Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Nepal - 2022
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Nepal (CIF) - 2022
- Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Nepal
Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Nepal (CIF) - 2022
In 2022, the average import price for nuts, edible; cashew nuts, shelled, fresh or drieds amounted to $6,676 per ton, picking up by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2017 an increase of 51%. As a result, import price reached the peak level of $8,055 per ton. From 2018 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 countries with the highest prices were India ($7,606 per ton) and Nigeria ($6,546 per ton), while the price for Mozambique ($6,218 per ton) and Vietnam ($6,323 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.0%), while the prices for the other major suppliers experienced a decline.
Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Nepal
In 2022, overseas purchases of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -2.9% to 956 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 +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year.
In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds reached $6.4M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | 0.3 | 0.3 | 2.1 | 164.6% |
| India | 4.6 | 4.6 | 5.4 | 2.0 | -24.2% |
| Vietnam | N/A | N/A | N/A | 1.3 | 0% |
| Nigeria | N/A | N/A | 0.2 | 1.0 | 400.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 4.9 | 5.8 | 6.4 | 11.6% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Nepal in 2022:
- Mozambique (340.1 tons)
- India (261.6 tons)
- Vietnam (204.9 tons)
- Nigeria (145.2 tons)
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