Price for Carbides, Whether or Not Chemically Defined in Nepal - 2022
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Nepal (CIF) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Nepal
Price for Carbides, Whether or Not Chemically Defined in Nepal (CIF) - 2022
The average import price for carbides, whether or not chemically defineds stood at $1,128 per ton in 2022, increasing by 23% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 carbides, whether or not chemically defineds increased by +67.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,173 per ton), while the price for India amounted to $902 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%).
Imports of Carbides, Whether or Not Chemically Defined in Nepal
In 2022, approx. 497 tons of carbides, whether or not chemically defineds were imported into Nepal; increasing by 16% compared with 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of carbides, whether or not chemically defineds soared to $560K in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Carbides, Whether or Not Chemically Defined in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 253 | 197 | 346 | 486 | 24.3% |
| India | 22.2 | 16.3 | 34.1 | 74.3 | 49.6% |
| Vietnam | N/A | 9.2 | N/A | N/A | 0% |
| Others | 6.4 | 7.6 | 10.8 | N/A | 29.9% |
| Total | 282 | 230 | 391 | 560 | 25.7% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Nepal in 2022:
- China (414.2 tons)
- India (82.4 tons)
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