Non-Liquid Margarine Price in Nepal - 2022
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Non-Liquid Margarine Price in Nepal (CIF) - 2022
In 2022, the average non-liquid margarine import price amounted to $1,367 per ton, which is down by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 an increase of 11%. As a result, import price reached the peak level of $1,421 per ton, and then shrank slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,700 per ton), while the price for Malaysia totaled $1,481 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Liquid Margarine Imports in Nepal
Non-liquid margarine imports into Nepal declined notably to 335 tons in 2022, with a decrease of -19.2% against 2021. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 414 tons, and then dropped notably in the following year.
In value terms, non-liquid margarine imports fell notably to $458K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of $588K, and then declined sharply in the following year.
| Import of Non-Liquid Margarine in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 288 | 243 | 376 | 233 | -6.8% |
| Malaysia | 131 | 79.1 | 163 | 60.6 | -22.7% |
| Sri Lanka | 17.5 | N/A | N/A | N/A | 0% |
| Indonesia | N/A | N/A | 45.5 | N/A | 0% |
| Others | 25.0 | 4.9 | 3.4 | 164 | 87.2% |
| Total | 461 | 327 | 588 | 458 | -0.2% |
Top Suppliers of Non-Liquid Margarine to Nepal in 2022:
- India (137.0 tons)
- Malaysia (40.9 tons)
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