Nepal: Pulses Market 2024

Pulses Market Size in Nepal

In 2022, the Nepalese pulses market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Pulses consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Pulses Production in Nepal

In value terms, pulses production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Pulses production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

In 2022, the average pulses yield in Nepal amounted to X tons per ha, remaining relatively unchanged against 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. Over the period under review, the average pulses yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, 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 2022, the pulses harvested area in Nepal totaled X ha, approximately equating 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pulses production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Pulses Exports

Exports from Nepal

In 2022, the amount of pulses exported from Nepal dropped remarkably to X tons, waning by X% compared with the year before. Overall, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pulses exports fell dramatically to $X in 2022. In general, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for pulses exports from Nepal, accounting for a X% share of total exports. Moreover, pulses exports to Bangladesh exceeded the volume sent to the second major destination, Singapore (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and India (X% per year).

In value terms, Bangladesh ($X) remains the key foreign market for pulses exports from Nepal, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bangladesh stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and India (X% per year).

Export Prices by Country

The average pulses export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced a decline.

Pulses Imports

Imports into Nepal

In 2022, overseas purchases of pulses decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, pulses imports fell markedly to $X in 2022. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell notably in the following year.

Imports by Country

In 2022, Australia (X tons) constituted the largest pulses supplier to Nepal, accounting for a X% share of total imports. Moreover, pulses imports from Australia exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Tanzania (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Tanzania (X% per year).

In value terms, Australia ($X) constituted the largest supplier of pulses to Nepal, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Tanzania, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Tanzania (X% per year).

Import Prices by Country

The average pulses import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($X per ton) and Myanmar ($X per ton), while the price for Tanzania ($X per ton) and Australia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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