Nepal: Coconut Market 2025

Coconut Market Size in Nepal

The Nepalese coconut market fell dramatically to $X in 2022, which is down by -16.3% against the previous year. In general, consumption, however, posted resilient growth. As a result, consumption attained the peak level of $X, and then shrank notably in the following year.

Coconut Production in Nepal

In value terms, coconut production totaled $X in 2022 estimated in export price. In general, production recorded a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 82%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of coconuts in Nepal reduced dramatically to X tons per ha, which is down by -46.8% against 2021. Over the period under review, the yield, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when the yield increased by 1,455% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then shrank significantly 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 coconut harvested area in Nepal totaled X ha in 2022, approximately equating 2021. In general, the total harvested area indicated a noticeable expansion from 2012 to 2022: its figure increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut harvested area increased by +1.6% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 48% against the previous year. Over the period under review, the harvested area dedicated to coconut production attained the peak figure at X ha in 2016; however, from 2017 to 2022, the harvested area remained at a lower figure.

Coconut Exports

Exports from Nepal

For the fifth consecutive year, Nepal recorded decline in overseas shipments of coconuts, which decreased by 0% to X kg in 2021. In general, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of 550%. As a result, the exports reached the peak of X kg. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, coconut exports stood at $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 506% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for coconut exports from Nepal, with a 92% share of total exports. Moreover, coconut exports to China exceeded the volume sent to the second major destination, Japan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at -4.8%.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled -7.8%.

Export Prices by Country

The average coconut export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 116%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-3.2%).

Coconut Imports

Imports into Nepal

In 2022, the amount of coconuts imported into Nepal skyrocketed to X tons, with an increase of 24% on 2021 figures. Overall, imports posted prominent growth. The growth pace was the most rapid in 2018 when imports increased by 121% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, coconut imports reduced to $X in 2022. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 197% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, India (X tons) was the main coconut supplier to Nepal, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +15.1%.

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

From 2012 to 2022, the average annual growth rate of value from India amounted to +9.2%.

Import Prices by Country

In 2022, the average coconut import price amounted to $X per ton, waning by -20.3% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 -5.1% per year.

Source: IndexBox Platform