-oils)s, which decreased by -47.3% to 763 kg in 2022. Overall, imports continue to indicate a dramatic shrinkage. The smallest decline of -26% was in 2020.

In value terms, imports of fats and oils and their fractions; of fish, (excluding liver-oils)s contracted rapidly to $2.6K in 2022. In general, imports recorded a dramatic slump. The smallest decline of -30.7% was in 2020.

Import of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.06.55.02.5-34.8%
China1.80.50.30.1-61.8%
Others0.60.90.20.1-45.0%
Total11.57.95.52.6-39.1%

Top Suppliers of Fats and Oils and Their Fractions; of Fish, (Excluding Liver-Oils) to Nepal in 2022:

  1. India (752.0 kg)
  2. China (7.0 kg)

Source: IndexBox Market Intelligence Platform

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