Goats; Live Price in Nepal - 2022

Contents:

  1. Goats; Live Price in Nepal (CIF) - 2022
  2. Goats; Live Price in Nepal (FOB) - 2022
  3. Goats; Live Imports in Nepal
  4. Goats; Live Exports in Nepal

Goats; Live Price in Nepal (CIF) - 2022

The average goats; live import price stood at $71 per unit in 2022, shrinking by -3.1% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The growth pace was the most rapid in 2017 an increase of 25%. Over the period under review, average import prices hit record highs at $73 per unit in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($196 per unit), while the price for India stood at $55 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.9%).

Goats; Live Price in Nepal (FOB) - 2022

The average goats; live export price stood at $26 per unit in 2022, picking up by 17% against the previous year. In general, the export price enjoyed resilient growth. The growth pace was the most rapid in 2014 an increase of 19%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 +12.6% per year.

Goats; Live Imports in Nepal

For the third year in a row, Nepal recorded decline in supplies from abroad of goats; lives, which decreased by -81.3% to 10K units in 2022. In general, imports recorded a significant contraction. The smallest decline of -16.1% was in 2020. Imports peaked at 80K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, goats; live imports fell notably to $721K in 2022. Over the period under review, imports showed a dramatic curtailment. The smallest decline of -12.9% was in 2020. Over the period under review, imports attained the maximum at $5.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Goats; Live in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.84.43.80.5-52.9%
China0.20.1N/A0.1-20.6%
Others0.40.10.10.1-37.0%
Total5.44.74.00.7-49.4%

Top Suppliers of Goats; Live to Nepal in 2022:

  1. India (9.6K units)
  2. China (0.4K units)

Goats; Live Exports in Nepal

In 2022, approx. 336 units of goats; lives were exported from Nepal; dropping by -9.2% against the year before. In general, exports continue to indicate a abrupt descent. The smallest decline of -8.9% was in 2021. The exports peaked at 447 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, goats; live exports expanded rapidly to $8.8K in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Goats; Live in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.47.88.38.85.9%
OthersN/AN/AN/AN/A0%
Total7.47.88.38.85.9%

Top Export Markets for Goats; Live from Nepal in 2022:

  1. India (336.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Goats; live - Nepal