Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Nepal - 2022

Contents:

  1. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Nepal (CIF) - 2022
  2. Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Nepal

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Nepal (CIF) - 2022

The average import price for flour and meal; of sago, roots or tubers of heading no. 0714 stood at $22,400 per ton in 2022, with an increase of 2,744% against the previous year. In general, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 +42.1% per year.

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Nepal

For the third year in a row, Nepal recorded decline in overseas purchases of flour and meal; of sago, roots or tubers of heading no. 0714, which decreased by -95.8% to 10 kg in 2022. In general, imports recorded a precipitous contraction. The smallest decline of -83.6% was in 2020.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $224 in 2022. Over the period under review, imports showed a sharp reduction.

Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India33.66.1N/A0.2-81.9%
OthersN/AN/A0.2N/A0%
Total33.66.10.20.2-81.9%

Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Nepal in 2022:

  1. India (10.0 kg)

Source: IndexBox Market Intelligence Platform

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