Nepal - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Nepal - 2021
Contents:
- Tomato Ketchup Price in Nepal (CIF) - 2022
- Tomato Ketchup Price in Nepal (FOB) - 2022
- Tomato Ketchup Imports in Nepal
- Tomato Ketchup Exports in Nepal
Tomato Ketchup Price in Nepal (CIF) - 2022
In 2022, the average tomato ketchup import price amounted to $1,569 per ton, increasing by 2.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 9.3% against the previous year. The import price peaked at $1,726 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Singapore ($2,247 per ton), while the price for Thailand ($978 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.6%), while the prices for the other major suppliers experienced a decline.
Tomato Ketchup Price in Nepal (FOB) - 2022
In 2022, the average tomato ketchup export price amounted to $1,849 per ton, dropping by -4.1% against the previous year. In general, the export price, however, saw measured growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 167%. Over the period under review, the average export prices reached the peak figure at $1,927 per ton in 2021, and then dropped modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,364 per ton), while the average price for exports to India ($190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+6.4%), while the prices for the other major destinations experienced a decline.
Tomato Ketchup Imports in Nepal
In 2022, supplies from abroad of tomato ketchup and tomato sauces decreased by -11.6% to 872 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 +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports reached the peak of 986 tons, and then dropped in the following year.
In value terms, tomato ketchup imports declined to $1.4M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $1.5M, and then dropped in the following year.
| Import of Tomato Ketchup in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 873 | 1,065 | 1,337 | 1,203 | 11.3% |
| China | 119 | 67.8 | 80.3 | 73.9 | -14.7% |
| Singapore | 41.4 | 49.5 | 60.4 | 59.5 | 12.9% |
| Thailand | 28.5 | 17.4 | 15.0 | 16.9 | -16.0% |
| Others | 31.1 | 21.5 | 21.4 | 13.8 | -23.7% |
| Total | 1,093 | 1,221 | 1,514 | 1,367 | 7.7% |
Top Suppliers of Tomato Ketchup to Nepal in 2022:
- India (748.3 tons)
- China (68.9 tons)
- Singapore (26.5 tons)
- Thailand (17.3 tons)
Tomato Ketchup Exports in Nepal
In 2022, the amount of tomato ketchup and tomato sauces exported from Nepal soared to 30 tons, growing by 51% compared with the previous year. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 504% against the previous year. As a result, the exports attained the peak of 40 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, tomato ketchup exports soared to $56K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 554% against the previous year. As a result, the exports reached the peak of $73K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Tomato Ketchup in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | 8.2 | 8.5 | 25.6 | 114.3% |
| Australia | 5.7 | 7.3 | 1.4 | 19.5 | 50.7% |
| China | 2.7 | 6.0 | 3.9 | 9.6 | 52.6% |
| India | 0.1 | 0.3 | 0.3 | 0.6 | 81.7% |
| Japan | N/A | 47.8 | N/A | N/A | 0% |
| Belgium | N/A | 3.3 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 24.0 | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Total | 11.1 | 72.9 | 38.3 | 55.6 | 71.1% |
Top Export Markets for Tomato Ketchup from Nepal in 2022:
- China (11.6 tons)
- Australia (10.6 tons)
- United States (4.8 tons)
- India (3.0 tons)
This report provides an in-depth analysis of the tomato ketchup market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
Country coverage:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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