Price for Cereal Flours; Other than of Wheat or Meslin in Nepal - 2022
Contents:
- Price for Cereal Flours; Other than of Wheat or Meslin in Nepal (CIF) - 2022
- Price for Cereal Flours; Other than of Wheat or Meslin in Nepal (FOB) - 2022
- Imports of Cereal Flours; Other than of Wheat or Meslin in Nepal
- Exports of Cereal Flours; Other than of Wheat or Meslin in Nepal
Price for Cereal Flours; Other than of Wheat or Meslin in Nepal (CIF) - 2022
In 2022, the average import price for cereal flours; other than of wheat or meslin amounted to $383 per ton, increasing by 6.4% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the average import price increased by 39% against the previous year. As a result, import price reached the peak level of $512 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 +3.8% per year.
Price for Cereal Flours; Other than of Wheat or Meslin in Nepal (FOB) - 2022
The average export price for cereal flours; other than of wheat or meslin stood at $2,762 per ton in 2022, with an increase of 67% against the previous year. In general, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($3,442 per ton), while the average price for exports to Hong Kong SAR ($906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Flours; Other than of Wheat or Meslin in Nepal
In 2022, approx. 832 tons of cereal flours; other than of wheat or meslin were imported into Nepal; with an increase of 87% on the previous year. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 203% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of cereal flours; other than of wheat or meslin skyrocketed to $319K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 189%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Cereal Flours; Other than of Wheat or Meslin in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 73.6 | 50.9 | 156 | 315 | 62.4% |
Others | 5.6 | 4.4 | 4.5 | 3.4 | -15.3% |
Total | 79.2 | 55.4 | 160 | 319 | 59.1% |
Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Nepal in 2022:
- India (825.5 tons)
Exports of Cereal Flours; Other than of Wheat or Meslin in Nepal
In 2022, overseas shipments of cereal flours; other than of wheat or meslin decreased by -76% to 17 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 90%. As a result, the exports reached the peak of 72 tons, and then fell rapidly in the following year.
In value terms, exports of cereal flours; other than of wheat or meslin declined markedly to $48K in 2022. Overall, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 99%.
Export of Cereal Flours; Other than of Wheat or Meslin in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 2.1 | 4.2 | 5.6 | 38.5 | 163.7% |
Canada | 0.4 | 1.3 | 9.4 | 6.3 | 150.7% |
Hong Kong SAR | 2.0 | 0.5 | 1.5 | 1.6 | -7.2% |
Japan | 3.3 | 3.5 | 3.0 | 1.1 | -30.7% |
United States | 5.3 | 22.2 | 27.4 | 0.3 | -61.6% |
China | 12.9 | 19.8 | 32.5 | N/A | 58.7% |
United Kingdom | 4.2 | 7.9 | 25.9 | N/A | 148.3% |
Italy | N/A | N/A | 11.6 | N/A | 0% |
Others | 1.3 | 3.4 | 2.6 | N/A | 41.4% |
Total | 31.6 | 62.8 | 120 | 47.8 | 14.8% |
Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Nepal in 2022:
- Australia (11.2 tons)
- Canada (3.0 tons)
- Hong Kong SAR (1.8 tons)
- Japan (1.0 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the cereal flour market in Nepal.
This report provides an in-depth analysis of the non-wheat flour market in Nepal.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
This report provides an in-depth analysis of the cereal flour market in Nepal.
This report provides an in-depth analysis of the non-wheat flour market in Nepal.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.