Borates; Peroxoborates (Perborates) Price in Nepal - 2022
Contents:
- Borates; Peroxoborates (Perborates) Price in Nepal (CIF) - 2022
- Borates; Peroxoborates (Perborates) Imports in Nepal
Borates; Peroxoborates (Perborates) Price in Nepal (CIF) - 2022
In 2022, the average borates; peroxoborates (perborates) import price amounted to $917 per ton, surging by 31% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, borates; peroxoborates (perborates) import price increased by +56.0% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 36% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +6.3% per year.
Borates; Peroxoborates (Perborates) Imports in Nepal
In 2022, overseas purchases of borates; peroxoborates (perborates)s decreased by -71.3% to 77 tons, falling for the second year in a row after two years of growth. Overall, imports showed a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of 387 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, borates; peroxoborates (perborates) imports contracted significantly to $71K in 2022. Over the period under review, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 27%. As a result, imports reached the peak of $228K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Borates; Peroxoborates (Perborates) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 109 | 131 | 129 | 71.1 | -13.3% |
| Argentina | 27.7 | 40.4 | 31.7 | N/A | 7.0% |
| China | 14.6 | 15.1 | 1.5 | N/A | -67.9% |
| United States | 14.8 | 20.6 | 11.5 | N/A | -11.9% |
| Turkey | 13.2 | 20.9 | 15.6 | N/A | 8.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 180 | 228 | 190 | 71.1 | -26.6% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Nepal in 2022:
- India (77.5 tons)
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