Nepal: Market for Citrus Fruits Not Elsewhere Classified 2024

Market Size for Citrus Fruits Not Elsewhere Classified in Nepal

The Nepalese market for citrus fruits not elsewhere classified expanded notably to $X in 2022, surging by 5.3% against the previous year. Overall, consumption, however, enjoyed a resilient expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Citrus Fruits Not Elsewhere Classified in Nepal

In value terms, citrus fruits not elsewhere classified production soared to $X in 2022 estimated in export price. In general, production, however, showed a significant expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 153%. Citrus fruits not elsewhere classified production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of citrus fruits not elsewhere classified in Nepal declined to X tons per ha in 2022, falling by -6.7% against the previous year. The yield figure increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the yield increased by 19% against the previous year. The citrus fruits not elsewhere classified yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of citrus fruits not elsewhere classified production in Nepal dropped to X ha, shrinking by -13.8% compared with the previous year's figure. In general, the harvested area, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 113% against the previous year. The citrus fruits not elsewhere classified harvested area peaked at X ha in 2021, and then dropped in the following year.

Exports of Citrus Fruits Not Elsewhere Classified

Exports from Nepal

In 2022, overseas shipments of citrus fruits not elsewhere classified increased by 48% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, showed a sharp curtailment. The growth pace was the most rapid in 2016 with an increase of 160% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, citrus fruits not elsewhere classified exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2016 when exports increased by 165%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for citrus fruits not elsewhere classified exports from Nepal, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to India amounted to -24.9%.

In value terms, India ($X) also remains the key foreign market for citrus fruits not elsewhere classified exports from Nepal.

From 2012 to 2022, the average annual growth rate of value to India amounted to -16.9%.

Export Prices by Country

The average export price for citrus fruits not elsewhere classified stood at $X per ton in 2022, jumping by 31% against the previous year. In general, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 78% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 +10.7% per year.

Imports of Citrus Fruits Not Elsewhere Classified

Imports into Nepal

In 2022, overseas purchases of citrus fruits not elsewhere classified increased by 84% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 166%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, citrus fruits not elsewhere classified imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced setback. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main supplier of citrus fruits not elsewhere classified to Nepal, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +8.3%.

In value terms, India ($X) constituted the largest supplier of citrus fruits not elsewhere classified to Nepal.

From 2012 to 2022, the average annual growth rate of value from India amounted to -4.0%.

Import Prices by Country

The average import price for citrus fruits not elsewhere classified stood at $X per ton in 2022, rising by 26% against the previous year. In general, the import price, however, saw a deep reduction. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, 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 -11.3% per year.

Source: IndexBox Platform