Hardboard Price in Nepal - 2021
Contents:
Hardboard Price in Nepal (CIF) - 2022
The average hardboard import price stood at $628 per cubic meter in 2022, dropping by -22.4% against the previous year. Over the period under review, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 27%. Over the period under review, average import prices reached the maximum at $840 per cubic meter in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,097 per cubic meter), while the price for Russia ($18 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Hardboard Imports in Nepal
In 2022, the amount of hardboard imported into Nepal soared to 2.5K cubic meters, growing by 129% compared with 2021 figures. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, hardboard imports soared to $1.6M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hardboard in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 461 | 338 | 419 | 722 | 16.1% |
| Malaysia | 136 | 135 | 182 | 567 | 60.9% |
| India | 108 | 172 | 134 | 211 | 25.0% |
| Thailand | 5.6 | 1.9 | 0.2 | 38.4 | 90.0% |
| Turkey | 30.5 | 32.5 | 17.7 | 22.6 | -9.5% |
| Russia | N/A | N/A | N/A | 6.0 | 0% |
| Belgium | 25.1 | 8.3 | 10.4 | N/A | -35.6% |
| Germany | 64.1 | 89.4 | 101 | N/A | 25.5% |
| Others | 25.1 | 92.5 | 18.8 | N/A | -13.5% |
| Total | 855 | 870 | 882 | 1,567 | 22.4% |
Top Suppliers of Hardboard to Nepal in 2022:
- Malaysia (971.0 cubic meters)
- China (658.0 cubic meters)
- India (384.0 cubic meters)
- Russia (331.0 cubic meters)
- Thailand (128.0 cubic meters)
- Turkey (22.0 cubic meters)
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