Nepal: Chick Peas Market 2024

Chick Peas Market Size in Nepal

The Nepalese chick peas market amounted to $X in 2023, remaining relatively unchanged against the previous year. Overall, consumption enjoyed a prominent expansion. Chick peas consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Chick Peas Production in Nepal

In value terms, chick peas production expanded slightly to $X in 2023 estimated in export price. Over the period under review, production, however, saw resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Chick peas production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

In 2023, the average yield of chick peas in Nepal reduced to X tons per ha, almost unchanged from 2022. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. Over the period under review, the average chick peas yield attained the maximum level at X tons per ha in 2018; afterwards, it flattened through to 2023. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The chick peas harvested area in Nepal fell slightly to X ha in 2023, reducing by X% on the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then reduced slightly in the following year.

Chick Peas Exports

Exports from Nepal

In 2023, overseas shipments of chick peas increased by X% to X tons for the first time since 2014, thus ending a eight-year declining trend. Overall, exports, however, saw a deep reduction. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, chick peas exports skyrocketed to $X in 2023. In general, exports, however, saw a abrupt contraction. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for chick peas exports from Nepal, with a X% share of total exports. Moreover, chick peas exports to India exceeded the volume sent to the second major destination, Australia (X kg), fourfold. The third position in this ranking was held by the UK (X kg), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and the UK (X% per year).

In value terms, the largest markets for chick peas exported from Nepal were India ($X), Australia ($X) and the UK ($X), with a combined X% share of total exports.

Among the main countries of destination, the UK, 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 mixed trend patterns.

Export Prices by Country

In 2023, the average chick peas export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, chick peas export price decreased by X% against 2021 indices. The export price peaked at $X per ton in 2021; afterwards, it flattened through to 2023.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chick Peas Imports

Imports into Nepal

Chick peas imports into Nepal amounted to X tons in 2023, with an increase of X% against 2022 figures. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, chick peas imports expanded slightly to $X in 2023. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Australia (X tons) constituted the largest chick peas supplier to Nepal, accounting for a X% share of total imports. Moreover, chick peas imports from Australia exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold. The third position in this ranking was held by Myanmar (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Australia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Myanmar (X% per year).

In value terms, Australia ($X) constituted the largest supplier of chick peas to Nepal, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Myanmar, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Myanmar (X% per year).

Import Prices by Country

The average chick peas import price stood at $X per ton in 2023, reducing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform