Starches; Inulin Price in Nepal - 2022
Contents:
- Starches; Inulin Price in Nepal (CIF) - 2022
- Starches; Inulin Price in Nepal (FOB) - 2022
- Starches; Inulin Imports in Nepal
- Starches; Inulin Exports in Nepal
Starches; Inulin Price in Nepal (CIF) - 2022
In 2022, the average starches; inulin import price amounted to $497 per ton, rising by 30% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 +2.6% per year.
Starches; Inulin Price in Nepal (FOB) - 2022
The average starches; inulin export price stood at $476 per ton in 2022, approximately equating the previous year. In general, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starches; inulin export price increased by +85.9% against 2012 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 29%. The export price peaked at $482 per ton in 2021, and then reduced modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.4% per year.
Starches; Inulin Imports in Nepal
For the fourth year in a row, Nepal recorded growth in overseas purchases of starches; inulins, which increased by 5.2% to 11K tons in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, starches; inulin imports skyrocketed to $5.5M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Starches; Inulin in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.1 | 2.8 | 3.9 | 5.4 | 20.3% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 3.1 | 2.8 | 4.0 | 5.5 | 21.1% |
Top Suppliers of Starches; Inulin to Nepal in 2022:
- India (10.9K tons)
Starches; Inulin Exports in Nepal
In 2022, after two years of decline, there was significant growth in overseas shipments of starches; inulins, when their volume increased by 7.1% to 3.3 tons. In general, exports, however, saw a abrupt shrinkage.
In value terms, starches; inulin exports rose markedly to $1.6K in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent.
| Export of Starches; Inulin in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 1.7 | 1.5 | 1.6 | -5.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 1.7 | 1.5 | 1.6 | -5.6% |
Top Export Markets for Starches; Inulin from Nepal in 2022:
- China (3.3 tons)
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