Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Nepal - 2022

Contents:

1. Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Nepal (CIF) - 2022
2. Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Nepal

Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Nepal (CIF) - 2022

The average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses stood at $26,649 per ton in 2022, which is down by -17.5% against the previous year. In general, the import price, however, continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $46,735 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +24.4% per year.

Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Nepal

In 2022, after three years of growth, there was significant decline in overseas purchases of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses, when their volume decreased by -80.6% to 77 kg. In general, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports reached the peak of 397 kg, and then declined markedly in the following year.

In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank significantly to $2.1K in 2022. Overall, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $13K, and then shrank significantly in the following year.

Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Nepal in 2022:

1. India (77.0 kg)

Source: IndexBox Market Intelligence Platform