Earlier Report Observations
The market for pig fat free of lean meat and poultry fat in Nepal showed sustained growth between 2018 and 2022, with production and market volume rising from 565 metric tons to 721 metric tons. This expansion was particularly pronounced in 2022, when output increased by nearly 15%.
After four consecutive years of growth, the market contracted in 2023, falling by approximately 10% to 651 metric tons. The 2023 volume, however, remained significantly higher than the level recorded at the start of the period in 2018.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Nepal
- 5.1.1. Annual dynamics of production in Nepal in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Nepal in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Nepal
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, kg
- 6.1.2.1. Annual dynamics of product's imports to Nepal in kind, 2018-2024, kg
- 6.1.2.2. Dynamics of product's imports in kind to Nepal by countries, 2018-2024, kg
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, $ US
- 6.1.3.1. Annual dynamics of product's imports to Nepal in value, 2018-2024, $ US
- 6.1.3.2. Dynamics of product's imports in value to Nepal by countries, 2018-2024, $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Nepal, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Nepal by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, kg
- 6.2.2.1. Annual dynamics of product's imports to Nepal in kind, 2018-2024, kg
- 6.2.2.2. Dynamics of product's imports in kind to Nepal by countries, 2018-2024, kg
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, $ US
- 6.2.3.1. Annual dynamics of product's imports to Nepal in value, 2018-2024, $ US
- 6.2.3.2. Dynamics of product's imports in value to Nepal by countries, 2018-2024, $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Nepal, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Nepal by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, kg
- 7.1.2. In value, $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, kg
- 7.2.2. In value, $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production pig fat free of lean meat and poultry fat in Nepal
In kind, 2017-2020, t
Top producers of pig fat free of lean meat and poultry fat, 2017-2020
World map of production of pig fat free of lean meat and poultry fat, 2017-2020
Nepal's production of pig fat free of lean meat and poultry fat has increased for the third consecutive year. In 2020, Nepal produced 589.9 t of this product, marking a moderate 3.2% increase compared to 2019. From 2017 to 2020, production grew by 20.2%, which translates to an annualized growth rate of 6.3%.
Annual dynamics of production in Nepal in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 15.0% | 1.3% | 3.2% | 6.3% |
Exports pig fat free of lean meat and poultry fat from Nepal
Marketing research indicates that Nepal did not export any pig fat free of lean meat and poultry fat from 2017 to 2020.
Imports pig fat free of lean meat and poultry fat to Nepal
Imports in kind, kg
Cross-border shipments of pig fat free of lean meat and poultry fat to Nepal have declined for the second consecutive year. In 2019, imports reached 7 kg, representing a 98.7% decrease compared to the previous year. Between 2017 and 2019, imports fell by 99.9%, equating to an annualized decline of 91.6%.
Annual dynamics of product's imports to Nepal in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (95.7%) | (98.7%) | n/a | - |
From 2017 to 2020, Thailand accounted for nearly all imports in kind of pig fat free of lean meat and poultry fat to Nepal, with a share of 95.9% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Nepal in kind, 2017-2020
Imports in value, $ US
Imported volumes of pig fat free of lean meat and poultry fat to Nepal have declined for the second consecutive year. In 2019, Nepal imported a total of 35 US dollars worth of this product, corresponding to a steep year-on-year drop of 98.6%. Over the period from 2017 to 2019, imports decreased by 99.8%, with a compound annual growth rate (CAGR) of -88.5%.
Annual dynamics of product's imports to Nepal in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (89.3%) | (98.6%) | n/a | - |
Throughout 2017 to 2020, Thailand remained the dominant and almost sole source for imports in value terms of pig fat free of lean meat and poultry fat to Nepal, with a share of 90.4%.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Nepal in value, 2017-2020
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