Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Nepal - 2022

Contents:

  1. Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Nepal (CIF) - 2022
  2. Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Nepal

Price for Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Nepal (CIF) - 2022

In 2022, the average import price for crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds amounted to $2,912 per ton, reducing by -68.9% against the previous year. Overall, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. The import price peaked at $9,357 per ton in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($9,813 per ton), while the price for South Korea ($919 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Nepal

After two years of decline, purchases abroad of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds increased by 450% to 3.1 tons in 2022. Over the period under review, imports, however, showed a deep downturn.

In value terms, imports of crustaceans, molluscs and other aquatic invertebrates, prepared or preserveds skyrocketed to $9K in 2022. Overall, imports, however, recorded a precipitous setback.

Import of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand10.73.90.36.8-14.0%
South Korea0.2N/A0.22.2122.4%
China2.50.8N/AN/A-68.0%
VietnamN/AN/A1.7N/A0%
India3.11.60.1N/A-82.0%
Others1.45.22.9N/A43.9%
Total17.911.65.39.0-20.5%

Top Suppliers of Crustaceans, Molluscs and Other Aquatic Invertebrates, Prepared or Preserved to Nepal in 2022:

  1. South Korea (2.4 tons)
  2. Thailand (0.7 tons)

Source: IndexBox Market Intelligence Platform

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