Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal - 2022

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal (CIF) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal (FOB) - 2022
  3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal
  4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal (CIF) - 2022

In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $3,522 per ton, increasing by 3.4% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 52%. The import price peaked at $4,737 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9,030 per ton), while the price for India amounted to $3,104 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%).

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal (FOB) - 2022

In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $16,882 per ton, picking up by 40% against the previous year. Over the period under review, the export price recorded a moderate increase. The most prominent rate of growth was recorded in 2015 an increase of 76% against the previous year. As a result, the export price reached the peak level of $22,332 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($28,281 per ton), while the average price for exports to Italy ($8,815 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+48.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal

In 2022, overseas purchases of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -69.8% to 81 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by 159% against the previous year. As a result, imports reached the peak of 414 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses fell sharply to $285K in 2022. Overall, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports attained the peak of $931K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India507800695236-22.5%
China10311318638.3-28.1%
Others14.018.031.110.8-8.3%
Total624931913285-23.0%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Nepal in 2022:

  1. India (75.9 tons)
  2. China (4.2 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal

In 2022, shipments abroad of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses decreased by -7.9% to 8.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 749% against the previous year.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses soared to $144K in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 581% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.8N/A7.8100400.0%
SpainN/AN/A0.79.11200.0%
Taiwan (Chinese)N/AN/AN/A4.60%
Germany5.5N/A3.34.3-7.9%
ChinaN/AN/AN/A4.20%
United KingdomN/AN/A15.73.6-77.1%
NetherlandsN/A0.30.43.5241.6%
Australia0.839.926.31.111.2%
Others1.518.857.513.8109.5%
Total8.759.0112144154.8%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Nepal in 2022:

  1. United States (3537.0 kg)
  2. Spain (1036.0 kg)
  3. Taiwan (Chinese) (523.0 kg)
  4. Germany (487.0 kg)
  5. China (476.0 kg)
  6. United Kingdom (408.0 kg)
  7. Netherlands (395.0 kg)
  8. Australia (122.0 kg)

Source: IndexBox Market Intelligence Platform

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