Nepal: Market for Broad Beans And Horse Beans (Dry) 2025

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

In 2022, the Nepalese market for broad beans and horse beans (dry) decreased by -0.9% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a relatively flat trend pattern. Broad bean and horse bean consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, broad bean and horse bean production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild decline. The pace of growth was the most pronounced in 2014 with an increase of 3.2%. Broad bean and horse bean production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average broad bean and horse bean yield in Nepal stood at X kg per ha, approximately reflecting 2021 figures. The yield figure increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the yield increased by 15% against the previous year. Over the period under review, the average broad bean and horse bean yield reached the maximum level at X kg per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of broad beans and horse beans (dry) production in Nepal contracted slightly to X ha, approximately mirroring the previous year. Overall, the harvested area showed a pronounced downturn. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 1.7% against the previous year. Over the period under review, the harvested area dedicated to broad bean and horse bean production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Nepal

In 2022, the amount of broad beans and horse beans (dry) exported from Nepal dropped modestly to X tons, stabilizing at 2021. Overall, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, broad bean and horse bean exports declined slightly to $X in 2022. Over the period under review, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2012 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 12% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

India (X tons) was the main destination for broad bean and horse bean exports from Nepal, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to +6.0%.

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

From 2012 to 2022, the average annual growth rate of value to India stood at +5.3%.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per ton in 2022, flattening at the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 29%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, 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 -0.6% per year.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Nepal

After two years of growth, supplies from abroad of broad beans and horse beans (dry) decreased by -17.5% to X tons in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 528% against the previous year. Imports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, broad bean and horse bean imports contracted markedly to $X in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 when imports increased by 530% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, Australia (X tons) was the main broad bean and horse bean supplier to Nepal, accounting for a 98% share of total imports. It was followed by India (X tons), with a 1.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia totaled +22.9%.

In value terms, Australia ($X) constituted the largest supplier of broad beans and horse beans (dry) to Nepal, comprising 98% of total imports. The second position in the ranking was held by India ($X), with a 2.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Australia amounted to +26.2%.

Import Prices by Country

In 2022, the average import price for broad beans and horse beans (dry) amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2019 an increase of 12%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform