What is the price of cardamom per kilogram/pound in Nepal today?
The retail price range for Nepal cardamom is between US$ 24.68 and US$ 32.58 per kilogram or between US$ 11.19 and US$ 14.77 per pound(lb). Click here to see today's exact prices of cardamom in Nepal
The retail price range in Nepalese Rupee for cardamom is between NPR 3,272.89 and NPR 4,320.64 per kilogram or between NPR 1,484.31 and NPR 1,959.47 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal cardamom is between US$ 17.27 and US$ 22.80 per kilogram or between US$ 7.83 and US$ 10.34 per pound(lb).
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Nepal Cardamom Export Prices - Historical, Trends and Prediction
The export price of Cardamom from Nepal over the last five years has been quite volatile. In 2012, the price per kilogram was 7.75 US dollars, which increased to 8.83 US dollars in 2013. The price then rose to 9.33 US dollars in 2014, before peaking at 14.25 US dollars in 2015. Since then, the price has been on a downward trend, dropping to 12.02 US dollars in 2016, 9.29 US dollars in 2017, 8.03 US dollars in 2018, 7.19 US dollars in 2019, and 6.75 US dollars in 2020. The price has since stabilized at 6.92 US dollars in 2021. Based on this trend, it is likely that the price of Cardamom from Nepal will remain around 6.92 US dollars in 2023 and 2024.Nepal Cardamom Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cardamom into Nepal over the last five years has been quite volatile. In 2016, the price was at its highest at $12.02, before dropping to $9.29 in 2017. The price then continued to decline, reaching $8.03 in 2018 and $7.19 in 2019. In 2020, the price dropped to its lowest point of $6.75, before increasing slightly to $6.92 in 2021. Looking ahead, it is likely that the price of Cardamom will remain relatively stable in the next two years. We predict that the price of Cardamom in Nepal will be $6.90 in 2023 and $6.95 in 2024.Export values for Nepal cardamom
The total values in export for cardamom in Nepal were US$ 36,347, US$ 43,338, US$ 37,800 and US$ 44,418 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Nepal: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Anise & Coriander seeds.
See prices of cardamom in other countries across Asia: Kazakhstan cardamom, Kyrgyzstan cardamom, Tajikistan cardamom, Turkmenistan cardamom, Uzbekistan cardamom, China cardamom, Hong Kong cardamom, Macao cardamom, North Korea cardamom & Mongolia cardamom.
Nepal cardamom - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal sold 6,175 tonnes of cardamom. Across 2019 alone, the interest in Nepal cardamom (herbs and spices category) has improved, recording a change of 31.104 percent compared to the year 2018. Between 2017 and 2019, cardamom's exports went up by 32.37 percent earning the country US$44.42m for the year 2019. Nepal's cardamom exports are classified as:
- Cardamoms (HS code 090830)
- Cardamons (HS code 0908Xc)
- Cardamoms, neither crushed nor ground (HS code 090831)
- Cardamoms, crushed or ground (HS code 090832)
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Nepal cardamom export values
In 2019, Nepal supplied cardamom costing 44.42m USD, a growth of 17.51% from 2018's total cardamom export of 37.8m USD. The annual growth in value of Nepal cardamom between 2017 to 2018 was -12.779 per cent.
The yearly change in the volume of Nepal's cardamom exports between 2017 and 2019 was 32.37 pc in comparison to a variation of 31.104% in the period between 2018 and 2019.
Export markets for Nepal cardamom ( in '000$ )
Nepal purchased 459 tonnes of cardamom in 2019.