Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Nepal - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Nepal (CIF) - 2022
2. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Nepal

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Nepal (CIF) - 2022

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,012 per ton, surging by 91% against the previous year. Over the period under review, the import price recorded a noticeable expansion. The growth pace was the most rapid in 2019 when the average import price increased by 98% against the previous year. Over the period under review, average import prices reached the peak figure at $1,750 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2013 to 2022, the rate of growth in terms of prices for India amounted to +4.7% per year.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Nepal

In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses imported into Nepal soared to 3.8 tons, with an increase of 35% compared with the previous year's figure. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 698%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses skyrocketed to $3.8K in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 972%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Nepal in 2022:

1. India (3.8 tons)

Source: IndexBox Market Intelligence Platform