Cerium Compounds Price in Nepal - 2022
Contents:
Cerium Compounds Price in Nepal (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $60,420 per ton, jumping by 39% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 an increase of 71% against the previous year. Over the period under review, average import prices hit record highs 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 +9.1% per year.
Cerium Compounds Imports in Nepal
Cerium compounds imports into Nepal declined sharply to 50 kg in 2022, waning by -24.2% on the previous year's figure. Overall, imports showed a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year.
In value terms, cerium compounds imports rose markedly to $3K in 2022. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 106%.
| Import of Cerium Compounds in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 5.2 | 1.4 | 2.9 | 3.0 | -16.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 1.4 | 2.9 | 3.0 | -16.8% |
Top Suppliers of Cerium Compounds to Nepal in 2022:
- India (50.0 kg)
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