Price for Smoked Fish, Incl. Fillets in Nepal - 2022
Contents:
- Price for Smoked Fish, Incl. Fillets in Nepal (CIF) - 2022
- Imports of Smoked Fish, Incl. Fillets in Nepal
Price for Smoked Fish, Incl. Fillets in Nepal (CIF) - 2022
The average smoked fish, incl. fillets import price stood at $12,961 per ton in 2022, increasing by 12% against the previous year. Overall, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2018 an increase of 99%. As a result, import price reached the peak level of $26,234 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Maldives ($44,929 per ton), while the price for India ($5,169 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+91.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Smoked Fish, Incl. Fillets in Nepal
In 2022, purchases abroad of smoked fish, incl. fillets decreased by -8.6% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7.2%. As a result, imports attained the peak of 2.6 tons, and then declined in the following year.
In value terms, smoked fish, incl. fillets imports rose to $31K in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Smoked Fish, Incl. Fillets in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 1.1 | 7.9 | 18.8 | 10.8 | 114.1% |
| South Korea | N/A | N/A | N/A | 10.1 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 6.7 | 0% |
| India | 12.7 | 21.6 | 11.4 | 3.4 | -35.5% |
| Others | 14.9 | N/A | N/A | N/A | 0% |
| Total | 28.8 | 29.5 | 30.2 | 31.0 | 2.5% |
Top Suppliers of Smoked Fish, Incl. Fillets to Nepal in 2022:
- South Korea (978.0 kg)
- India (652.0 kg)
- Hong Kong SAR (522.0 kg)
- Maldives (240.0 kg)
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