Bovine Animals; Live Price in Nepal - 2022
Contents:
- Bovine Animals; Live Price in Nepal (CIF) - 2022
- Bovine Animals; Live Price in Nepal (FOB) - 2022
- Bovine Animals; Live Imports in Nepal
- Bovine Animals; Live Exports in Nepal
Bovine Animals; Live Price in Nepal (CIF) - 2022
The average bovine animals; live import price stood at $14,728 per unit in 2022, growing by 1,528% against the previous year. In general, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($15,003 per unit), while the price for the United States totaled $10,568 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.0%).
Bovine Animals; Live Price in Nepal (FOB) - 2022
The average bovine animals; live export price stood at $46 per unit in 2022, standing approx. at the previous year. In general, the export price, however, recorded a precipitous descent. Over the period under review, the average export prices hit record highs at $548 per unit in 2012; however, from 2013 to 2022, 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 India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -21.9% per year.
Bovine Animals; Live Imports in Nepal
In 2022, after three years of growth, there was significant decline in supplies from abroad of bovine animals; lives, when their volume decreased by -70.3% to 113 units. Over the period under review, imports, however, posted strong growth. The growth pace was the most rapid in 2020 when imports increased by 142%. Imports peaked at 380 units in 2021, and then reduced sharply in the following year.
In value terms, bovine animals; live imports skyrocketed to $1.7M in 2022. Overall, imports, however, continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 1,590 | 0% |
| United States | N/A | N/A | N/A | 74.0 | 0% |
| India | 71.0 | 156 | 344 | N/A | 120.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 71.0 | 156 | 344 | 1,664 | 186.2% |
Top Suppliers of Bovine Animals; Live to Nepal in 2022:
- South Korea (106.0 units)
- United States (7.0 units)
Bovine Animals; Live Exports in Nepal
In 2022, the amount of bovine animals; lives exported from Nepal contracted rapidly to 2.2K units, waning by -42.6% on the previous year. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 572%. As a result, the exports reached the peak of 3.9K units, and then declined notably in the following year.
In value terms, bovine animals; live exports fell markedly to $104K in 2022. Overall, exports showed a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 565%. As a result, the exports reached the peak of $180K, and then contracted sharply in the following year.
| Export of Bovine Animals; Live in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 109 | 27.1 | 180 | 104 | -1.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 109 | 27.1 | 180 | 104 | -1.6% |
Top Export Markets for Bovine Animals; Live from Nepal in 2022:
- India (2.2K units)
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