Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal - 2022

Contents:

  1. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal (CIF) - 2022
  2. Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal (FOB) - 2022
  3. Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal
  4. Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal (CIF) - 2022

The average import price for seed; vegetable seed, of a kind used for sowings stood at $6,663 per ton in 2022, almost unchanged from the previous year. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs at $20,548 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($115,824 per ton), while the price for India ($3,032 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal (FOB) - 2022

In 2022, the average export price for seed; vegetable seed, of a kind used for sowings amounted to $8,554 per ton, growing by 124% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2018 an increase of 285%. As a result, the export price reached the peak level of $28,417 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($41,407 per ton), while the average price for exports to Bangladesh totaled $3,186 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+17.1%).

Imports of Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal

Imports of seed; vegetable seed, of a kind used for sowings into Nepal surged to 1K tons in 2022, growing by 35% compared with 2021 figures. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 135% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of seed; vegetable seed, of a kind used for sowings skyrocketed to $6.9M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8671,5091,9652,46741.7%
China4114678481,39750.4%
Thailand17427730456948.4%
Italy79.537.714715524.9%
Others1,2581,1751,8982,34523.1%
Total2,7903,4655,1626,93335.4%

Top Suppliers of Seed; Vegetable Seed, of A Kind Used for Sowing to Nepal in 2022:

  1. India (813.7 tons)
  2. China (129.9 tons)
  3. Italy (46.7 tons)
  4. Thailand (23.2 tons)

Exports of Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal

In 2022, shipments abroad of seed; vegetable seed, of a kind used for sowings decreased by -77.6% to 4.9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a significant expansion.

In value terms, exports of seed; vegetable seed, of a kind used for sowings reduced markedly to $42K in 2022. Overall, exports, however, saw a significant increase.

Export of Seed; Vegetable Seed, of A Kind Used for Sowing in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan6.8N/A12.025.555.4%
Bangladesh3.5N/A8.413.657.2%
JapanN/AN/A63.6N/A0%
Others1.8N/AN/A3.018.6%
Total12.1N/A83.942.051.4%

Top Export Markets for Seed; Vegetable Seed, of A Kind Used for Sowing from Nepal in 2022:

  1. Bangladesh (4.3 tons)
  2. Pakistan (0.6 tons)

Source: IndexBox Market Intelligence Platform

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