Horsehair Price in Nepal - 2022

Contents:

1. Horsehair Price in Nepal (CIF) - 2022
2. Horsehair Price in Nepal (FOB) - 2022
3. Horsehair Imports in Nepal
4. Horsehair Exports in Nepal

Horsehair Price in Nepal (CIF) - 2022

The average horsehair import price stood at $48,720 per ton in 2022, picking up by 53% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 72%. The import price peaked at $70,294 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mongolia ($77,573 per ton), while the price for China amounted to $36,625 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+318.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Horsehair Price in Nepal (FOB) - 2022

The average horsehair export price stood at $27,364 per ton in 2022, which is down by -19.9% against the previous year. In general, the export price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 136% against the previous year. As a result, the export price attained the peak level of $42,760 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -24.1% per year.

Horsehair Imports in Nepal

In 2022, overseas purchases of horsehair were finally on the rise to reach 364 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a dramatic contraction.

In value terms, horsehair imports skyrocketed to $18K in 2022. In general, imports, however, saw a abrupt contraction.

Top Suppliers of Horsehair to Nepal in 2022:

1. China (251.0 kg)
2. Mongolia (110.0 kg)

Horsehair Exports in Nepal

In 2022, horsehair exports from Nepal skyrocketed to 335 kg, increasing by 34% compared with the previous year. In general, exports, however, faced a sharp reduction.

In value terms, horsehair exports expanded remarkably to $9.2K in 2022. Over the period under review, exports, however, faced a abrupt curtailment.

Top Export Markets for Horsehair from Nepal in 2022:

1. United Kingdom (335.0 kg)

Source: IndexBox Market Intelligence Platform