Report Update Nov 1, 2024

Nepal - Margarine and Shortening - Market Analysis, Forecast, Size, Trends and Insights

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Nepal: Margarine And Shortening Market 2024

Margarine And Shortening Market Size in Nepal

The Nepalese margarine and shortening market fell rapidly to $X in 2022, waning by -20.8% against the previous year. Over the period under review, consumption, however, saw a strong expansion. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.

Margarine And Shortening Production in Nepal

In value terms, margarine and shortening production expanded to $X in 2022 estimated in export price. In general, production showed a strong increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by 141% against the previous year. Margarine and shortening production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Margarine And Shortening Exports

Exports from Nepal

In 2022, approx. X tons of margarine and shortening were exported from Nepal; declining by -11.4% compared with the previous year. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 62%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, margarine and shortening exports shrank to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 74% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for margarine and shortening exports from Nepal, with a 98% share of total exports. It was followed by India (X kg), with a 1.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +12.2%.

In value terms, China ($X) remains the key foreign market for margarine and shortening exports from Nepal, comprising 97% of total exports. The second position in the ranking was taken by India ($X), with a 2.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China stood at +17.4%.

Export Prices by Country

In 2022, the average margarine and shortening export price amounted to $X per ton, dropping by -3.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2015 an increase of 10%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then reduced modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.3%).

Margarine And Shortening Imports

Imports into Nepal

In 2022, margarine and shortening imports into Nepal reduced rapidly to X tons, declining by -35.9% against the previous year. In general, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 256% against the previous year. As a result, imports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, margarine and shortening imports fell notably to $X in 2022. Overall, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 324%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest margarine and shortening supplier to Nepal, with a 54% share of total imports. Moreover, margarine and shortening imports from Indonesia exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+3.8% per year) and India (+10.2% per year).

In value terms, Indonesia ($X) constituted the largest supplier of margarine and shortening to Nepal, comprising 51% of total imports. The second position in the ranking was held by Malaysia ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+3.3% per year) and India (+13.4% per year).

Import Prices by Country

In 2022, the average margarine and shortening import price amounted to $X per ton, falling by -3.6% against the previous year. In general, the import price, however, continues to indicate a mild expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

This report provides an in-depth analysis of the margarine and shortening 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:

FCL 1242 - Margarine and Shortening

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023