Wheat and meslin flour and cereals market in Nepal

Earlier Report Observations

The wheat and meslin flour and cereals market in Nepal expanded steadily between 2018 and 2023. Market volume increased from 1.2 million tons to 1.4 million tons, with production following a similar trajectory.

In monetary terms, the market value rose from $651 million to $1.0 billion. This growth in value was more pronounced than the growth in volume.

After a slight decrease in volume in 2022, the market recovered in 2023. Imports and exports played a negligible role throughout the period.

Production wheat and meslin flour and cereals in Nepal

In kind, 2017-2020, K t

Top producers of wheat and meslin flour and cereals, 2017-2020

World map of production of wheat and meslin flour and cereals, 2017-2020

Wheat and meslin flour and cereals production in Nepal has increased for the third consecutive year. In 2020, Nepal produced 1 328 thousand tonnes of these products, marking a 7.1% rise compared to 2019. From 2017 to 2020, production grew by 11.5%, which translates to an average annual growth rate of 3.7%.

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

In value, 2017-2020, M $ US

Wheat and meslin flour and cereals production in Nepal has increased for the third consecutive year. In 2020, the output of these products was valued at 865.0 million US dollars in Nepal, representing a 25.1% year-over-year increase. Between 2017 and 2020, production rose by 39%, equating to an average annual growth rate of 11.6%.

Annual dynamics of production in Nepal in value, 2017-2020, M $ US

Exports wheat and meslin flour and cereals from Nepal

Exports in kind, t

Wheat and meslin flour and cereals exports from Nepal declined for the second consecutive year. In 2020, Nepal exported 695 tonnes of these products, showing a 3.3% decrease compared to the previous year. From 2017 to 2020, exports increased by 20.2%, with an average annual growth rate of 6.3%. The highest export volume was recorded in 2018 at 954 tonnes. The largest decline occurred in 2019, with a drop of 24.7%, while the largest increase was in 2018, at 65.0%.

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

From 2017 to 2020, the main destinations for Nepal's wheat and meslin flour and cereals exports in kind were Germany, accounting for 39.2% of exports, China with 33.8%, and Japan at 20.2%. Together, these three countries represented 93.3% of total export flows.

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

In 2020, Nepal exported 453.0 thousand US dollars worth of wheat and meslin flour and cereals, corresponding to a substantial 13.0% year-over-year increase. Over the period from 2017 to 2020, exports grew by 49.9%, with a compound annual growth rate of 14.5%. The peak value was recorded in 2018 at 510.4 thousand US dollars. The largest decline was in 2019, with a 21.5% decrease, while the largest increase occurred in 2018, at 69.0%.

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

From 2017 to 2020, the principal destinations for Nepal's wheat and meslin flour and cereals exports in value terms were Germany, with 42.2% of exports, China at 25.7%, and Japan with 24.8%. Collectively, these three markets accounted for 92.8% of total export 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 wheat and meslin flour and cereals to Nepal

Imports in kind, t

The market for wheat and meslin flour and cereals imports into Nepal showed significant volatility during this period. Imports reached their lowest point in 2017 and peaked in 2019, with an 11.7-fold difference between these years. In 2020, deliveries to Nepal amounted to 734 tonnes, which is 65.4% lower than the previous year. The maximum import volume was recorded in 2019 at 2 122 tonnes, while the largest increase occurred in 2018, with a surge of 970.5%.

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

From 2017 to 2020, Nepal's imports of wheat and meslin flour and cereals in kind were heavily dependent on India, which accounted for 97.3% of total imports.

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

Market performance for wheat and meslin flour and cereals imports into Nepal exhibited noticeable fluctuations during this period. Imports hit their lowest point in 2017 and peaked in 2019, with a 9-fold gap between these years. In 2020, shipments to Nepal totalled 262.1 thousand US dollars, which is 65.7% lower compared to 2019. The maximum value was recorded in 2019 at 764.3 thousand US dollars, while the largest increase was in 2018, with a rise of 737.4%.

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

From 2017 to 2020, India effectively dominated Nepal's imports of wheat and meslin flour and cereals in value terms, holding a 96.2% share of total flows.

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

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