What is the price of linseed (flax) per kilogram/pound in Nepal today?
The retail price range for Nepal linseed (flax) is between US$ 18.08 and US$ 23.76 per kilogram or between US$ 8.20 and US$ 10.78 per pound(lb). Click here to see today's exact prices of linseed (flax) in Nepal
The retail price range in Nepalese Rupee for linseed (flax) is between NPR 2,398.43 and NPR 3,151.18 per kilogram or between NPR 1,087.72 and NPR 1,429.11 per pound(lb) in Kathmandu and Pokhara.
Wholesale prices
In 2024, the approximate wholesale price range for Nepal linseed (flax) is between US$ 12.66 and US$ 16.63 per kilogram or between US$ 5.74 and US$ 7.54 per pound(lb).
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Nepal Linseed (flax) Export Prices - Historical, Trends and Prediction
The export price of Linseed (Flax) from Nepal over the last five years has been quite volatile. In 2013, the price per kilogram was 0.73 US dollars, which dropped to 0.62 US dollars in 2014. The price then remained relatively stable at 0.61 US dollars in 2015 and 0.73 US dollars in 2016. In 2017, the price dropped to 0.71 US dollars, before dropping again to 0.55 US dollars in 2018. The price then increased to 0.59 US dollars in 2019 and 0.66 US dollars in 2020. The most recent data shows that the price has increased to 0.84 US dollars in 2021. Based on this data, it is likely that the price of Linseed (Flax) from Nepal will remain around 0.84 US dollars in 2023 and 2024.The linseed (flax) exports from Nepal are classified as:
- Linseed, whether or not broken (HS code 120400)
Nepal Linseed (flax) Import Prices - Historical, Trends and Prediction
The import price of Linseed (Flax) into Nepal over the last five years has been quite volatile. In 2013, the price was 0.73 US$ per kg, which dropped to 0.62 US$ per kg in 2014. The price remained relatively stable in 2015 and 2016, at 0.61 US$ per kg and 0.73 US$ per kg respectively. In 2017, the price dropped to 0.71 US$ per kg, before increasing to 0.55 US$ per kg in 2018. The price then rose again in 2019 to 0.59 US$ per kg, before reaching 0.66 US$ per kg in 2020. The most recent data shows that the price of Linseed (Flax) into Nepal has increased to 0.84 US$ per kg in 2021. Based on the data, it is likely that the price of Linseed (Flax) into Nepal will remain relatively stable in the next two years. We can predict that the price in 2023 will be around 0.80 US$ per kg, and in 2024 it will be around 0.82 US$ per kg.Export values for Nepal linseed (flax)
The total values in export for linseed (flax) in Nepal were US$ 734, US$ 102, US$ 349 and US$ 256 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Nepal: Rapeseeds (Canola), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of linseed (flax) in other countries across Asia: Kazakhstan linseed (flax), Kyrgyzstan linseed (flax), Tajikistan linseed (flax), Turkmenistan linseed (flax), Uzbekistan linseed (flax), China linseed (flax), Hong Kong linseed (flax), Macao linseed (flax), North Korea linseed (flax) & Mongolia linseed (flax).
Nepal linseed (flax) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Nepal exported 437 tonnes of linseed (flax). In 2019 alone, the demand for Nepal linseed (flax) (oil seeds category) has decreased, flactuating by -31.505 percent compared to the year 2018. Between 2017 and 2019, linseed (flax)'s exports went up by 203.47 pc earning the country US$0.26m for the year 2019. Nepal's linseed (flax) exports are classified as:
- Linseed, whether or not broken (HS code 120400)
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Nepal linseed (flax) export values
In 2019, Nepal sold linseed (flax) costing 0.26m USD, a contraction of -25.50% from 2018's total linseed (flax) export of 0.349m USD. The annual reduction in value of Nepal linseed (flax) between 2017 to 2018 was 242.157 percent.
The annual change in the quantity of Nepal's linseed (flax) exports between 2017 and 2019 was 203.47% in comparison to a variation of -31.505% in the period between 2018 and 2019.
Export markets for Nepal linseed (flax) ( in '000$ )
Nepal's leading export markets for linseed (flax) are India.
Nepal purchased 6 tonnes of linseed (flax) in 2019.
Production
The production of linseed (flax) in Nepal was 12,477 tonnes in 2019 and is forecast to change by an average of -15.79%. The country had approximately 12,166.00 hectares under linseed (flax) cultivation.