Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Nepal - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Nepal (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Nepal
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Nepal (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $3,400 per ton, increasing by 17% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth appeared the most rapid in 2016 an increase of 70%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 India amounted to +7.4% per year.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Nepal
In 2022, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Nepal reduced rapidly to 20 kg, waning by -86.1% on the year before. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 9.9% against the previous year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined notably to $68 in 2022. In general, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of $419, and then dropped markedly in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 294 | 252 | 419 | 68.0 | -38.6% |
| Australia | 74.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 368 | 252 | 419 | 68.0 | -43.0% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Nepal in 2022:
- India (20.0 kg)
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