Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Nepal - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Nepal (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Nepal
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Nepal (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; esters of formic acids stood at $2,452 per ton in 2022, standing approx. at the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 100% against the previous year. The import price peaked at $7,183 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 +2.6% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Nepal
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; esters of formic acids decreased by -29.9% to 1.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 494%. As a result, imports reached the peak of 2.5 tons, and then fell dramatically in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; esters of formic acids fell markedly to $4.3K in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 784% against the previous year. As a result, imports reached the peak of $6.2K, and then fell markedly in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.5 | 0.7 | 6.2 | 4.3 | 104.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 0.7 | 6.2 | 4.3 | 104.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid to Nepal in 2022:
- India (1.8 tons)
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