Price for Seed; Fescue, of A Kind Used for Sowing in Nepal - 2022

Contents:

  1. Price for Seed; Fescue, of A Kind Used for Sowing in Nepal (CIF) - 2022
  2. Imports of Seed; Fescue, of A Kind Used for Sowing in Nepal

Price for Seed; Fescue, of A Kind Used for Sowing in Nepal (CIF) - 2022

In 2022, the average import price for seed; fescue, of a kind used for sowings amounted to $288 per ton, with a decrease of -14.3% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 25%. The import price peaked at $1,509 per ton in 2012; however, from 2013 to 2022, 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 -15.3% per year.

Imports of Seed; Fescue, of A Kind Used for Sowing in Nepal

For the fourth consecutive year, Nepal recorded growth in purchases abroad of seed; fescue, of a kind used for sowings, which increased by 7.8% to 125 kg in 2022. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.4%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of seed; fescue, of a kind used for sowings contracted to $36 in 2022. In general, imports, however, continue to indicate a drastic downturn. The smallest decline of -6.7% was in 2020.

Import of Seed; Fescue, of A Kind Used for Sowing in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2.042.039.036.0162.1%
Others43.0N/AN/AN/A0%
Total45.042.039.036.0-7.2%

Top Suppliers of Seed; Fescue, of A Kind Used for Sowing to Nepal in 2022:

  1. India (125.0 kg)

Source: IndexBox Market Intelligence Platform

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