Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nepal - 2022

Contents:

  1. Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nepal (CIF) - 2022
  2. Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nepal

Price for Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nepal (CIF) - 2022

In 2022, the average import price for compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips amounted to $1,978 per ton, surging by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2020 an increase of 15%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,976 per ton), while the price for China totaled $259 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.2%).

Imports of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nepal

In 2022, approx. 232 tons of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips were imported into Nepal; shrinking by -34.4% compared with 2021. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of 353 tons, and then declined remarkably in the following year.

In value terms, imports of compounded rubber, unvulcanised, in primary forms or in plates, sheets or strips declined markedly to $458K in 2022. Over the period under review, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports reached the peak of $625K, and then shrank remarkably in the following year.

Import of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India866518980458-19.1%
China12.810.21.60.8-60.3%
Others-400.36.1-356.3N/A-5.7%
Total479535625458-1.5%

Top Suppliers of Compounded Rubber, Unvulcanised, in Primary Forms or in Plates, Sheets or Strip to Nepal in 2022:

  1. India (231.5 tons)
  2. China (2.9 tons)

Source: IndexBox Market Intelligence Platform

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