Cereals; Barley, Seed Price in Nepal - 2022

Contents:

  1. Cereals; Barley, Seed Price in Nepal (FOB) - 2022
  2. Cereals; Barley, Seed Exports in Nepal

Cereals; Barley, Seed Price in Nepal (FOB) - 2022

The average cereals; barley, seed export price stood at $2,764 per ton in 2022, picking up by 4.2% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. As a result, the export price attained the peak level of $4,078 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +7.3% per year.

Cereals; Barley, Seed Exports in Nepal

In 2022, shipments abroad of cereals; barley, seeds decreased by -72.4% to 798 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 401% against the previous year. As a result, the exports reached the peak of 2.9 tons, and then shrank remarkably in the following year.

In value terms, cereals; barley, seed exports contracted markedly to $2.2K in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 324%. As a result, the exports attained the peak of $7.7K, and then declined significantly in the following year.

Export of Cereals; Barley, Seed in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.91.87.62.234.7%
BelgiumN/AN/A0.1N/A0%
OthersN/AN/AN/AN/A0%
Total0.91.87.72.234.7%

Top Export Markets for Cereals; Barley, Seed from Nepal in 2022:

  1. United Kingdom (798.0 kg)

Source: IndexBox Market Intelligence Platform

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