Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Nepal - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Nepal (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Nepal
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Nepal (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,406 per ton in 2022, with an increase of 38% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.4% 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; vinyl acetates increased by +83.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,698 per ton), while the price for India amounted to $2,379 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.7%).
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Nepal
In 2022, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates into Nepal shrank significantly to 368 tons, falling by -21.2% on the previous year's figure. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of 466 tons, and then dropped remarkably in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates expanded sharply to $885K in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 225 | 86.6 | 670 | 803 | 52.8% |
| Taiwan (Chinese) | 418 | 231 | 48.6 | 82.0 | -41.9% |
| South Korea | N/A | 86.3 | N/A | N/A | 0% |
| China | N/A | N/A | 88.4 | N/A | 0% |
| Others | 6.1 | 5.4 | 4.8 | N/A | -11.3% |
| Total | 649 | 410 | 812 | 885 | 10.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Nepal in 2022:
- India (337.4 tons)
- Taiwan (Chinese) (30.4 tons)
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