Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Nepal - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Nepal (CIF) - 2022
  2. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Nepal

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Nepal (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses stood at $8,293 per ton in 2022, surging by 9.5% against the previous year. Overall, the import price posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 321% against the previous year. Over the period under review, average import prices attained the peak figure at $12,705 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Thailand ($8,439 per ton), while the price for China totaled $1,750 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.2%).

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Nepal

In 2022, approx. 184 kg of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses were imported into Nepal; jumping by 202% compared with the previous year. In general, imports, however, saw a sharp curtailment.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, in airtight containerses skyrocketed to $1.5K in 2022. Over the period under review, imports posted a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand4582944621,51949.1%
China980N/AN/A7.0-80.7%
OthersN/AN/AN/AN/A0%
Total1,4382944621,5262.0%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, in Airtight Containers to Nepal in 2022:

  1. Thailand (180.0 kg)
  2. China (4.0 kg)

Source: IndexBox Market Intelligence Platform

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