Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Nepal - 2022

Contents:

  1. Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Nepal (CIF) - 2022
  2. Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Nepal

Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Nepal (CIF) - 2022

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $3,926 per ton in 2022, which is down by -5.6% against the previous year. Overall, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 89%. Over the period under review, average import prices reached the maximum at $6,849 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($4,351 per ton), while the price for India totaled $1,792 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-11.2%).

Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Nepal

Imports of alcohols; aromatic and derivatives, other than benzyl alcohol into Nepal surged to 6.4 tons in 2022, growing by 47% on 2021. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,126% against the previous year. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol surged to $25K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 581%. As a result, imports reached the peak of $32K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.616.58.722.985.3%
India1.03.40.62.026.0%
IndonesiaN/A12.1N/AN/A0%
Others0.10.28.90.344.2%
Total4.732.218.225.275.0%

Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Nepal in 2022:

  1. Malaysia (5.3 tons)
  2. India (1.1 tons)

Source: IndexBox Market Intelligence Platform

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