Price for Tents of Synthetic Fibres in Nepal - 2022

Contents:

  1. Price for Tents of Synthetic Fibres in Nepal (CIF) - 2022
  2. Imports of Tents of Synthetic Fibres in Nepal

Price for Tents of Synthetic Fibres in Nepal (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $11,290 per ton, with an increase of 4.6% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres import price increased by +25.5% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 28%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($11,272 per ton), while the price for Saudi Arabia ($11,249 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Nepal

Tents of synthetic fibres imports into Nepal skyrocketed to 13 tons in 2022, increasing by 233% on 2021. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 478%. As a result, imports reached the peak of 34 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tents of synthetic fibres imports surged to $149K in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 566% against the previous year. As a result, imports reached the peak of $349K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Tents of Synthetic Fibres in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.720.32.6139272.0%
Saudi ArabiaN/AN/AN/A4.50%
South AfricaN/A0.50.14.2189.8%
Norway18.913517.1N/A-4.9%
Switzerland8.063.79.0N/A6.1%
Italy18.299.79.7N/A-27.0%
Others4.529.74.21.1-37.5%
Total52.434942.714941.7%

Top Suppliers of Tents of Synthetic Fibres to Nepal in 2022:

  1. China (12.4 tons)
  2. Saudi Arabia (0.4 tons)
  3. South Africa (0.4 tons)

Source: IndexBox Market Intelligence Platform

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