What is the price of beef per kilogram/pound in Nepal today?
The retail price range for Nepal beef is between US$ 3.02 and US$ 5.35 per kilogram or between US$ 1.37 and US$ 2.43 per pound(lb). Click here to see today's exact prices of beef in Nepal
The retail price range in Nepalese Rupee for beef is between NPR 400.80 and NPR 709.40 per kilogram or between NPR 181.77 and NPR 321.72 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal beef is between US$ 2.12 and US$ 3.74 per kilogram or between US$ 0.96 and US$ 1.70 per pound(lb).
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Nepal Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from Nepal over the last five years has seen a steady decline. In 2017, the export price was 1.06 US $ per kg, which dropped to 0.76 US $ per kg in 2018. This downward trend continued in 2019, with the export price dropping to 0.61 US $ per kg. The lowest export price was recorded in 2020, at 0.39 US $ per kg. However, the export price has seen a slight increase in 2021, with the price being 0.55 US $ per kg. Based on this trend, it is predicted that the export price of Beef from Nepal in 2023 will be around 0.45 US $ per kg, and in 2024 it will be around 0.35 US $ per kg.The beef exports from Nepal are classified as:
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine tongues (HS code 020621)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen edible bovine livers (HS code 020622)
- Fresh or chilled bovine meat, boneless (HS code 020130)
Nepal Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Nepal over the last five years has seen a steady decline. In 2012, the price was 1.38 US dollars per kg, and by 2021, it had dropped to 0.55 US dollars per kg. This represents a decrease of 60.2% over the period. In 2014, the price was at its lowest point of 0.86 US dollars per kg, before increasing slightly in 2015 and 2016 to 0.94 and 0.91 US dollars per kg respectively. In 2017, the price rose to 1.06 US dollars per kg, before dropping again in 2018 to 0.76 US dollars per kg. The price then continued to decline, reaching 0.61 US dollars per kg in 2019 and 0.39 US dollars per kg in 2020. In 2021, the price rose slightly to 0.55 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Beef into Nepal will continue to decrease in the coming years, and we can predict that the price in 2023 will be around 0.45 US dollars per kg, and in 2024, it will be around 0.35 US dollars per kg.Export values for Nepal beef
The total values in export for beef in Nepal were US$ 3,369, US$ 4,667, US$ 2,693 and US$ 917 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Nepal: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Asia: Kazakhstan beef, Kyrgyzstan beef, Tajikistan beef, Turkmenistan beef, Uzbekistan beef, China beef, Hong Kong beef, Macao beef, North Korea beef & Mongolia beef.
Nepal beef - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal shipped 1,513 tonnes of beef. In 2019 alone, the demand for Nepal beef (meat category) has reduced, with a change of -57.09 % compared to the year 2018. Between 2017 and 2019, beef's exports decreased by -65.74 pc netting the country US$0.92m for the year 2019. Nepal's beef exports are categorised as:
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen edible bovine livers (HS code 020622)
- Frozen edible bovine tongues (HS code 020621)
- Frozen, boneless meat of bovine animals (HS code 020230)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
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Nepal beef export values
In 2019, Nepal exported beef worth 0.92m USD, a contraction of -65.84% from 2018's total beef export of 2.693m USD. The annual change in value of Nepal beef between 2017 to 2018 was -42.297%.
The annual change in the amount of Nepal's beef exports between 2017 and 2019 was -65.74 per cent when compared to a variation of -57.09% in the growth rate between 2018 and 2019.
Export markets for Nepal beef ( in '000$ )
Nepal's leading destinations for beef are Venezuela, Saint Lucia, India, Bhutan and Vietnam.
Nepal purchased 152 tonnes of beef in 2019.