Nepal: Pulses Market 2024

Pulses Market Size in Nepal

In 2022, the Nepalese pulses market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, the total consumption indicated a resilient increase 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 decreased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Pulses Production in Nepal

In value terms, pulses production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of pulses in Nepal stood at X tons per ha in 2022, standing approx. at 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. Over the period under review, the average pulses yield reached the maximum level at X tons 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, approx. X ha of pulses were harvested in Nepal; approximately mirroring the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to pulses production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Pulses Exports

Exports from Nepal

In 2022, the amount of pulses exported from Nepal shrank notably to X tons, reducing by X% on the year before. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pulses exports contracted rapidly to $X in 2022. Over the period under review, exports saw a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for pulses exports from Nepal, with a X% share of total exports. Moreover, pulses exports to Bangladesh exceeded the volume sent to the second major destination, Singapore (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and India (X% per year).

In value terms, Bangladesh ($X) remains the key foreign market for pulses exports from Nepal, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average pulses export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to India ($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 Singapore (X%), while the prices for the other major destinations experienced a decline.

Pulses Imports

Imports into Nepal

In 2022, purchases abroad of pulses decreased by X% to X tons, falling for the second consecutive year after five years of growth. Overall, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, pulses imports dropped markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of pulses to Nepal, accounting for a X% share of total imports. Moreover, pulses imports from Australia exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Tanzania (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Australia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Tanzania (X% per year).

In value terms, Australia ($X) constituted the largest supplier of pulses to Nepal, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Tanzania, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Tanzania (X% per year).

Import Prices by Country

The average pulses import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($X per ton) and Myanmar ($X per ton), while the price for Tanzania ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform