Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal - 2022

Contents:

  1. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal (FOB) - 2022
  2. Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal (CIF) - 2022
  3. Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal
  4. Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,592 per ton, which is down by -6.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 35%. Over the period under review, the average export prices hit record highs at $1,827 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($1,766 per ton) and the United States ($1,645 per ton), while the average price for exports to the UK ($1,214 per ton) and Italy ($1,639 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal (CIF) - 2022

The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $1,229 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 77% against the previous year. The import price peaked at $1,244 per ton in 2021, and then dropped slightly in the following year.

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 +11.3% per year.

Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal

In 2022, overseas shipments of cereal grains; rolled or flaked, of cereals excluding barley and oatses decreased by -18.4% to 70 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year.

In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses reduced markedly to $111K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year.

Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States59.182.410670.25.9%
Australia6.020.88.617.944.0%
United Kingdom30.632.129.815.2-20.8%
ItalyN/AN/AN/A6.10%
Others0.10.10.91.8162.1%
Total95.81351461115.0%

Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Nepal in 2022:

  1. United States (42.7 tons)
  2. United Kingdom (12.6 tons)
  3. Australia (10.1 tons)
  4. Italy (3.7 tons)

Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal

In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Nepal declined notably to 918 kg, waning by -22.1% on 2021. In general, imports recorded a precipitous shrinkage.

In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses declined rapidly to $1.1K in 2022. Over the period under review, imports faced a dramatic slump.

Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.31.91.51.1-36.5%
OthersN/AN/AN/AN/A0%
Total4.31.91.51.1-36.5%

Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Nepal in 2022:

  1. India (918.0 kg)

Source: IndexBox Market Intelligence Platform

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