Price for Phosphates; N.E.S in Item No. 2835.2 in Nepal - 2022
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Nepal (CIF) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Nepal
Price for Phosphates; N.E.S in Item No. 2835.2 in Nepal (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,590 per ton, surging by 3.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 33%. The import price peaked at $1,861 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 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.5% per year.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Nepal
For the fourth consecutive year, Nepal recorded growth in supplies from abroad of phosphates; n.e.s in item no. 2835.2s, which increased by 41% to 43 tons in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 97%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s soared to $68K in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 161% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.3 | 41.9 | 46.8 | 63.3 | 105.4% |
| Thailand | 8.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 5.0 | 0% |
| Total | 16.1 | 41.9 | 46.8 | 68.3 | 61.9% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Nepal in 2022:
- India (42.6 tons)
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