Nepal: Root And Tuber Market 2024

Root And Tuber Market Size in Nepal

The Nepalese root and tuber market amounted to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Root And Tuber Production in Nepal

In value terms, root and tuber production rose rapidly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average root and tuber yield in Nepal reduced modestly to X tons per ha, approximately reflecting the year before. 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 only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the average root and tuber yield reached the peak level 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.

In 2022, the root and tuber harvested area in Nepal declined slightly to X ha, with a decrease of X% compared with the year before. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The root and tuber harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area remained at a lower figure.

Root And Tuber Exports

Exports from Nepal

In 2022, root and tuber exports from Nepal reduced sharply to X tons, waning by X% on 2021. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, root and tuber exports dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

India (X tons) was the main destination for root and tuber exports from Nepal, with a X% share of total exports. Moreover, root and tuber exports to India exceeded the volume sent to the second major destination, the UK (X tons), fivefold. Qatar (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, China ($X), India ($X) and the UK ($X) constituted the largest markets for root and tuber exported from Nepal worldwide, together accounting for X% of total exports.

Among the main countries of destination, China, with a CAGR of X%, saw the highest rates of growth with regard to 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 root and tuber export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped sharply in the following year.

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

Root And Tuber Imports

Imports into Nepal

In 2022, root and tuber imports into Nepal reduced to X tons, which is down by X% on the previous year. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, root and tuber imports fell to $X in 2022. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, India (X tons) was the main root and tuber supplier to Nepal, with a X% share of total imports. Moreover, root and tuber imports from India exceeded the figures recorded by the second-largest supplier, Bangladesh (X tons), more than tenfold.

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

In value terms, India ($X) constituted the largest supplier of roots and tubers to Nepal, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at X%.

Import Prices by Country

In 2022, the average root and tuber import price amounted to $X per ton, waning by X% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price 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, root and tuber import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat 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 Bangladesh amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform