Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal - 2022
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal (CIF) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal (CIF) - 2022
In 2022, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $201 per ton, reducing by -6.4% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables; potatoes (other than seed), fresh or chilleds decreased by -7.0% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 64%. As a result, import price reached the peak level of $216 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($204 per ton), while the price for Bangladesh amounted to $140 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%).
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal (FOB) - 2022
The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $359 per ton in 2022, with a decrease of -89.7% against the previous year. Overall, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2021 when the average export price increased by 1,378%. As a result, the export price attained the peak level of $3,492 per ton, and then contracted sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($704 per ton), while the average price for exports to Qatar ($312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+11.3%).
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal
In 2022, imports of vegetables; potatoes (other than seed), fresh or chilleds into Nepal declined to 303K tons, shrinking by -8.8% against the previous year. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of 332K tons, and then reduced in the following year.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds declined to $61M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 49% against the previous year.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 37.6 | 55.1 | 69.9 | 58.8 | 16.1% |
| Bangladesh | 2.3 | 4.6 | 1.2 | 2.0 | -4.6% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 39.9 | 59.7 | 71.2 | 60.8 | 15.1% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Nepal in 2022:
- India (288.3K tons)
- Bangladesh (14.4K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal
In 2022, exports of vegetables; potatoes (other than seed), fresh or chilleds from Nepal soared to 28 tons, picking up by 1,176% compared with the year before. Overall, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $10K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.2 | 6.1 | 0.4 | 8.6 | 18.3% |
| Qatar | N/A | N/A | N/A | 0.5 | 0% |
| United States | N/A | N/A | N/A | 0.5 | 0% |
| United Arab Emirates | 0.3 | 0.3 | N/A | 0.4 | 10.1% |
| Others | 0.4 | 0.3 | 7.2 | N/A | 324.3% |
| Total | 5.8 | 6.6 | 7.6 | 10.0 | 19.9% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Nepal in 2022:
- India (25.0 tons)
- Qatar (1.4 tons)
- United States (0.8 tons)
- United Arab Emirates (0.5 tons)
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