Price for Petroleum gases and other gaseous hydrocarbons; liquefied, n.e.s. in heading no. 2711 in Nepal - 2022

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Nepal (CIF) - 2022
2. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Nepal

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Nepal (CIF) - 2022

In 2022, the average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $998 per ton, jumping by 21% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2021 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $1,258 per ton in 2012; however, from 2013 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 2012 to 2022, the rate of growth in terms of prices for India amounted to -5.6% per year.

Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Nepal

Imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes into Nepal was estimated at 517K tons in 2022, approximately reflecting the year before. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes surged to $516M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene to Nepal in 2022:

1. India (478.8K tons)

Source: IndexBox Market Intelligence Platform