Mandarins Price in Nepal - 2022

Contents:

  1. Mandarins Price in Nepal (CIF) - 2022
  2. Mandarins Price in Nepal (FOB) - 2022
  3. Mandarins Imports in Nepal
  4. Mandarins Exports in Nepal

Mandarins Price in Nepal (CIF) - 2022

The average mandarins import price stood at $325 per ton in 2022, with a decrease of -29.6% against the previous year. Overall, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $462 per ton, and then dropped rapidly in the following year.

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 China ($1,851 per ton), while the price for India totaled $288 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.5%).

Mandarins Price in Nepal (FOB) - 2022

The average mandarins export price stood at $1,064 per ton in 2020, approximately mirroring the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Singapore ($1,095 per ton), while the average price for exports to Moldova stood at $1,063 per ton.

From 2017 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.3%).

Mandarins Imports in Nepal

In 2022, purchases abroad of fruit, edible was finally on the rise to reach 34 tons after two years of decline. In general, imports, however, faced a dramatic setback.

In value terms, mandarins imports surged to $11K in 2022. Overall, imports, however, recorded a dramatic contraction.

Import of Mandarins in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India25.415.96.29.6-27.7%
ChinaN/AN/AN/A1.50%
OthersN/AN/AN/AN/A0%
Total25.415.96.211.1-24.1%

Top Suppliers of Mandarins to Nepal in 2022:

  1. India (33.2 tons)
  2. China (0.8 tons)

Mandarins Exports in Nepal

In 2020, the amount of fruit, edible exported from Nepal shrank sharply to 35 tons, which is down by -23% compared with 2019. Overall, exports faced a sharp decrease.

In value terms, mandarins exports declined rapidly to $37K in 2020. Over the period under review, exports continue to indicate a sharp slump.

Export of Mandarins in Nepal (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
MoldovaN/A36.80%
Singapore47.80.1-99.8%
OthersN/AN/A0%
Total47.836.9-22.8%

Top Export Markets for Mandarins from Nepal in 2022:

  1. Moldova (34.6 tons)
  2. Singapore (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Mandarins - Nepal