Cereals; Millet, Seed Price in Nepal - 2022
Contents:
- Cereals; Millet, Seed Price in Nepal (CIF) - 2022
- Cereals; Millet, Seed Price in Nepal (FOB) - 2022
- Cereals; Millet, Seed Imports in Nepal
- Cereals; Millet, Seed Exports in Nepal
Cereals; Millet, Seed Price in Nepal (CIF) - 2022
The average cereals; millet, seed import price stood at $266 per ton in 2022, with a decrease of -6.5% against the previous year. In general, the import price showed a abrupt setback. The growth pace was the most rapid in 2017 an increase of 16% against the previous year. The import price peaked at $656 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.6% per year.
Cereals; Millet, Seed Price in Nepal (FOB) - 2022
The average cereals; millet, seed export price stood at $1,372 per ton in 2022, growing by 16% against the previous year. Overall, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2017 an increase of 63% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +59.5% per year.
Cereals; Millet, Seed Imports in Nepal
In 2022, imports of cereals; millet, seeds into Nepal skyrocketed to 1.3K tons, jumping by 49% against the year before. Overall, imports, however, recorded a deep setback.
In value terms, cereals; millet, seed imports surged to $340K in 2022. In general, imports, however, faced a deep contraction.
Import of Cereals; Millet, Seed in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 597 | 775 | 244 | 340 | -17.1% |
Others | N/A | 0.1 | 0.5 | 0.3 | 73.2% |
Total | 597 | 775 | 245 | 340 | -17.1% |
Top Suppliers of Cereals; Millet, Seed to Nepal in 2022:
- India (1277.5 tons)
Cereals; Millet, Seed Exports in Nepal
After three years of growth, overseas shipments of cereals; millet, seeds decreased by -95.4% to 2.1 tons in 2022. Over the period under review, exports showed a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of 45 tons, and then declined significantly in the following year.
In value terms, cereals; millet, seed exports reduced sharply to $2.8K in 2022. In general, exports saw a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year.
Export of Cereals; Millet, Seed in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | N/A | N/A | 1.4 | 2.8 | 100.0% |
Hong Kong SAR | 4.9 | 11.9 | 9.1 | N/A | 36.3% |
China | 1.1 | N/A | N/A | N/A | 0% |
United Kingdom | 24.5 | 29.7 | 40.4 | N/A | 28.4% |
Others | 6.7 | 3.1 | 2.6 | N/A | -37.7% |
Total | 37.2 | 44.6 | 53.5 | 2.8 | -57.8% |
Top Export Markets for Cereals; Millet, Seed from Nepal in 2022:
- Canada (2.1 tons)
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