Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Nepal - 2022

Contents:

  1. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Nepal (CIF) - 2022
  2. Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Nepal

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Nepal (CIF) - 2022

In 2022, the average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,167 per ton, which is down by -14% against the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 99% against the previous year. As a result, import price attained the peak level of $4,781 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,429 per ton), while the price for China ($836 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Nepal

For the fourth year in a row, Nepal recorded growth in supplies from abroad of glass; unworked, in balls (other than microspheres of heading no. 7018), which increased by 55% to 4.4 tons in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 310%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) surged to $5.1K in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 228% against the previous year. As a result, imports attained the peak of $6.8K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.34.42.52.829.1%
India0.41.70.81.762.0%
United Arab EmiratesN/AN/A0.4N/A0%
Others0.40.70.20.614.5%
Total2.16.83.85.134.4%

Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Nepal in 2022:

  1. China (3.4 tons)
  2. India (1.0 tons)

Source: IndexBox Market Intelligence Platform

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