Most of the Nepali population consumes rice, wheat, maize, millet, potatoes, pulses, fruits, and vegetables. Nepal has been heavily affected by the increase in food prices. The year 2008 was a year marked by unprecedented food price increases across the country. This trend largely correlated with regional and global price hikes associated with the ‘global food crisis’ and occurred despite relatively strong harvests. At the beginning of 2008, due to a number of prevailing market factors, Nepal was particularly vulnerable to the global food crisis. Factors included: stagnating agricultural production with heavy reliance on seasonal rainfall, heavy reliance on food and oil imports, poor transportation infrastructure and a high percentage of average household income (60%) spent on food. The rapid price increase of staple foods had a significant impact on the purchasing power on many, especially the poor. High food prices have continued since 2008 up to the present. Nepal continues to rely more and more on food imports. Nepal has many producers of food however the increasing price of it makes it difficult to obtain for many.
Generic country information can be located from sources which are regularly maintained and reflect current facts and figures. For a general overview of country data related to the service and supply sectors, please consult to following source: The Observatory of Economic Complexity–MIT (OEC)
For more information, please see the following attachments:
For information on Nepal supplier contact details, please see the following link: 4.10 Nepal Supplier Contact List
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