O-Acetylsalicylic Acid Price in Nepal - 2022
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O-Acetylsalicylic Acid Price in Nepal (CIF) - 2022
The average o-acetylsalicylic acid import price stood at $5,614 per ton in 2022, with a decrease of -34.6% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 87% against the previous year. The import price peaked at $9,379 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 +3.2% per year.
O-Acetylsalicylic Acid Imports in Nepal
In 2022, the amount of o-acetylsalicylic acid, its salts and esters imported into Nepal surged to 153 kg, with an increase of 78% against the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, o-acetylsalicylic acid imports surged to $859 in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of $885. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of O-Acetylsalicylic Acid in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 750 | 885 | 640 | 859 | 4.6% |
| Others | N/A | N/A | 98.0 | N/A | 0% |
| Total | 750 | 885 | 738 | 859 | 4.6% |
Top Suppliers of O-Acetylsalicylic Acid to Nepal in 2022:
- India (153.0 kg)
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