Price for Embroidery; in the Piece, in Strips or in Motifs in Nepal - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Nepal (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Nepal (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Nepal
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Nepal

Price for Embroidery; in the Piece, in Strips or in Motifs in Nepal (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $76,165 per ton in 2022, rising by 101% against the previous year. Overall, the import price showed a measured expansion. The import price peaked at $119,783 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($82,578 per ton), while the price for India totaled $28,523 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Embroidery; in the Piece, in Strips or in Motifs in Nepal (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $18,992 per ton in 2022, with an increase of 2.5% against the previous year. Overall, the export price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 40%. The export price peaked at $30,392 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($42,000 per ton), while the average price for exports to Canada ($2,792 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 Germany (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Nepal

In 2022, imports of embroidery; in the piece, in strips or in motifses into Nepal reduced remarkably to 6.4 tons, which is down by -39.9% against the previous year. In general, imports faced a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 18%.

In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $489K in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 81%.

Import of Embroidery; in the Piece, in Strips or in Motifs in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China563161343467-6.0%
India33.814.819.921.5-14.0%
Thailand73.147.535.1N/A-30.7%
Others2.30.46.70.3-49.3%
Total672223404489-10.1%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Nepal in 2022:

  1. China (5.7 tons)
  2. India (0.8 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Nepal

Exports of embroidery; in the piece, in strips or in motifses from Nepal shrank dramatically to 478 kg in 2022, waning by -38.9% against the year before. In general, exports saw a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 411%.

In value terms, exports of embroidery; in the piece, in strips or in motifses declined notably to $9.1K in 2022. Overall, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 295%.

Export of Embroidery; in the Piece, in Strips or in Motifs in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15,2601,9716,5334,348-34.2%
Japan1,5942501,099648-25.9%
Bhutan773131623397-19.9%
Spain86.089.041826245.0%
New Zealand28357.0315236-5.9%
Taiwan (Chinese)810142839224-34.8%
Germany50877.0325168-30.8%
Canada18139.0234148-6.5%
South Africa17530.014799.0-17.3%
China49.07.032.018.0-28.4%
Others4,6698723,9242,530-18.5%
Total24,3883,66514,4899,078-28.1%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Nepal in 2022:

  1. United States (306.0 kg)
  2. Canada (53.0 kg)
  3. Bhutan (20.0 kg)
  4. Taiwan (Chinese) (18.0 kg)
  5. Spain (18.0 kg)
  6. Japan (16.0 kg)
  7. New Zealand (12.0 kg)
  8. South Africa (8.0 kg)
  9. China (5.0 kg)
  10. Germany (4.0 kg)

Source: IndexBox Market Intelligence Platform

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