Price for Dyes; Pigments and Preparations Based Thereon in Nepal - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Nepal (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,667 | 925 | 1,625 | 1,382 | -6.1% |
China | 41.4 | 71.4 | 179 | 113 | 39.8% |
Thailand | 3.2 | 1.4 | 0.3 | 85.6 | 199.1% |
Others | 10.3 | 36.2 | 76.4 | 12.3 | 6.1% |
Total | 1,722 | 1,034 | 1,881 | 1,593 | -2.6% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Nepal in 2022:
- India (193.4 tons)
- Thailand (36.9 tons)
- China (21.8 tons)
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