Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Nepal - 2022

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Nepal (CIF) - 2022
  2. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Nepal

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Nepal (CIF) - 2022

The average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $2,862 per ton in 2022, rising by 36% against the previous year. In general, the import price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 China ($9,976 per ton), while the price for India ($1,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.5%).

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Nepal

In 2022, the amount of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds imported into Nepal reduced to 76 tons, waning by -7.4% on 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 +77.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. As a result, imports reached the peak of 82 tons, and then declined in the following year.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds surged to $219K in 2022. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 194%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A99.80%
South KoreaN/AN/AN/A64.90%
India82.258.917353.9-13.1%
OthersN/AN/AN/AN/A0%
Total82.259.017321938.6%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Nepal in 2022:

  1. South Korea (33.6 tons)
  2. India (32.8 tons)
  3. China (10.0 tons)

Source: IndexBox Market Intelligence Platform

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