Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Nepal - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Nepal (CIF) - 2022
  2. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Nepal

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Nepal (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $1,497 per ton in 2022, stabilizing at the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses increased by +27.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 80% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 +3.0% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Nepal

For the fourth year in a row, Nepal recorded growth in purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses, which increased by 0.5% to 2 tons in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 159% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses stood at $3K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 231% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.70.93.03.062.4%
OthersN/AN/AN/AN/A0%
Total0.70.93.03.062.4%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Nepal in 2022:

  1. India (2.0 tons)

Source: IndexBox Market Intelligence Platform

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