Concentrated Orange Juice Price in Nepal - 2022
Contents:
- Concentrated Orange Juice Price in Nepal (FOB) - 2022
- Concentrated Orange Juice Price in Nepal (CIF) - 2022
- Concentrated Orange Juice Exports in Nepal
- Concentrated Orange Juice Imports in Nepal
Concentrated Orange Juice Price in Nepal (FOB) - 2022
In 2022, the average concentrated orange juice export price amounted to $669 per ton, standing approx. at the previous year. Overall, the export price recorded a slight setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 9.2%. Over the period under review, the average export prices attained the peak figure at $776 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.2% per year.
Concentrated Orange Juice Price in Nepal (CIF) - 2022
The average concentrated orange juice import price stood at $1,745 per ton in 2022, with an increase of 15% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 70%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($4,048 per ton), while the price for Israel ($230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Concentrated Orange Juice Exports in Nepal
In 2022, exports of concentrated orange juice from Nepal was estimated at 7.7K tons, approximately equating 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, concentrated orange juice exports amounted to $5.2M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 54%.
Export of Concentrated Orange Juice in Nepal (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 5.2 | 3.3 | 5.1 | 5.1 | -0.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.2 | 3.3 | 5.1 | 5.2 | 0.0% |
Top Export Markets for Concentrated Orange Juice from Nepal in 2022:
- India (7.7K tons)
Concentrated Orange Juice Imports in Nepal
In 2022, the amount of concentrated orange juice imported into Nepal rose sharply to 197 tons, picking up by 14% compared with 2021. In general, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 25%.
In value terms, concentrated orange juice imports surged to $344K in 2022. Overall, imports, however, faced a deep setback.
Import of Concentrated Orange Juice in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 222 | 62.3 | 157 | 161 | -10.2% |
Egypt | N/A | N/A | N/A | 66.3 | 0% |
South Korea | 33.8 | 31.5 | 36.4 | 42.7 | 8.1% |
Thailand | 12.7 | 18.4 | 15.4 | 24.5 | 24.5% |
Israel | 47.1 | 31.5 | 26.0 | 22.0 | -22.4% |
Others | 242 | 73.1 | 27.5 | 27.9 | -51.3% |
Total | 557 | 217 | 262 | 344 | -14.8% |
Top Suppliers of Concentrated Orange Juice to Nepal in 2022:
- Israel (95.6 tons)
- Spain (44.4 tons)
- South Korea (22.0 tons)
- Egypt (16.4 tons)
- Thailand (10.5 tons)
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