Price for Cereals; Barley, Other than Seed in Nepal - 2022
Contents:
- Price for Cereals; Barley, Other than Seed in Nepal (CIF) - 2022
- Imports of Cereals; Barley, Other than Seed in Nepal
Price for Cereals; Barley, Other than Seed in Nepal (CIF) - 2022
The average import price for cereals; barley, other than seeds stood at $353 per ton in 2022, growing by 7.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 24% against the previous year. The import price peaked at $398 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($521 per ton), while the price for India amounted to $340 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.6%).
Imports of Cereals; Barley, Other than Seed in Nepal
In 2022, approx. 583 tons of cereals; barley, other than seeds were imported into Nepal; declining by -41.5% on the previous year. Overall, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 106% against the previous year. As a result, imports attained the peak of 996 tons, and then fell markedly in the following year.
In value terms, cereals; barley, other than seed imports declined remarkably to $206K in 2022. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 142% against the previous year. As a result, imports reached the peak of $328K, and then declined remarkably in the following year.
| Import of Cereals; Barley, Other than Seed in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 49.5 | 57.7 | 140 | 91.9 | 22.9% |
| Australia | 14.1 | 20.4 | 24.4 | 21.9 | 15.8% |
| Russia | 53.8 | N/A | N/A | N/A | 0% |
| Others | 49.5 | 57.7 | 164 | 92.0 | 22.9% |
| Total | 167 | 136 | 328 | 206 | 7.2% |
Top Suppliers of Cereals; Barley, Other than Seed to Nepal in 2022:
- India (270.5 tons)
- Australia (42.0 tons)
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