Price for Cereals; Grain Sorghum, Seed in Nepal - 2022
Contents:
- Price for Cereals; Grain Sorghum, Seed in Nepal (CIF) - 2022
- Imports of Cereals; Grain Sorghum, Seed in Nepal
Price for Cereals; Grain Sorghum, Seed in Nepal (CIF) - 2022
In 2022, the average cereals; grain sorghum, seed import price amounted to $852 per ton, picking up by 18% against the previous year. In general, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 79%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 +9.8% per year.
Imports of Cereals; Grain Sorghum, Seed in Nepal
For the third year in a row, Nepal recorded decline in overseas purchases of cereals; grain sorghum, seeds, which decreased by -20% to 128 kg in 2022. Overall, imports continue to indicate a significant curtailment.
In value terms, cereals; grain sorghum, seed imports fell to $109 in 2022. In general, imports showed a abrupt contraction. The smallest decline of -4.7% was in 2020.
| Import of Cereals; Grain Sorghum, Seed in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 119 | 121 | 115 | 109 | -2.9% |
| China | 8.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 127 | 121 | 115 | 109 | -5.0% |
Top Suppliers of Cereals; Grain Sorghum, Seed to Nepal in 2022:
- India (128.0 kg)
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