Cereals; Rye, Seed Price in Nepal - 2022

Contents:

  1. Cereals; Rye, Seed Price in Nepal (CIF) - 2022
  2. Cereals; Rye, Seed Imports in Nepal

Cereals; Rye, Seed Price in Nepal (CIF) - 2022

In 2022, the average cereals; rye, seed import price amounted to $1,984 per ton, increasing by 2.5% against the previous year. Over the period under review, the import price posted a significant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 154%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 +45.4% per year.

Cereals; Rye, Seed Imports in Nepal

In 2022, after two years of decline, there was significant growth in purchases abroad of cereals; rye, seeds, when their volume increased by 100% to 62 kg. Over the period under review, imports, however, showed a sharp contraction.

In value terms, cereals; rye, seed imports soared to $123 in 2022. Overall, imports, however, saw a significant decline.

Import of Cereals; Rye, Seed in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India90336430.0123-48.5%
OthersN/AN/A30.0N/A0%
Total90336460.0123-48.5%

Top Suppliers of Cereals; Rye, Seed to Nepal in 2022:

  1. India (62.0 kg)

Source: IndexBox Market Intelligence Platform

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