Starch; Manioc (Cassava) Price in Nepal - 2021
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Starch; Manioc (Cassava) Price in Nepal (CIF) - 2022
In 2022, the average starch; manioc (cassava) import price amounted to $697 per ton, rising by 14% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch; manioc (cassava) import price decreased by -4.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $726 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($740 per ton), while the price for India ($688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Nepal
Starch; manioc (cassava) imports into Nepal totaled 838 tons in 2022, surging by 12% compared with the previous year. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 965% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, starch; manioc (cassava) imports surged to $584K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 781% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Starch; Manioc (Cassava) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.8 | 245 | 374 | 495 | 229.8% |
| Thailand | 19.3 | 84.4 | 52.9 | 44.6 | 32.2% |
| Vietnam | 7.8 | 30.4 | 28.9 | 40.0 | 72.4% |
| Others | N/A | N/A | N/A | 4.5 | 0% |
| Total | 40.8 | 360 | 456 | 584 | 142.8% |
Top Suppliers of Starch; Manioc (Cassava) to Nepal in 2022:
- India (719.1 tons)
- Thailand (60.5 tons)
- Vietnam (54.0 tons)
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