Sucrose in solid form market in Nepal

Earlier Report Observations

The market for chemically pure sucrose in solid form in Nepal showed high volatility between 2018 and 2023, with volume swinging from 308.6 thousand tonnes down to 181.9 thousand tonnes and then recovering to 262.0 thousand tonnes before another sharp drop. Domestic production followed a similar pattern, indicating it was the primary driver of market size in this period with no export activity.

Imports played a noticeable compensating role during downturns in local output, particularly in 2020 and 2023 when shipments increased significantly to 13.5 and 15.4 thousand tonnes respectively. This import surge helped cushion the market volume during years of lower production, such as in 2023 when domestic output fell to 133.1 thousand tonnes.

The overall period was characterized by two distinct cycles: a steep decline from the 2018 peak, a recovery culminating in 2021, and a subsequent contraction through 2023. Market volume settled at 148.5 thousand tonnes in 2023, closely aligned with that year's reduced production level.

Production sucrose in solid form in Nepal

In kind, 2017-2020, K t

Top producers of sucrose in solid form, 2017-2020

World map of production of sucrose in solid form, 2017-2020

In 2019, Nepal's production of sucrose in solid form reached its lowest point at 180.1 thousand tonnes. This was followed by a significant recovery in 2020, with output rising to 234.0 thousand tonnes, marking a 29.9% increase compared to the previous year. Looking at the broader period from 2017 to 2020, production grew by 17.9%, which translates to an average annual growth rate of 5.6%. The peak production occurred in 2018, when Nepal produced 304.9 thousand tonnes. That year saw the largest annual increase at 53.6%, while 2019 experienced the steepest decline of 40.9%.

Annual dynamics of production in Nepal in kind, 2017-2020, K t

Exports sucrose in solid form from Nepal

Exports in kind, t

Nepal's exports of sucrose in solid form continued to decline for the second year in a row. In 2019, export volumes dropped to just 1 tonne, representing an 86.2% decrease from the year before. Over the three-year span from 2017 to 2019, exports fell by 88%, with a compound annual growth rate of -50.7%.

Annual dynamics of product's exports from Nepal in kind, 2017-2020, t

From 2017 to 2020, the export market for sucrose in solid form from Nepal was highly concentrated, with China accounting for 100.0% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Nepal in kind, 2017-2020

Exports in value, K $ US

The export market for sucrose in solid form from Nepal showed considerable volatility during the observed period. In 2019, exports amounted to 2 thousand US dollars, reflecting a sharp decline of 83.8% compared to the previous year. The highest export value was recorded in 2018 at 12 thousand US dollars, which also saw the largest annual increase of 38.2%. Overall, export levels fluctuated significantly, with a 6.2-fold difference between the peak in 2018 and the low in 2019.

Annual dynamics of product's exports from Nepal in value, 2017-2020, K $ US

Between 2017 and 2020, China was the primary destination for Nepal's sucrose in solid form exports, consistently representing 100.0% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Nepal in value, 2017-2020

Imports sucrose in solid form to Nepal

Imports in kind, t

Import volumes of sucrose in solid form into Nepal experienced notable fluctuations. In 2020, imports surged to 13 458 tonnes, a sharp increase of 637.6% from the previous year. The lowest import level was recorded in 2017, with imports varying by 7.8 times between that year and the peak in 2020. The largest decline occurred in 2019, when imports fell by 50.5%.

Annual dynamics of product's imports to Nepal in kind, 2017-2020, t

From 2017 to 2020, India and Pakistan dominated Nepal's imports of sucrose in solid form in volume terms, together accounting for 99.9% of total imports.

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, K $ US

The import market for sucrose in solid form into Nepal displayed an unstable trend throughout the period. In 2020, imports reached approximately 5 877 thousand US dollars, showing a sharp year-over-year increase of 469.3%. The lowest import value was in 2017, with a 5.8-fold swing between that year and the peak in 2020. The largest decline was recorded in 2019, when imports dropped by 40.4%.

Annual dynamics of product's imports to Nepal in value, 2017-2020, K $ US

During 2017–2020, India and Pakistan remained the leading sources for Nepal's imports of sucrose in solid form in value terms, jointly making up 99.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Nepal in value, 2017-2020