Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal - 2022

Contents:

  1. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal (CIF) - 2022
  2. Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal (FOB) - 2022
  3. Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal
  4. Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal (CIF) - 2022

The average import price for seeds, fruit and spores; of a kind used for sowing stood at $6,977 per ton in 2022, with an increase of 16% against the previous year. In general, the import price, however, showed a slight downturn. The import price peaked at $9,064 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($29,274 per ton), while the price for India ($3,107 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal (FOB) - 2022

In 2022, the average export price for seeds, fruit and spores; of a kind used for sowing amounted to $19,621 per ton, waning by -7.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 65%. As a result, the export price reached the peak level of $25,514 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +35.5% per year.

Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal

In 2022, supplies from abroad of seeds, fruit and spores; of a kind used for sowing decreased by -19% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year.

In value terms, imports of seeds, fruit and spores; of a kind used for sowing declined to $7.5M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $7.9M, and then declined in the following year.

Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.93.13.22.611.0%
China0.90.71.21.415.9%
Thailand0.40.50.50.720.5%
Italy0.10.10.20.226.0%
Others2.01.82.72.57.7%
Total5.26.37.97.513.0%

Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Nepal in 2022:

  1. India (852.1 tons)
  2. China (130.3 tons)
  3. Italy (36.4 tons)
  4. Thailand (23.4 tons)

Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal

After three years of growth, shipments abroad of seeds, fruit and spores; of a kind used for sowing decreased by -54.2% to 3.3 tons in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 275%.

In value terms, exports of seeds, fruit and spores; of a kind used for sowing declined remarkably to $64K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 517%. As a result, the exports reached the peak of $179K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan17.196.285.452.445.2%
China1.46.38.1N/A140.5%
Bangladesh2.39.511.3N/A121.7%
Netherlands1.746.216.7N/A213.4%
Others6.621.329.011.620.7%
Total29.117915164.030.0%

Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Nepal in 2022:

  1. Japan (3.2 tons)

Source: IndexBox Market Intelligence Platform

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