Nepal: Market for Broad Beans And Horse Beans (Dry) 2024

Market Size for Broad Beans And Horse Beans (Dry) in Nepal

The Nepalese market for broad beans and horse beans (dry) reached $X in 2023, remaining constant against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Broad Beans And Horse Beans (Dry) in Nepal

In value terms, broad bean and horse bean production reached $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

In 2023, the average yield of broad beans and horse beans (dry) in Nepal totaled X kg per ha, flattening at the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the average broad bean and horse bean yield attained the peak level at X kg per ha in 2014; however, from 2015 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of broad beans and horse beans (dry) were harvested in Nepal; remaining constant against the previous year. In general, the harvested area recorded a perceptible setback. The growth pace was the most rapid in 2019 when the harvested area increased by X%. The broad bean and horse bean harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Nepal

In 2023, overseas shipments of broad beans and horse beans (dry) were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, broad bean and horse bean exports stood at $X in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for broad bean and horse bean exports from Nepal, with a approx. X% share of total exports.

From 2012 to 2023, the average annual growth rate of volume to India was relatively modest.

In value terms, India ($X) emerged as the key foreign market for broad beans and horse beans (dry) exports from Nepal.

From 2012 to 2023, the average annual growth rate of value to India was relatively modest.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then dropped significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Nepal

Broad bean and horse bean imports into Nepal soared to X tons in 2023, picking up by X% on the previous year's figure. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, broad bean and horse bean imports soared to $X in 2023. Overall, imports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Australia (X tons) constituted the largest supplier of broad bean and horse bean to Nepal, with a X% share of total imports. Moreover, broad bean and horse bean imports from Australia exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2012 to 2023, the average annual rate of growth in terms of volume from Australia stood at X%.

In value terms, Australia ($X) constituted the largest supplier of broad beans and horse beans (dry) to Nepal, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from Australia totaled X%.

Import Prices by Country

The average import price for broad beans and horse beans (dry) stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for India amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform