Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal - 2022

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal (CIF) - 2022
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal (FOB) - 2022
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal (CIF) - 2022

The average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $560 per ton in 2022, reducing by -5.6% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $1,117 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,607 per ton), while the price for India ($300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.2%), while the prices for the other major suppliers experienced a decline.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal (FOB) - 2022

In 2022, the average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,515 per ton, dropping by -39.2% against the previous year. Overall, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 56%. As a result, the export price attained the peak level of $2,850 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,490 per ton), while the average price for exports to Hong Kong SAR ($200 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 China (+0.4%).

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal

Imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes into Nepal dropped markedly to 300 tons in 2022, declining by -57.8% compared with the previous year's figure. Overall, imports recorded a precipitous curtailment. The smallest decline of -6.3% was in 2020.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes reduced remarkably to $168K in 2022. In general, imports showed a significant decline. The smallest decline of -0.1% was in 2020.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20140518642.0-40.7%
TurkeyN/AN/A17.236.2110.5%
Thailand5.614.08.09.117.6%
Others2163.721080.7-28.0%
Total422422422168-26.4%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Nepal in 2022:

  1. India (140.1 tons)
  2. Thailand (9.8 tons)
  3. Turkey (4.8 tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal

In 2022, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes from Nepal soared to 99 kg, with an increase of 68% against the previous year's figure. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes expanded slightly to $150 in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 73% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China64.084.014612224.0%
AustraliaN/AN/AN/A6.00%
United StatesN/AN/AN/A6.00%
Singapore1.01.01.01.00.0%
United Arab EmiratesN/AN/AN/A1.00%
Hong Kong SARN/AN/AN/A1.00%
OthersN/AN/AN/A13.00%
Total65.085.014715032.1%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Nepal in 2022:

  1. China (49.0 kg)
  2. United States (14.0 kg)
  3. Hong Kong SAR (5.0 kg)
  4. United Arab Emirates (4.0 kg)
  5. Australia (3.0 kg)
  6. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform

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