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

Contents:

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

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

The average import price for seed; sugar beet seed, of a kind used for sowing stood at $14,808 per ton in 2022, waning by -7.8% against the previous year. In general, the import price faced a abrupt slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 2%. Over the period under review, average import prices attained the maximum at $63,518 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 -13.5% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of seed; sugar beet seed, of a kind used for sowing, when their volume decreased by -32.7% to 3.3 tons. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 305% against the previous year.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing plummeted to $48K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 198%. As a result, imports attained the peak of $78K, and then shrank significantly in the following year.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India11.926.177.948.359.5%
Others3.6N/AN/AN/A0%
Total15.526.177.948.346.1%

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

  1. India (3.3 tons)

Source: IndexBox Market Intelligence Platform

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