Price for Cereals; Oats, Other than Seed in Nepal - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Nepal (CIF) - 2022
- Imports of Cereals; Oats, Other than Seed in Nepal
Price for Cereals; Oats, Other than Seed in Nepal (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $317 per ton in 2022, with a decrease of -22.2% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $926 per ton. From 2015 to 2022, the average import prices remained at a 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 -5.9% per year.
Imports of Cereals; Oats, Other than Seed in Nepal
In 2022, imports of cereals; oats, other than seeds into Nepal surged to 46 tons, rising by 80% compared with the year before. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 416%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, cereals; oats, other than seed imports skyrocketed to $14K in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 489%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cereals; Oats, Other than Seed in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.9 | 1.8 | 10.3 | 14.5 | 71.0% |
| Others | 1.1 | N/A | N/A | N/A | 0% |
| Total | 4.0 | 1.8 | 10.3 | 14.5 | 53.6% |
Top Suppliers of Cereals; Oats, Other than Seed to Nepal in 2022:
- India (45.5 tons)
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This report provides an in-depth analysis of the oat market in Nepal.
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