Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal - 2022

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $462 per ton in 2022, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2020 an increase of 20%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 +2.8% per year.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $1,845 per ton, surging by 62% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 148%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +5.4% per year.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal

In 2022, purchases abroad of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) decreased by -10.9% to 370 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 225%. As a result, imports attained the peak of 460 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) declined slightly to $171K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 291%. As a result, imports attained the peak of $172K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India44.016617117157.2%
OthersN/A5.5N/AN/A0%
Total44.017217117157.2%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Nepal in 2022:

  1. India (369.5 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) exported from Nepal surged to 980 kg, increasing by 2,622% compared with 2021. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $1.8K in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Nepal (USD)
COUNTRY20212022CAGR,
2021-2022
MaltaN/A9040%
Australia39.0N/A0%
Others2.090445100.0%
Total41.01,8084309.8%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Nepal in 2022:

  1. Malta (490.0 kg)

Source: IndexBox Market Intelligence Platform

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