Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal - 2022

Contents:

1. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal (CIF) - 2022
2. Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal (FOB) - 2022
3. Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal
4. Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal (CIF) - 2022

In 2022, the average import price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $1,203 per ton, which is down by -3.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 22%. The import price peaked at $1,249 per ton in 2021, and then dropped slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,406 per ton), while the price for Malaysia ($1,014 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.2%), while the prices for the other major suppliers experienced a decline.

Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal (FOB) - 2022

In 2022, the average export price for liquid margarine and edible mixtures of animal or vegetable fats amounted to $2,712 per ton, falling by -3.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2021 an increase of 9.8%. As a result, the export price attained the peak level of $2,820 per ton, and then contracted 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 India amounted to +8.3% per year.

Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal

In 2022, imports of liquid margarine and edible mixtures of animal or vegetable fats into Nepal contracted remarkably to 7.1K tons, waning by -36.5% against 2021. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 271%. As a result, imports attained the peak of 11K tons, and then fell dramatically in the following year.

In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats declined rapidly to $8.5M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 350%. As a result, imports attained the peak of $14M, and then contracted rapidly in the following year.

Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to Nepal in 2022:

1. Indonesia (5.5K tons)
2. India (1.1K tons)
3. Malaysia (0.3K tons)

Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in Nepal

In 2022, approx. 1.1 tons of liquid margarine and edible mixtures of animal or vegetable fats were exported from Nepal; shrinking by -11.4% against the previous year. In general, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year.

In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats declined to $3.1K in 2022. Overall, exports showed a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year.

Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from Nepal in 2022:

1. China (1.1 tons)

Source: IndexBox Market Intelligence Platform