11.07.2015 Views

Ministry of Commerce And Supplies - Enhanced Integrated ...

Ministry of Commerce And Supplies - Enhanced Integrated ...

Ministry of Commerce And Supplies - Enhanced Integrated ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

N T I S2010Attractive markets for Tea (HS 0902.40)Top 10 by size, growth, openess and current exportstop10top10 top10 current exports from NepalRank top10 SIZEGROWTH OPENESS(US$ 1,000 in 2008)1 UK Egypt India India 15,1162 Russia Australia Kyrgyzstan Germany 2393 Pakistan UAE Japan France 594 Egypt Iran Tajikistan Pakistan 315 UAE Russia Japan 276 Iran Kazakhstan Austria 177 USA USA Canada 138 Japan Germany USA 119 Germany Saudi Arabia Poland 1010 Kazakhstan UK Denmark 66) Instant NoodlesBackgroundInvented in Japan in the late 1950s, production <strong>of</strong> instant noodles in Nepal began in the early 1980s. GandakiNoodles started with the now famous ‘Rara’ brand. This came at a time when there was a growing demandfor instant noodles, which were imported mainly from Thailand. Several other companies followed over theyears. At present, there are more than 14 noodles factories scattered all over Nepal, with an installed annualproduction capacity <strong>of</strong> more than 48,890 MT. The sector is driven by large companies with well-establishedbrands (e.g. Chaudhary with ‘Wai Wai’ and Khetan with ‘Mayos’). Today, the estimated value <strong>of</strong> productionis US$28 million, with exports above US$10 million. The internal market is tight and competition is intense.After the Nepal-India treaty <strong>of</strong> 1996, Nepal-made instant noodles have found a ready market in India (and alsoBhutan), where Nepalese brands are now well-established.Nepal is the 17 th largest consumer <strong>of</strong> instant noodles in the world.Index 1: Export PerformanceTable 2.19Export Value <strong>of</strong> Instant Noodles, 2004-2008 (US$1,000)Direct data (Nepal) 2004/05 2005/06 2006/07 2007/08 2008/09 20Exports overseas 1,196 1,574 1,783 4,171 1,927Exports to India 5,682 6,380 3,252 7,300 9,516Total exports 6,878 7,954 5,035 11,471 11,443Mirror data 2004 2005 2006 2007 2008Exports overseas 19 999 274 423 1,240Exports to India 2,434 3,410 881 2,699 9,150Total exports 2,453 4,409 1,155 3,122 10,39020US$=NRs65 till 2005/06, then on US$=NRs 73.NEPAL TRADE INTEGRATION STRATEGY 2010BACKGROUND REPORT51

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!