Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Nepal - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Nepal (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Nepal
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Nepal (CIF) - 2022
The average import price for oil seeds; cotton seeds, seed, whether or not broken stood at $1,719 per ton in 2022, increasing by 4.7% against the previous year. Over the period under review, the import price, however, faced a abrupt decrease. Over the period under review, average import prices attained the peak figure at $15,350 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($2,265 per ton), while the price for India totaled $1,384 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-21.3%).
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Nepal
For the fourth consecutive year, Nepal recorded growth in supplies from abroad of oil seeds; cotton seeds, seed, whether or not broken, which increased by 80% to 53 tons in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 1,209% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken surged to $90K in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 746%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 45.3 | 0% |
| India | 3.6 | 5.7 | 48.1 | 45.1 | 132.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 5.7 | 48.1 | 90.4 | 192.8% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Nepal in 2022:
- India (32.6 tons)
- Tanzania (20.0 tons)
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