Preserved Frozen Potato Price in Nepal - 2022
Contents:
Preserved Frozen Potato Price in Nepal (CIF) - 2022
In 2022, the average preserved frozen potato import price amounted to $1,031 per ton, declining by -3.1% against the previous year. In general, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 37% against the previous year. The import price peaked at $1,400 per ton in 2015; however, from 2016 to 2022, 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 the Netherlands ($1,104 per ton), while the price for India totaled $1,029 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.0%), while the prices for the other major suppliers experienced a decline.
Preserved Frozen Potato Imports in Nepal
In 2022, imports of frozen potatoes prepared or preserved into Nepal surged to 1.7K tons, with an increase of 26% on 2021. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 101% 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.
In value terms, preserved frozen potato imports skyrocketed to $1.8M in 2022. Overall, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 92% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Preserved Frozen Potato in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 851 | 407 | 1,220 | 1,735 | 26.8% |
| Netherlands | 225 | 50.9 | 142 | 47.2 | -40.6% |
| Others | 60.4 | 300 | 96.3 | N/A | 26.3% |
| Total | 1,137 | 758 | 1,459 | 1,782 | 16.2% |
Top Suppliers of Preserved Frozen Potato to Nepal in 2022:
- India (1685.1 tons)
- Netherlands (42.8 tons)
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