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Nepal - Taro - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNepal: Taro (Cocoyam) Market 2024
Taro (Cocoyam) Market Size in Nepal
The Nepalese taro (cocoyam) market skyrocketed to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, saw a significant decrease. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.
Taro (Cocoyam) Production in Nepal
In value terms, taro (cocoyam) production rose remarkably to $X in 2023 estimated in export price. In general, production showed significant growth. Over the period under review, (cocoyam) production hit record highs at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
The average yield of taro in Nepal amounted to less than X kg per ha in 2023, approximately equating the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The taro (cocoyam) harvested area in Nepal was estimated at less than X ha in 2023, approximately mirroring 2022 figures. In general, the harvested area showed a relatively flat trend pattern.
Taro (Cocoyam) Exports
Exports from Nepal
In 2023, overseas shipments of taro decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then declined markedly in the following year.
In value terms, taro (cocoyam) exports dropped rapidly to $X in 2023. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.
Exports by Country
The United States (X tons) was the main destination for taro (cocoyam) exports from Nepal, accounting for a approx. X% share of total exports.
From 2021 to 2023, the average annual rate of growth in terms of volume to the United States stood at X%.
In value terms, the United States ($X) also remains the key foreign market for taro exports from Nepal.
From 2021 to 2023, the average annual rate of growth in terms of value to the United States amounted to X%.
Export Prices by Country
The average taro (cocoyam) export price stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, showed a abrupt setback. Over the period under review, the average export prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2021 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.
Taro (Cocoyam) Imports
Imports into Nepal
In 2021, approx. X tons of taro were imported into Nepal; leveling off at 2020. Over the period under review, imports posted significant growth. The smallest decline of X% was in 2020. Imports peaked in 2021 and are likely to see steady growth in years to come.
In value terms, taro (cocoyam) imports stood at $X in 2021. In general, imports saw a significant expansion. The smallest decline of X% was in 2020. Over the period under review, (cocoyam) imports attained the peak figure in 2021 and are likely to continue growth in years to come.
Imports by Country
In 2021, India (X tons) was the main taro (cocoyam) supplier to Nepal, with a approx. X% share of total imports.
From 2019 to 2021, the average annual rate of growth in terms of volume from India amounted to X%.
In value terms, India ($X) constituted the largest supplier of taro to Nepal.
From 2019 to 2021, the average annual growth rate of value from India stood at X%.
Import Prices by Country
In 2021, the average taro (cocoyam) import price amounted to $X per ton, remaining constant against the previous year. In general, the import price saw significant growth. The most prominent rate of growth was recorded in 2020 when the average import price decreased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2019 to 2021, the rate of growth in terms of prices for India amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the taro (cocoyam) market in Nepal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 136 - Taro (Cocoyam)
Country coverage:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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