Price for Flours and Meals; of Soya Beans in Nepal - 2022

Contents:

1. Price for Flours and Meals; of Soya Beans in Nepal (CIF) - 2022
2. Price for Flours and Meals; of Soya Beans in Nepal (FOB) - 2022
3. Imports of Flours and Meals; of Soya Beans in Nepal
4. Exports of Flours and Meals; of Soya Beans in Nepal

Price for Flours and Meals; of Soya Beans in Nepal (CIF) - 2022

The average import price for flours and meals; of soya beanses stood at $1,131 per ton in 2022, growing by 5% against the previous year. In general, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2017 an increase of 76% against the previous year. 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 the United States amounted to +7.0% per year.

Price for Flours and Meals; of Soya Beans in Nepal (FOB) - 2022

The average export price for flours and meals; of soya beanses stood at $2,278 per ton in 2022, with a decrease of -11% against the previous year. In general, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 12%. The export price peaked at $2,558 per ton in 2021, and then shrank in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($2,551 per ton), while the average price for exports to Australia totaled $1,770 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-0.3%).

Imports of Flours and Meals; of Soya Beans in Nepal

In 2022, approx. 5 tons of flours and meals; of soya beanses were imported into Nepal; falling by -45.2% on the year before. In general, imports continue to indicate a precipitous contraction. The smallest decline of -26.2% was in 2021.

In value terms, imports of flours and meals; of soya beanses contracted markedly to $5.7K in 2022. Overall, imports recorded a dramatic descent. The smallest decline of -3.1% was in 2021.

Top Suppliers of Flours and Meals; of Soya Beans to Nepal in 2022:

1. India (5.0 tons)

Exports of Flours and Meals; of Soya Beans in Nepal

In 2022, approx. 180 kg of flours and meals; of soya beanses were exported from Nepal; picking up by 109% against 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flours and meals; of soya beanses soared to $410 in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flours and Meals; of Soya Beans from Nepal in 2022:

1. Canada (118.0 kg)
2. Australia (61.0 kg)

Source: IndexBox Market Intelligence Platform