Price for Frozen Concentrated Orange Juice in Nepal - 2021
Contents:
- Price for Frozen Concentrated Orange Juice in Nepal (FOB) - 2022
- Price for Frozen Concentrated Orange Juice in Nepal (CIF) - 2022
- Exports of Frozen Concentrated Orange Juice in Nepal
- Imports of Frozen Concentrated Orange Juice in Nepal
Price for Frozen Concentrated Orange Juice in Nepal (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $659 per ton, standing approx. at the previous year. Overall, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2017 an increase of 9.2% against the previous year. The export price peaked at $776 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.4% per year.
Price for Frozen Concentrated Orange Juice in Nepal (CIF) - 2022
The average frozen concentrated orange juice import price stood at $2,084 per ton in 2022, almost unchanged from the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen concentrated orange juice import price increased by +11.4% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 60% against the previous year. The import price peaked at $2,508 per ton in 2019; however, from 2020 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 Spain ($4,239 per ton), while the price for Israel amounted to $314 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.0%).
Exports of Frozen Concentrated Orange Juice in Nepal
Frozen concentrated orange juice exports from Nepal dropped notably to 6.4K tons in 2022, which is down by -16.3% against the previous year's figure. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. As a result, the exports attained the peak of 7.7K tons, and then shrank notably in the following year.
In value terms, frozen concentrated orange juice exports fell dramatically to $4.2M in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 54%.
| Export of Frozen Concentrated Orange Juice in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.2 | 3.3 | 5.1 | 4.2 | -6.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 3.3 | 5.1 | 4.2 | -6.9% |
Top Export Markets for Frozen Concentrated Orange Juice from Nepal in 2022:
- India (6.4K tons)
Imports of Frozen Concentrated Orange Juice in Nepal
In 2022, approx. 92 tons of frozen concentrated orange juice were imported into Nepal; with a decrease of -5.6% against the year before. Overall, imports showed a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 1.9%.
In value terms, frozen concentrated orange juice imports shrank to $191K in 2022. In general, imports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 14%.
| Import of Frozen Concentrated Orange Juice in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 233 | 73.1 | 178 | 170 | -10.0% |
| Israel | 37.6 | 27.2 | 21.0 | 16.0 | -24.8% |
| Others | 236 | 77.8 | 4.7 | 4.9 | -72.5% |
| Total | 507 | 178 | 204 | 191 | -27.8% |
Top Suppliers of Frozen Concentrated Orange Juice to Nepal in 2022:
- Israel (51.0 tons)
- Spain (40.1 tons)
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