Raw cane or beet sugar in solid form market in Nepal

Earlier Report Observations

The market for raw cane or beet sugar in solid form in Nepal showed considerable volatility from 2018 to 2023. After reaching a peak of 345 thousand tons in 2018, market volume contracted sharply to 196 thousand tons in 2019. This decline was primarily driven by a steep fall in imports, which dropped from 167 thousand tons to just 16 thousand tons that year.

A recovery followed in 2020 and 2021, with the market expanding to 254 thousand tons and then 282 thousand tons. This growth occurred despite a drop in domestic production, as a significant rebound in import volumes compensated for the lower local output. The trend reversed again from 2022, with the market contracting to 162 thousand tons and then 145 thousand tons in 2023, levels sustained by much lower import activity compared to the 2018-2021 period.

Preliminary data for 2024 indicates an import volume of 37 thousand tons, suggesting a continuation of supply activity at a moderated level compared to earlier years.

Production raw cane or beet sugar in solid form in Nepal

In kind, 2017-2020, K t

Top producers of raw cane or beet sugar in solid form, 2017-2020

World map of production of raw cane or beet sugar in solid form, 2017-2020

Nepal's production of raw cane or beet sugar in solid form declined after two years of growth. In 2019, production reached its peak at 180.0 K t, but then fell sharply in 2020 to 100.0 K t, marking a 44.4% decrease from the previous year. The most significant increase occurred in 2018, with a 42.4% rise. Overall, from 2017 to 2020, production dropped by 20%, translating to an annualized decline of 7.2%.

Annual dynamics of production in Nepal in kind, 2017-2020, K t

Exports raw cane or beet sugar in solid form from Nepal

Exports in kind, K t

Nepal's exports of raw cane or beet sugar in solid form declined for the third year in a row. In 2020, exports totaled 0.0 K t, a sharp 47.9% drop from the previous year. Between 2017 and 2020, exports plummeted by 86.7%, which corresponds to an annualized decrease of 49.0%.

Annual dynamics of product's exports from Nepal in kind, 2017-2020, K t

From 2017 to 2020, China and India were the clear leaders in Nepal's export rankings by volume, together accounting for 100.0% of total exports.

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

The export market in value terms showed significant volatility during this period. In 2018, exports peaked at 19 K $ US, but then fell to a low of 1 K $ US in 2020, representing a 17-fold fluctuation. The largest increase was recorded in 2018 at 86.9%, while the steepest decline occurred in 2019 with a 93.7% drop. In 2020, exports decreased by 7.1% compared to the previous year.

Annual dynamics of product's exports from Nepal in value, 2017-2020, K $ US

Throughout 2017 to 2020, China dominated Nepal's export structure in value terms, holding a 90.8% share of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Nepal in value, 2017-2020

Imports raw cane or beet sugar in solid form to Nepal

Imports in kind, K t

Import volumes of raw cane or beet sugar in solid form into Nepal showed an unstable trend. In 2018, imports reached their highest point at 167.4 K t, but then dropped to a low of 15.7 K t in 2019, creating a 10.6-fold gap. In 2020, imports rebounded sharply to 154.4 K t, an 880.2% increase from the previous year. The largest decline was recorded in 2019 at 90.6%.

Annual dynamics of product's imports to Nepal in kind, 2017-2020, K t

From 2017 to 2020, Nepal's import structure by volume was heavily concentrated, with India and Pakistan together accounting for 87.6% of total imports, while other partners made up the remainder.

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

The import market in value terms was marked by volatility. In 2018, imports peaked at 70 035 K $ US, but then hit a low of 5 976 K $ US in 2019, showing an 11.7-fold gap. In 2020, imports surged to 61 811 K $ US, a sharp 934.4% increase from 2019. The largest decline occurred in 2019 with a 91.5% drop.

Annual dynamics of product's imports to Nepal in value, 2017-2020, K $ US

Between 2017 and 2020, India and Pakistan were the two leading markets for Nepal's imports in value terms, together making up 84.5% of the total, with the rest spread across various other countries.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Nepal in value, 2017-2020