Price for Dyes; Pigments and Preparations Based Thereon in Nepal - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Nepal (CIF) - 2022
  2. Imports of Dyes; Pigments and Preparations Based Thereon in Nepal

Price for Dyes; Pigments and Preparations Based Thereon in Nepal (CIF) - 2022

In 2022, the average import price for dyes; pigments and preparations based therea amounted to $6,301 per ton, which is down by -2.4% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 dyes; pigments and preparations based therea decreased by -16.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19%. As a result, import price attained the peak level of $7,575 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($7,147 per ton), while the price for Thailand ($2,320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced a decline.

Imports of Dyes; Pigments and Preparations Based Thereon in Nepal

In 2022, imports of dyes; pigments and preparations based therea into Nepal contracted to 253 tons, with a decrease of -13.2% against the previous year's figure. In general, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. As a result, imports reached the peak of 291 tons, and then declined in the following year.

In value terms, imports of dyes; pigments and preparations based therea declined dramatically to $1.6M in 2022. Overall, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. As a result, imports reached the peak of $1.9M, and then reduced markedly in the following year.

Import of Dyes; Pigments and Preparations Based Thereon in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,6679251,6251,382-6.1%
China41.471.417911339.8%
Thailand3.21.40.385.6199.1%
Others10.336.276.412.36.1%
Total1,7221,0341,8811,593-2.6%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Nepal in 2022:

  1. India (193.4 tons)
  2. Thailand (36.9 tons)
  3. China (21.8 tons)

Source: IndexBox Market Intelligence Platform

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