Nepal: Beef Market 2020

Beef Market Size in Nepal

The revenue of the beef market in Nepal amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, beef consumption continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Over the period under review, the beef market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Beef Production in Nepal

In value terms, beef production stood at $X in 2018 estimated in export prices. Overall, beef production continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. Over the period under review, beef production attained its maximum level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Beef Exports

Exports from Nepal

In 2018, the beef exports from Nepal stood at X tons, jumping by X% against the previous year. Overall, the total exports indicated remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, beef exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, beef exports amounted to $X in 2018. Overall, beef exports continue to indicate a slight drop. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, beef exports reached their maximum at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Beef Imports

Imports into Nepal

In 2018, approx. X tons of beef (cattle meat) were imported into Nepal; going up by X% against the previous year. Over the period under review, beef imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. In that year, beef imports reached their peak of X tons. From 2015 to 2018, the growth of beef imports remained at a lower figure.

In value terms, beef imports amounted to $X in 2018. Overall, beef imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, beef imports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

Source: IndexBox Platform