Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Nepal - 2022
Contents:
- Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Nepal (CIF) - 2022
- Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Nepal
Price for Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Nepal (CIF) - 2022
In 2022, the average import price for oleaginous fruits; palm nuts and kernels, whether or not broken amounted to $2,904 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The growth pace was the most rapid in 2016 when the average import price increased by 80% against the previous year. The import price peaked at $23,556 per ton in 2012; however, from 2013 to 2022, 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 ($3,696 per ton), while the price for Myanmar ($454 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-4.0%), while the prices for the other major suppliers experienced a decline.
Imports of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Nepal
For the fourth consecutive year, Nepal recorded growth in purchases abroad of oleaginous fruits; palm nuts and kernels, whether or not broken, which increased by 86% to 1.2 tons in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of oleaginous fruits; palm nuts and kernels, whether or not broken skyrocketed to $3.4K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 89%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 3,132 | 0% |
| India | 497 | 939 | 1,120 | 85.0 | -44.5% |
| Indonesia | N/A | N/A | 655 | 78.0 | -88.1% |
| Myanmar | N/A | N/A | N/A | 49.0 | 0% |
| Others | N/A | N/A | N/A | 10.0 | 0% |
| Total | 497 | 939 | 1,775 | 3,354 | 89.0% |
Top Suppliers of Oleaginous Fruits; Palm Nuts and Kernels, Whether or Not Broken to Nepal in 2022:
- United Arab Emirates (975.0 kg)
- Myanmar (108.0 kg)
- Indonesia (48.0 kg)
- India (23.0 kg)
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