Nepal: Grain Market 2025

Grain Market Size in Nepal

The Nepalese grain market reduced modestly to $X in 2022, waning by X% against the previous year. Over the period under review, the total consumption indicated measured growth 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 increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Grain Production in Nepal

In value terms, grain production shrank to $X in 2022 estimated in export price. Overall, production, however, showed strong growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of cereal grains in Nepal shrank modestly to X tons per ha, therefore, remained relatively stable against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the average grain yield attained the peak level at X tons per ha in 2021, and then reduced in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of cereal grains were harvested in Nepal; almost unchanged from 2021 figures. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the grain harvested area remained at a somewhat lower figure.

Grain Exports

Exports from Nepal

Grain exports from Nepal reduced sharply to X tons in 2022, shrinking by X% on the previous year. In general, exports showed a significant contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, grain exports fell significantly to $X in 2022. Overall, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Australia (X tons) and Hong Kong SAR (X tons) were the main destinations of grain exports from Nepal, together accounting for X% of total exports. Canada, India and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and Hong Kong SAR ($X) constituted the largest markets for grain exported from Nepal worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Japan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Hong Kong SAR ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Grain Imports

Imports into Nepal

In 2022, overseas purchases of cereal grains decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped markedly in the following year.

In value terms, grain imports shrank dramatically to $X in 2022. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, India (X tons) was the main grain supplier to Nepal, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to X%.

In value terms, India ($X) constituted the largest supplier of cereal grains to Nepal.

From 2012 to 2022, the average annual growth rate of value from India amounted to X%.

Import Prices by Country

The average grain import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 X% per year.

Source: IndexBox Platform