Ethylene Price in Nepal - 2021
Contents:
Ethylene Price in Nepal (CIF) - 2022
The average ethylene import price stood at $3,989 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 79% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual 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 +8.6% per year.
Ethylene Imports in Nepal
Ethylene imports into Nepal fell rapidly to 87 kg in 2022, dropping by -90.2% against the year before. Over the period under review, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 386%. As a result, imports attained the peak of 884 kg, and then reduced remarkably in the following year.
In value terms, ethylene imports shrank notably to $347 in 2022. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 571%. As a result, imports attained the peak of $3.2K, and then dropped notably in the following year.
| Import of Ethylene in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.6 | 0.5 | 3.2 | 1.8 | 44.2% |
| Others | N/A | N/A | N/A | -1.5 | 0% |
| Total | 0.6 | 0.5 | 3.2 | 0.3 | -20.6% |
Top Suppliers of Ethylene to Nepal in 2022:
- India (527.0 kg)
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