What is the price of groat per kilogram/pound in Nepal today?
The retail price range for Nepal groat is between US$ 3.82 and US$ 8.62 per kilogram or between US$ 1.73 and US$ 3.91 per pound(lb). Click here to see today's exact prices of groat in Nepal
The retail price range in Nepalese Rupee for groat is between NPR 507.16 and NPR 1,142.71 per kilogram or between NPR 230.01 and NPR 518.23 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal groat is between US$ 2.68 and US$ 6.03 per kilogram or between US$ 1.21 and US$ 2.74 per pound(lb).
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Nepal Groat Export Prices - Historical, Trends and Prediction
The export price of Groat from Nepal has seen a steady increase over the last five years. In 2016, the price per kilogram was 0.38 US dollars, and by 2020, it had risen to 0.65 US dollars. This represents an increase of 70.5%. Looking ahead, we can expect the price of Groat to continue to rise, with an estimated price of 0.77 US dollars per kilogram in 2023 and 0.90 US dollars per kilogram in 2024.Nepal Groat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groat into Nepal over the last five years has seen a steady increase. In 2016, the price was 0.38 US dollars per kg, followed by 0.44 US dollars per kg in 2017. In 2018, the price rose to 0.63 US dollars per kg and in 2019, it dropped slightly to 0.54 US dollars per kg. However, in 2020, the price rose again to 0.65 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Groat into Nepal will continue to increase in the coming years. We can predict that the price in 2023 will be around 0.75 US dollars per kg and in 2024, it will be around 0.85 US dollars per kg.Export values for Nepal groat
The total values in export for groat in Nepal were US$ 83, US$ 73, US$ 41 and US$ 92 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Nepal: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of groat in other countries across Asia: Kazakhstan groat, Kyrgyzstan groat, Tajikistan groat, Turkmenistan groat, Uzbekistan groat, China groat, Hong Kong groat, Macao groat, North Korea groat & Mongolia groat.
Nepal groat - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal sold 170 tonnes of groat. For 2019 alone, the demand for Nepal groat (processed category) has escalated, with a change of 161.538 per cent compared to the year 2018. Between 2017 and 2019, groat's exports went up by 3.03 pc earning the nation US$0.09m for the year 2019. Nepal's groat exports are classified as:
- Groats and meal of maize "corn" (HS code 110313)
- Groats and meal of oats (HS code 110312)
- Rice groats and meal (HS code 110314)
- Groats and meal of cereals (excluding wheat and maize) (HS code 110319)
- Groats and meal of wheat (HS code 110311)
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Nepal groat export values
In 2019, Nepal exported groat valued at 0.09m USD, an increase of 119.51% from 2018's total groat export of 0.041m USD. The yearly increase in value of Nepal groat between 2017 to 2018 was -43.836 percent.
The annual/yearly variation in the quantity of Nepal's groat exports between 2017 and 2019 was 3.03 pc when compared to a variation of 161.538% in the growth rate between 2018 and 2019.
Export markets for Nepal groat ( in '000$ )
Nepal brought in 2,325 tonnes of groat in 2019.