Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Nepal - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Nepal (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Nepal
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Nepal (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $1,964 per ton in 2022, increasing by 3.1% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +10.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses decreased by -3.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 117% against the previous year. The import price peaked at $2,044 per ton in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,568 per ton), while the price for Belgium amounted to $1,281 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.3%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Nepal
In 2022, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Nepal plummeted to 65 tons, reducing by -18.4% on the previous year's figure. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 156% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses contracted rapidly to $128K in 2022. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 139% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 129 | 45.2 | 129 | 88.7 | -11.7% |
| Belgium | 31.0 | 18.4 | 17.8 | 39.1 | 8.0% |
| Others | 0.1 | N/A | 5.4 | 0.1 | 0.0% |
| Total | 160 | 63.6 | 152 | 128 | -7.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Nepal in 2022:
- India (34.5 tons)
- Belgium (30.5 tons)
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