Ester Gums Price in Nepal - 2021
Contents:
Ester Gums Price in Nepal (CIF) - 2022
In 2022, the average ester gums import price amounted to $1,693 per ton, waning by -4.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 60% against the previous year. The import price peaked at $1,816 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 China amounted to +0.9% per year.
Ester Gums Imports in Nepal
Ester gums imports into Nepal contracted markedly to 35 tons in 2022, dropping by -39.3% against the previous year. Overall, imports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 13%.
In value terms, ester gums imports fell remarkably to $59K in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of $102K, and then shrank significantly in the following year.
| Import of Ester Gums in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 94.5 | 56.1 | 102 | 59.1 | -14.5% |
| Others | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Total | 94.7 | 56.3 | 102 | 59.1 | -14.5% |
Top Suppliers of Ester Gums to Nepal in 2022:
- India (34.9 tons)
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