Nepal: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Nepal

The Nepalese market for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X in 2022, increasing by 10% against the previous year. Over the period under review, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -8.6% against 2020 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Nepal

In value terms, citrus fruit jams and marmalades production rose sharply to $X in 2022 estimated in export price. In general, the total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 67% against the previous year. Citrus fruit jams and marmalades production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports from Nepal

After ten years of growth, overseas shipments of citrus fruit jams, marmalades, jellies, purees or pastes decreased by -65% to X kg in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 741%. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, citrus fruit jams and marmalades exports reduced rapidly to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 917% against the previous year. As a result, the exports attained the peak of $X, and then declined sharply in the following year.

Exports by Country

China (X kg) was the main destination for citrus fruit jams and marmalades exports from Nepal, with a 83% share of total exports. Moreover, citrus fruit jams and marmalades exports to China exceeded the volume sent to the second major destination, Japan (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +48.2%.

In value terms, Japan ($X) and China ($X) were the largest markets for citrus fruit jams and marmalades exported from Nepal worldwide.

In terms of the main countries of destination, Japan, with a CAGR of +55.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average export price for citrus fruit jams, marmalades, jellies, purees or pastes amounted to $X per ton, growing by 57% against the previous year. In general, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+19.1%).

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports into Nepal

In 2022, the amount of citrus fruit jams, marmalades, jellies, purees or pastes imported into Nepal shrank markedly to X tons, which is down by -45.6% compared with the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1,049% against the previous year. As a result, imports reached the peak of X tons, and then dropped notably in the following year.

In value terms, citrus fruit jams and marmalades imports declined significantly to $X in 2022. In general, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 832%. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

China (X tons), the UK (X tons) and Thailand (X tons) were the main suppliers of citrus fruit jams and marmalades imports to Nepal, together comprising 88% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +46.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of citrus fruit jams, marmalades, jellies, purees or pastes to Nepal, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Thailand, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from the UK totaled +37.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.4% per year) and Thailand (-7.4% per year).

Import Prices by Country

The average import price for citrus fruit jams, marmalades, jellies, purees or pastes stood at $X per ton in 2022, picking up by 1.9% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 an increase of 39%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform