Price for Cereal Flour; of Maize (Corn) in Nepal - 2022
Contents:
- Price for Cereal Flour; of Maize (Corn) in Nepal (CIF) - 2022
- Price for Cereal Flour; of Maize (Corn) in Nepal (FOB) - 2022
- Imports of Cereal Flour; of Maize (Corn) in Nepal
- Exports of Cereal Flour; of Maize (Corn) in Nepal
Price for Cereal Flour; of Maize (Corn) in Nepal (CIF) - 2022
The average import price for cereal flour; of maize (corn) stood at $387 per ton in 2022, rising by 15% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 27% against the previous year. As a result, import price attained the peak level of $522 per ton. From 2018 to 2022, the average import prices remained 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 +0.4% per year.
Price for Cereal Flour; of Maize (Corn) in Nepal (FOB) - 2022
The average export price for cereal flour; of maize (corn) stood at $56,000 per ton in 2022, with an increase of 4,326% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.9% per year.
Imports of Cereal Flour; of Maize (Corn) in Nepal
For the fourth year in a row, Nepal recorded growth in overseas purchases of cereal flour; of maize (corn), which increased by 58% to 650 tons in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 608%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, cereal flour; of maize (corn) imports skyrocketed to $252K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 602%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cereal Flour; of Maize (Corn) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 15.4 | 19.7 | 138 | 251 | 153.5% |
| Others | 0.1 | 0.1 | 0.3 | 0.7 | 91.3% |
| Total | 15.5 | 19.8 | 139 | 252 | 153.3% |
Top Suppliers of Cereal Flour; of Maize (Corn) to Nepal in 2022:
- India (649.3 tons)
Exports of Cereal Flour; of Maize (Corn) in Nepal
In 2022, the amount of cereal flour; of maize (corn) exported from Nepal shrank rapidly to 1 kg, reducing by 99.9% against 2021. Over the period under review, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 39%.
In value terms, cereal flour; of maize (corn) exports dropped dramatically to $56 in 2022. In general, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 91%.
| Export of Cereal Flour; of Maize (Corn) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 0.1 | 0% |
| Japan | N/A | 1.2 | N/A | N/A | 0% |
| United Kingdom | 4.1 | 0.7 | 3.4 | N/A | -8.9% |
| Portugal | N/A | 0.2 | N/A | N/A | 0% |
| United States | 2.5 | 1.2 | 2.7 | N/A | 3.9% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 6.6 | 3.3 | 6.3 | 0.1 | -75.3% |
Top Export Markets for Cereal Flour; of Maize (Corn) from Nepal in 2022:
- Australia (1.0 kg)
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This report provides an in-depth analysis of the cereal flour market in Nepal.
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This report provides an in-depth analysis of the cereal flour market in Nepal.
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This report provides an in-depth analysis of the non-wheat flour market in Nepal.
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This report provides an in-depth analysis of the global cereal flour market.
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This report provides an in-depth analysis of the global non-wheat flour market.
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