Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal - 2022
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal (CIF) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal (FOB) - 2022
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $4,626 per ton, growing by 16% 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 2020 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,552 per ton), while the price for China ($2,626 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $7,112 per ton, with an increase of 216% against the previous year. In general, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +241.8% per year.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal
In 2022, approx. 344 tons of soups and broths and preparations therefor; homogenised composite food preparationses were imported into Nepal; waning by -48.3% compared with 2021 figures. In general, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 229%.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses fell markedly to $1.6M in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 226%. As a result, imports attained the peak of $2.7M, and then dropped notably in the following year.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,907 | 558 | 2,040 | 969 | -20.2% |
| Turkey | 27.4 | 46.5 | 133 | 362 | 136.4% |
| China | 333 | 43.8 | 309 | 249 | -9.2% |
| Singapore | 267 | 94.8 | 132 | N/A | -29.7% |
| Others | 39.1 | 74.0 | 50.0 | 10.7 | -35.1% |
| Total | 2,573 | 817 | 2,664 | 1,591 | -14.8% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Nepal in 2022:
- India (174.5 tons)
- China (94.8 tons)
- Turkey (71.6 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal
In 2022, the amount of soups and broths and preparations therefor; homogenised composite food preparationses exported from Nepal reduced dramatically to 1.3 tons, falling by -92% on the previous year. Overall, exports faced a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 880%. As a result, the exports attained the peak of 16 tons, and then reduced dramatically in the following year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses plummeted to $9.2K in 2022. Over the period under review, exports faced a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 647%. As a result, the exports attained the peak of $36K, and then shrank rapidly in the following year.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.0 | 0.3 | 4.4 | 9.2 | 66.3% |
| China | 12.5 | 1.7 | 11.9 | N/A | -2.4% |
| United States | 15.6 | 2.4 | 17.5 | N/A | 5.9% |
| India | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Australia | 3.4 | 0.5 | 2.4 | N/A | -16.0% |
| Others | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Total | 33.9 | 4.9 | 36.5 | 9.2 | -35.3% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Nepal in 2022:
- Japan (1.3 tons)
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