Price for Protein; Concentrates and Textured Protein Substances in Nepal - 2022
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Nepal (CIF) - 2022
- Price for Protein; Concentrates and Textured Protein Substances in Nepal (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Nepal
- Exports of Protein; Concentrates and Textured Protein Substances in Nepal
Price for Protein; Concentrates and Textured Protein Substances in Nepal (CIF) - 2022
The average import price for protein; concentrates and textured protein substanceses stood at $8,717 per ton in 2022, surging by 4% against the previous year. Over the period under review, the import price saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 86% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,761 per ton), while the price for Thailand ($1,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Nepal (FOB) - 2022
The average export price for protein; concentrates and textured protein substanceses stood at $2,605 per ton in 2022, dropping by -63.8% against the previous year. Over the period under review, the export price saw a drastic downturn. The growth pace was the most rapid in 2020 when the average export price increased by 67%. As a result, the export price attained the peak level of $11,294 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($16,947 per ton), while the average price for exports to the UK ($794 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Protein; Concentrates and Textured Protein Substances in Nepal
In 2022, overseas purchases of protein; concentrates and textured protein substanceses decreased by -46.3% to 70 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 28%. As a result, imports reached the peak of 194 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of protein; concentrates and textured protein substanceses fell notably to $613K in 2022. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 80%. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Protein; Concentrates and Textured Protein Substances in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 583 | 1,053 | 836 | 417 | -10.6% |
| United States | 33.8 | 116 | 38.0 | 76.7 | 31.4% |
| Hungary | 26.0 | 97.1 | 44.0 | 64.5 | 35.4% |
| United Kingdom | 0.6 | 1.3 | 0.5 | 35.2 | 288.6% |
| Thailand | 5.5 | 2.6 | 1.7 | 3.3 | -15.7% |
| China | 127 | 199 | 108 | 1.1 | -79.5% |
| Others | 57.7 | 34.5 | 68.8 | 14.6 | -36.8% |
| Total | 834 | 1,503 | 1,096 | 613 | -9.8% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Nepal in 2022:
- India (50.2 tons)
- United States (6.5 tons)
- Hungary (5.8 tons)
- United Kingdom (4.9 tons)
- Thailand (2.0 tons)
- China (0.1 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Nepal
Exports of protein; concentrates and textured protein substanceses from Nepal contracted significantly to 2.1 tons in 2022, dropping by -87.9% on the previous year's figure. In general, exports saw a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 223% against the previous year. As a result, the exports reached the peak of 17 tons, and then reduced remarkably in the following year.
In value terms, exports of protein; concentrates and textured protein substanceses fell dramatically to $5.4K in 2022. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 106%. As a result, the exports reached the peak of $123K, and then dropped rapidly in the following year.
| Export of Protein; Concentrates and Textured Protein Substances in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.8 | 10.5 | 14.0 | 2.2 | -37.0% |
| Malaysia | N/A | N/A | N/A | 1.5 | 0% |
| Japan | 4.8 | 6.8 | 9.7 | 1.1 | -38.8% |
| United Kingdom | 0.2 | 0.3 | 0.4 | 0.5 | 35.7% |
| China | 2.4 | 1.1 | 3.0 | N/A | 11.8% |
| Italy | 19.2 | 1.8 | 10.1 | N/A | -27.5% |
| Qatar | N/A | N/A | 32.1 | N/A | 0% |
| Pakistan | N/A | 38.0 | 52.2 | N/A | 37.4% |
| Others | 0.7 | 1.0 | 1.1 | N/A | 25.4% |
| Total | 36.0 | 59.5 | 123 | 5.4 | -46.9% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Nepal in 2022:
- Malaysia (900.0 kg)
- United Kingdom (675.0 kg)
- Japan (355.0 kg)
- Sweden (131.0 kg)
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