Earlier Report Observations
In 2018, Nepal's potato market reached 3 360 thousand tons, with imports of 272 thousand tons. This was facilitated by high production and substantial cold storage stocks in neighboring Indian states like Uttar Pradesh and West Bengal, which increased supply and lowered prices, making imports attractive.
From 2019 to 2023, the market grew steadily, reaching 3 761 thousand tons in 2023. Domestic production increased from 3 088 thousand tons in 2018 to 3 488 thousand tons in 2023, while imports remained significant though fluctuating. The most notable surge occurred in 2021, when the market expanded by 249 thousand tons to 3 657 thousand tons, driven by higher both local output and imports.
In 2024, potato imports declined to 238 thousand tons, likely influenced by weather conditions such as storms and rain in Punjab, India, which caused a 20% reduction in production, along with emerging quality concerns including fake potatoes in the market affecting consumer confidence.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Nepal
- 5.1.1. Annual dynamics of production in Nepal in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Nepal in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Nepal
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Nepal in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Nepal by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Nepal in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Nepal by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Nepal, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Nepal by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Nepal in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Nepal by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Nepal in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Nepal by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Nepal, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Nepal by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from Nepal in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Nepal by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Nepal in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Nepal by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Nepal, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Nepal by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Nepal in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Nepal by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Nepal in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Nepal by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Nepal, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Nepal by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production potato in Nepal
In kind, 2017-2020, K t
From 2017 to 2020, Nepal consistently ranked 24th globally in potato production volume.
Top producers of potato, 2017-2020
World map of production of potato, 2017-2020
Potato production in Nepal grew for the third consecutive year. In 2020, the country produced 3 132 K t of potatoes, marking a slight increase of 0.6% compared to the previous year. Over the period from 2017 to 2020, production rose by 16.4%, which translates to an average annual growth rate of 5.2%.
Annual dynamics of production in Nepal in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 14.8% | 0.8% | 0.6% | 5.2% |
Exports potato from Nepal
Exports in kind, K t
The market exhibited significant volatility during the observed period. Exports reached their lowest point in 2019 at 0.0 K t, reflecting a sharp decline of 94.9% from the previous year. The peak was recorded in 2018 at 0.5 K t, with the largest increase that year amounting to 246.3%. Overall, exports varied by a factor of 20 between the minimum in 2019 and the maximum in 2018.
Annual dynamics of product's exports from Nepal in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 246.3% | (94.9%) | n/a | - |
Between 2017 and 2020, India was the nearly exclusive buyer of potatoes from Nepal, accounting for 99.9% of total exports in volume.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Nepal in kind, 2017-2020
Exports in value, K $ US
Market behavior was characterized by volatility over these years. Exports hit a low in 2019 at 6 K $ US, representing a steep year-over-year decline of 86.6%. The high point was in 2018 at 46 K $ US, with the largest increase that year reaching 154.4%. Overall, exports varied by a factor of 7.4 from the peak in 2018 to the trough in 2019.
Annual dynamics of product's exports from Nepal in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 154.4% | (86.6%) | n/a | - |
From 2017 to 2020, potatoes from Nepal were primarily shipped to India, which absorbed 98.5% of total exports in value terms.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Nepal in value, 2017-2020
Imports potato to Nepal
Imports in kind, K t
After two years of decline, Nepal's potato imports increased. In 2020, imports stood at 276.5 K t, showing a moderate rise of 5.7% from 2019. The lowest level was recorded in 2019 at 261.6 K t, with the largest decline occurring in 2018 at 6.3%. Over the period from 2017 to 2020, imports decreased by 4.9%, equating to an average annual decline of 1.7%.
Annual dynamics of product's imports to Nepal in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.3%) | (4.0%) | 5.7% | (1.7%) |
Between 2017 and 2020, the geographical pattern of imports in volume reflected a strong dependence on India, which accounted for 96.4% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Nepal in kind, 2017-2020
Imports in value, K $ US
Potato shipments to Nepal from abroad grew for the third consecutive year. In 2020, imports reached 59 684 K $ US, indicating a moderate increase of 10.0% compared to the previous year. Over the period from 2017 to 2020, imports rose by 38.6%, which translates to an average annual growth rate of 11.5%.
Annual dynamics of product's imports to Nepal in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 21.1% | 4.1% | 10.0% | 11.5% |
Throughout 2017 to 2020, India remained the dominant and nearly sole destination for potato imports to Nepal in value terms, with a share of 96.7%.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Nepal in value, 2017-2020
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