Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Nepal - 2022

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Nepal (CIF) - 2022
  2. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Nepal

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Nepal (CIF) - 2022

In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $7,218 per ton, shrinking by -15.2% against the previous year. Overall, the import price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 191%. As a result, import price attained the peak level of $14,063 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +37.2% per year.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Nepal

In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds imported into Nepal contracted remarkably to 454 kg, falling by -95.7% against the year before. Overall, imports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 342% against the previous year. As a result, imports attained the peak of 11 tons, and then contracted sharply in the following year.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds contracted markedly to $3.3K in 2022. In general, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. As a result, imports reached the peak of $90K, and then dropped markedly in the following year.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.80.70.83.360.4%
Bulgaria16.613.834.8N/A44.8%
Spain1.30.71.4N/A3.8%
Belgium4.6N/AN/AN/A0%
India0.40.10.1N/A-50.0%
Others16.917.252.7N/A76.6%
Total40.632.589.83.3-56.7%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Nepal in 2022:

  1. China (454.0 kg)

Source: IndexBox Market Intelligence Platform

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