Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal - 2022

Contents:

  1. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal (CIF) - 2022
  2. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal (FOB) - 2022
  3. Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal
  4. Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal (CIF) - 2022

The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $42 per unit in 2022, jumping by 33% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 41%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($48 per unit), while the price for France ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal (FOB) - 2022

In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $5 per unit, waning by -78.3% against the previous year. In general, the export price saw a abrupt slump. The growth pace was the most rapid in 2021 when the average export price increased by 33%. As a result, the export price attained the peak level of $23 per unit, and then fell dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +31.8% per year.

Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal

In 2022, imports of articles of apparel and clothing accessories, of leather or of composition leather into Nepal declined significantly to 47K units, which is down by -38.6% on the previous year. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 88%. As a result, imports reached the peak of 77K units, and then plummeted in the following year.

In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather declined remarkably to $2M in 2022. Overall, imports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 105%. As a result, imports attained the peak of $2.5M, and then declined markedly in the following year.

Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7227971,8471,418-6.3%
India555354555454-6.5%
France1.02.49.865.5303.1%
Others10748.044.766.9-14.5%
Total2,3851,2012,4572,005-5.6%

Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Nepal in 2022:

  1. China (29.6K units)
  2. India (12.7K units)
  3. France (3.1K units)

Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal

Exports of articles of apparel and clothing accessories, of leather or of composition leather from Nepal fell significantly to 1 units in 2022, dropping by 99.9% compared with the previous year. In general, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,172%. Over the period under review, the exports of hit record highs at 2.3K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather reduced sharply to $5 in 2022. Overall, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 1,597%. As a result, the exports reached the peak of $48K, and then contracted dramatically in the following year.

Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.80.11.0N/A11.8%
China0.1N/A1.5N/A287.3%
Belgium0.50.10.4N/A-10.6%
United Kingdom1.30.12.0N/A24.0%
Germany4.4N/A0.2N/A-78.7%
United States2.80.710.7N/A95.5%
France2.4N/A0.1N/A-79.6%
New Caledonia0.50.11.1N/A48.3%
United Arab Emirates0.2N/A1.1N/A134.5%
South Africa1.20.10.1N/A-71.1%
Israel1.8N/AN/AN/A0%
Pakistan0.90.11.6N/A33.3%
Others13.11.528.7N/A48.0%
Total30.22.948.4N/A26.6%

Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Nepal in 2022:

  1. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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