Price for Andalusite, Kyanite and Sillimanite in Nepal - 2022

Price for Andalusite, Kyanite and Sillimanite in Nepal (CIF) - 2022

In 2022, the average andalusite, kyanite and sillimanite import price amounted to $277 per ton, with a decrease of -13.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 32%. Over the period under review, average import prices hit record highs at $488 per ton in 2015; however, from 2016 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 -0.4% per year.

Price for Andalusite, Kyanite and Sillimanite in Nepal (FOB) - 2022

In 2022, the average andalusite, kyanite and sillimanite export price amounted to $265 per ton, remaining relatively unchanged against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 0.4% against the previous year. The export price peaked at $267 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, 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 -0.1% per year.

Imports of Andalusite, Kyanite and Sillimanite in Nepal

For the fourth consecutive year, Nepal recorded growth in purchases abroad of andalusite, kyanite and sillimanites, which increased by 12% to 667 tons in 2022. The total import volume increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, andalusite, kyanite and sillimanite imports dropped slightly to $185K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 7%. As a result, imports attained the peak of $199K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Andalusite, Kyanite and Sillimanite in Nepal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	186	199	192	185	-0.2%
Others	N/A	N/A	N/A	N/A	0%
Total	186	199	192	185	-0.2%

Top Suppliers of Andalusite, Kyanite and Sillimanite to Nepal in 2022:

India (666.9 tons)

Exports of Andalusite, Kyanite and Sillimanite in Nepal

In 2022, andalusite, kyanite and sillimanite exports from Nepal stood at 1.6K tons, growing by 6.3% against the previous year. The total export volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 6.3% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, andalusite, kyanite and sillimanite exports expanded sharply to $414K in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 6.7% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.