Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal - 2022

Contents:

  1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal (CIF) - 2022
  2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal (FOB) - 2022
  3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal
  4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal (CIF) - 2022

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $859 per ton in 2022, shrinking by -7.8% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by +11.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 32%. The import price peaked at $949 per ton in 2018; however, from 2019 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 +6.4% per year.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,064 per ton in 2022, leveling off at the previous year. Overall, the export price posted a pronounced increase. The most prominent rate of growth was recorded in 2016 an increase of 48%. Over the period under review, the average export prices attained the maximum at $2,414 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +5.7% per year.

Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal

In 2022, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 into Nepal stood at 146 tons, stabilizing at the year before. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined to $125K in 2022. In general, imports, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13380.7135125-2.0%
Others2.00.10.4N/A-55.3%
Total13580.7135125-2.5%

Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Nepal in 2022:

  1. India (145.7 tons)

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal

For the fourth year in a row, Nepal recorded growth in overseas shipments of flour and meal; of the dried leguminous vegetables of heading no. 0713, which increased by 1,599% to 51 tons in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 skyrocketed to $54K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.21.22.854.2547.1%
OthersN/A0.10.4N/A300.0%
Total0.21.43.254.2547.1%

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Nepal in 2022:

  1. United Kingdom (50.9 tons)

Source: IndexBox Market Intelligence Platform

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