Nepal: Cereal Market 2025

Cereal Market Size in Nepal

The Nepalese cereal market declined modestly to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated perceptible 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 remained at a somewhat lower figure.

Cereal Production in Nepal

In value terms, cereal production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. 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 cereals in Nepal fell to X tons per ha, approximately equating 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. The cereal yield peaked at X tons per ha in 2021, and then shrank modestly 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.

The cereal harvested area in Nepal shrank modestly to X ha in 2022, stabilizing at the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the cereal harvested area remained at a somewhat lower figure.

Cereal Exports

Exports from Nepal

For the third consecutive year, Nepal recorded decline in shipments abroad of cereals, which decreased by X% to X tons in 2022. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cereal exports fell markedly to $X in 2022. Over the period under review, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X tons), Australia (X tons) and Hong Kong SAR (X tons) were the main destinations of cereal exports from Nepal, with a combined X% share of total exports. Canada, India and the UK lagged somewhat behind, together accounting for 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) were the largest markets for cereal exported from Nepal worldwide, together accounting for X% of total exports.

Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 cereal export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then reduced sharply 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.

Cereal Imports

Imports into Nepal

After two years of growth, supplies from abroad of cereals decreased by X% to X tons in 2022. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank significantly in the following year.

In value terms, cereal imports contracted rapidly to $X in 2022. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

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

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

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

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

Import Prices by Country

The average cereal import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue 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