Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal - 2022

Contents:

  1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal (CIF) - 2022
  2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal (FOB) - 2022
  3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal
  4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal (CIF) - 2022

In 2022, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $9,672 per ton, rising by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2018 when the average import price increased by 8.5%. As a result, import price attained the peak level of $9,706 per ton; afterwards, it flattened through to 2022.

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 Malaysia ($13,319 per ton), while the price for Vietnam ($3,257 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.0%), while the prices for the other major suppliers experienced a decline.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $10,741 per ton, rising by 7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 41% against the previous year. The export price peaked at $15,624 per ton in 2020; however, from 2021 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 the UK ($22,000 per ton), while the average price for exports to Pakistan ($2,842 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 Germany (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal

In 2022, supplies from abroad of tents of textile materials other than cotton or synthetic fibreses decreased by -5.1% to 19 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 200%. As a result, imports attained the peak of 39 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses shrank to $187K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 213%. As a result, imports reached the peak of $334K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.46.020.4101316.3%
China44.126946.442.9-0.9%
United Kingdom1.14.521.116.2145.1%
India33.428.773.812.6-27.7%
Turkey3.45.16.34.16.4%
South Korea4.35.35.32.3-18.8%
Vietnam3.74.44.31.8-21.4%
Others15.211.312.06.0-26.6%
Total10733419018720.5%

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Nepal in 2022:

  1. Malaysia (7.6 tons)
  2. China (5.6 tons)
  3. United Kingdom (2.1 tons)
  4. India (1.7 tons)
  5. Turkey (0.8 tons)
  6. Vietnam (0.5 tons)
  7. South Korea (0.3 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal

In 2022, after two years of decline, there was significant growth in shipments abroad of tents of textile materials other than cotton or synthetic fibreses, when their volume increased by 697% to 239 kg. Overall, exports, however, showed a deep contraction.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses soared to $2.6K in 2022. In general, exports, however, faced a significant curtailment.

Export of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,7841,1061311,250-11.2%
Pakistan56234340.0378-12.4%
Tanzania1,15550242.0235-41.2%
Germany43323324.0199-22.8%
United Kingdom29314814.0110-27.9%
India10836.02.08.0-58.0%
Others92541348.0387-25.2%
Total5,2602,7813012,567-21.3%

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Nepal in 2022:

  1. Pakistan (133.0 kg)
  2. United States (65.0 kg)
  3. Tanzania (17.0 kg)
  4. Germany (11.0 kg)
  5. United Kingdom (5.0 kg)
  6. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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