Price for Silk; Woven Fabrics of Noil Silk in Nepal - 2022
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Nepal (CIF) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in Nepal (FOB) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in Nepal
- Exports of Silk; Woven Fabrics of Noil Silk in Nepal
Price for Silk; Woven Fabrics of Noil Silk in Nepal (CIF) - 2022
In 2022, the average import price for silk; woven fabrics of noil silks amounted to $111,648 per ton, with an increase of 7.2% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silk; woven fabrics of noil silks decreased by -9.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure at $123,218 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($158,167 per ton), while the price for the UK ($49,825 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in Nepal (FOB) - 2022
The average export price for silk; woven fabrics of noil silks stood at $46,000 per ton in 2022, declining by -8.7% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 43%. The export price peaked at $185,782 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($330,000 per ton), while the average price for exports to the United Arab Emirates ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.2%), while the prices for the other major destinations experienced a decline.
Imports of Silk; Woven Fabrics of Noil Silk in Nepal
In 2022, approx. 685 kg of silk; woven fabrics of noil silks were imported into Nepal; waning by -13.7% on 2021. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 467% against the previous year. As a result, imports attained the peak of 794 kg, and then declined in the following year.
In value terms, imports of silk; woven fabrics of noil silks declined to $76K in 2022. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 479%. As a result, imports attained the peak of $83K, and then declined in the following year.
| Import of Silk; Woven Fabrics of Noil Silk in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.5 | 11.8 | 62.6 | 53.6 | 17.0% |
| United Kingdom | 4.7 | 1.7 | 14.4 | 14.3 | 44.9% |
| India | 5.4 | 0.5 | 2.8 | 7.6 | 12.1% |
| Others | 1.1 | 0.3 | 2.9 | 1.0 | -3.1% |
| Total | 44.7 | 14.3 | 82.7 | 76.5 | 19.6% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Nepal in 2022:
- China (341.0 kg)
- United Kingdom (286.0 kg)
- India (48.0 kg)
Exports of Silk; Woven Fabrics of Noil Silk in Nepal
For the third consecutive year, Nepal recorded decline in shipments abroad of silk; woven fabrics of noil silks, which decreased by -14.3% to 12 kg in 2022. In general, exports showed a abrupt descent.
In value terms, exports of silk; woven fabrics of noil silks shrank notably to $552 in 2022. Over the period under review, exports saw a sharp slump.
| Export of Silk; Woven Fabrics of Noil Silk in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,958 | 1,011 | 391 | 330 | -44.8% |
| United Kingdom | 431 | 314 | 250 | 177 | -25.7% |
| France | 235 | 114 | 42.0 | 33.0 | -48.0% |
| United States | N/A | N/A | N/A | 10.0 | 0% |
| South Africa | 319 | 30.0 | 2.0 | 1.0 | -85.4% |
| United Arab Emirates | 5.0 | 1.0 | 1.0 | 1.0 | -41.5% |
| Denmark | N/A | N/A | 1.0 | N/A | 0% |
| Netherlands | N/A | 129 | 18.0 | N/A | -86.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,948 | 1,599 | 705 | 552 | -42.8% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from Nepal in 2022:
- United Kingdom (7.0 kg)
- United States (1.0 kg)
- South Africa (1.0 kg)
- United Arab Emirates (1.0 kg)
- France (1.0 kg)
- China (1.0 kg)
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