Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Nepal - 2022

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Nepal (CIF) - 2022
  2. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Nepal

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Nepal (CIF) - 2022

The average import price for sunflower seed stood at $1,125 per ton in 2022, falling by -24.6% against the previous year. In general, the import price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 79%. As a result, import price attained the peak level of $1,745 per ton. From 2021 to 2022, the average import prices remained at a 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 India ($2,171 per ton), while the price for China amounted to $1,071 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.3%).

Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Nepal

In 2022, imports of sunflower seed into Nepal surged to 45 tons, growing by 199% against 2021. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of sunflower seed skyrocketed to $51K in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 149%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.47.214.645.8118.3%
India2.310.26.24.827.8%
Thailand0.30.30.4N/A15.5%
Others0.30.41.2N/A100.0%
Total7.318.222.450.690.7%

Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Nepal in 2022:

  1. China (42.7 tons)
  2. India (2.2 tons)

Source: IndexBox Market Intelligence Platform

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