Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Nepal - 2022

Contents:

  1. Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Nepal (CIF) - 2022
  2. Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Nepal

Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Nepal (CIF) - 2022

In 2022, the average import price for oils and products of the distillation of high temperature coal tar; benzoles amounted to $3,101 per ton, jumping by 74% against the previous year. Overall, the import price enjoyed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 +13.4% per year.

Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Nepal

In 2022, purchases abroad of oils and products of the distillation of high temperature coal tar; benzoles decreased by -54.6% to 297 kg, falling for the second consecutive year after two years of growth. Overall, imports saw a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of 725 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles contracted notably to $921 in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $1.2K, and then dropped remarkably in the following year.

Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6938271,1689219.9%
OthersN/AN/AN/AN/A0%
Total6938271,1689219.9%

Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole to Nepal in 2022:

  1. India (297.0 kg)

Source: IndexBox Market Intelligence Platform

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