Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal - 2022
Contents:
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal (CIF) - 2022
- Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal (FOB) - 2022
- Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal
- Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal (CIF) - 2022
The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $2,014 per ton in 2022, picking up by 11% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $2,155 per ton in 2013; however, from 2014 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 Vietnam ($3,269 per ton), while the price for Bangladesh ($1,704 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal (FOB) - 2022
In 2022, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $1,776 per ton, which is down by -5.3% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,951 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,769 per ton), while the average price for exports to Australia totaled $867 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal
In 2022, approx. 2.8K tons of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa were imported into Nepal; reducing by -28.5% on the year before. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 29%.
In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa reduced dramatically to $5.7M in 2022. In general, imports recorded a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 33%.
| Import of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6,097 | 3,916 | 5,123 | 3,684 | -15.5% |
| China | 1,308 | 683 | 1,038 | 950 | -10.1% |
| Vietnam | 33.8 | 0.5 | 246 | 349 | 117.8% |
| Malaysia | 73.3 | 76.4 | 100 | 127 | 20.1% |
| United Arab Emirates | 40.0 | 20.9 | 74.2 | 117 | 43.0% |
| Turkey | 237 | 98.8 | 106 | 115 | -21.4% |
| Bangladesh | 344 | 88.8 | 44.0 | 78.4 | -38.9% |
| Others | 681 | 506 | 464 | 314 | -22.7% |
| Total | 8,815 | 5,390 | 7,195 | 5,735 | -13.3% |
Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Nepal in 2022:
- India (2002.5 tons)
- China (434.1 tons)
- Vietnam (106.8 tons)
- Malaysia (71.4 tons)
- Bangladesh (46.0 tons)
- Turkey (45.9 tons)
- United Arab Emirates (44.2 tons)
Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal
In 2022, the amount of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa exported from Nepal soared to 74 tons, picking up by 54% on 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa surged to $131K in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 55%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.8 | 22.9 | 27.7 | 128 | 154.1% |
| China | 19.4 | 2.4 | 22.8 | N/A | 8.4% |
| United States | 35.2 | 20.7 | 31.6 | N/A | -5.3% |
| Others | 3.1 | 11.9 | 7.6 | 2.7 | -4.5% |
| Total | 65.5 | 57.8 | 89.8 | 131 | 26.0% |
Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Nepal in 2022:
- India (72.3 tons)
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