Price for Cereals; Grain Sorghum, Other than Seed in Nepal - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Nepal (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Nepal (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Nepal
- Exports of Cereals; Grain Sorghum, Other than Seed in Nepal
Price for Cereals; Grain Sorghum, Other than Seed in Nepal (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $408 per ton in 2022, shrinking by -18.4% against the previous year. Overall, the import price, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 98%. The import price peaked at $500 per ton in 2021, and then contracted significantly 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 +3.9% per year.
Price for Cereals; Grain Sorghum, Other than Seed in Nepal (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $239 per ton in 2022, with a decrease of -1.7% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 an increase of 2.8%. Over the period under review, the average export prices attained the peak figure at $383 per ton 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 -4.6% per year.
Imports of Cereals; Grain Sorghum, Other than Seed in Nepal
Imports of cereals; grain sorghum, other than seeds into Nepal reduced dramatically to 928 kg in 2022, waning by -83.9% against 2021 figures. Over the period under review, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 238%. As a result, imports attained the peak of 5.8 tons, and then reduced sharply in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds contracted markedly to $379 in 2022. Overall, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 391% against the previous year. As a result, imports attained the peak of $2.9K, and then shrank remarkably in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.0 | 0.6 | 2.9 | 0.4 | -26.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 0.6 | 2.9 | 0.4 | -26.3% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Nepal in 2022:
- India (928.0 kg)
Exports of Cereals; Grain Sorghum, Other than Seed in Nepal
In 2022, shipments abroad of cereals; grain sorghum, other than seeds was finally on the rise to reach 39 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt shrinkage.
In value terms, exports of cereals; grain sorghum, other than seeds surged to $9.3K in 2022. Overall, exports, however, faced a abrupt decline.
| Export of Cereals; Grain Sorghum, Other than Seed in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.9 | 9.9 | 7.1 | 9.3 | -14.5% |
| Hong Kong SAR | N/A | 1.7 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.9 | 11.6 | 7.1 | 9.3 | -14.5% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Nepal in 2022:
- India (39.1 tons)
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