Price for Mineral Substances Not Elsewhere Specified or Included in Nepal - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Nepal (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Nepal (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Nepal
- Exports of Mineral Substances Not Elsewhere Specified or Included in Nepal
Price for Mineral Substances Not Elsewhere Specified or Included in Nepal (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $101 per ton in 2022, growing by 5.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 100%. As a result, import price reached the peak level of $190 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 Vietnam ($152 per ton), while the price for India totaled $92 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.8%).
Price for Mineral Substances Not Elsewhere Specified or Included in Nepal (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $508 per ton in 2022, which is down by -90.2% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2020 an increase of 79%. The export price peaked at $5,197 per ton in 2021, and then shrank markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +39.2% per year.
Imports of Mineral Substances Not Elsewhere Specified or Included in Nepal
In 2022, the amount of mineral substances not elsewhere specified or includeds imported into Nepal stood at 19K tons, surging by 4.7% compared with 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% 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 +53.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds totaled $1.9M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.7% 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 +74.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Mineral Substances Not Elsewhere Specified or Included in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.3 | 1.1 | 1.7 | 1.6 | 7.2% |
| Vietnam | N/A | N/A | N/A | 0.3 | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 1.3 | 1.1 | 1.8 | 1.9 | 13.5% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Nepal in 2022:
- India (17.1K tons)
- Vietnam (2.2K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Nepal
In 2022, exports of mineral substances not elsewhere specified or includeds from Nepal declined rapidly to 59 kg, dropping by -78.1% compared with the previous year. Over the period under review, exports saw a sharp decrease. The smallest decline of -21.1% was in 2021.
In value terms, exports of mineral substances not elsewhere specified or includeds reduced dramatically to $30 in 2022. Overall, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 34%.
| Export of Mineral Substances Not Elsewhere Specified or Included in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 30.0 | 0% |
| China | 490 | 815 | 1,203 | N/A | 56.7% |
| Austria | 54.0 | 55.0 | 53.0 | N/A | -0.9% |
| Canada | 290 | 245 | 139 | N/A | -30.8% |
| Others | 3.0 | 3.0 | 3.0 | N/A | 0.0% |
| Total | 837 | 1,118 | 1,398 | 30.0 | -67.0% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Nepal in 2022:
- France (59.0 kg)
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