Price for Woven Fabrics of Artificial Staple Fibres in Nepal - 2022
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Nepal (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Nepal (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Nepal
- Exports of Woven Fabrics of Artificial Staple Fibres in Nepal
Price for Woven Fabrics of Artificial Staple Fibres in Nepal (CIF) - 2022
In 2022, the average import price for woven fabrics of artificial staple fibres amounted to $15 per square meter, falling by -7% against the previous year. Over the period under review, the import price recorded a noticeable setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 23%. As a result, import price reached the peak level of $23 per square meter. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($15 per square meter), while the price for India totaled $14 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.2%).
Price for Woven Fabrics of Artificial Staple Fibres in Nepal (FOB) - 2022
The average export price for woven fabrics of artificial staple fibres stood at $10 per square meter in 2022, with an increase of 3.8% against the previous year. Over the last decade, it increased at an average annual rate of +5.9%. The most prominent rate of growth was recorded in 2013 an increase of 98% against the previous year. As a result, the export price reached the peak level of $11 per square meter. From 2014 to 2022, the average 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 ($33 per square meter), while the average price for exports to China ($4.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in Nepal
Imports of woven fabrics of artificial staple fibres into Nepal shrank sharply to 518K square meters in 2022, with a decrease of -19% against 2021. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of 639K square meters, and then dropped rapidly in the following year.
In value terms, imports of woven fabrics of artificial staple fibres contracted markedly to $7.6M in 2022. In general, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.6% 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 +48.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 97% against the previous year. As a result, imports attained the peak of $10M, and then reduced sharply in the following year.
| Import of Woven Fabrics of Artificial Staple Fibres in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 4.0 | 8.6 | 6.5 | 2.1% |
| India | 0.5 | 1.0 | 1.4 | 1.1 | 30.1% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 6.7 | 5.1 | 10.1 | 7.6 | 4.3% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Nepal in 2022:
- China (436.6K square meters)
- India (78.1K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Nepal
In 2022, overseas shipments of woven fabrics of artificial staple fibres were finally on the rise to reach 216 square meters after two years of decline. Over the period under review, exports, however, faced a dramatic downturn. The exports peaked at 649 square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of woven fabrics of artificial staple fibres soared to $2.1K in 2022. Overall, exports, however, continue to indicate a sharp shrinkage. The exports peaked at $7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Woven Fabrics of Artificial Staple Fibres in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2,941 | 181 | 353 | 345 | -51.0% |
| China | 511 | 36.0 | 83.0 | 94.0 | -43.1% |
| Ireland | 110 | 12.0 | 27.0 | 29.0 | -35.9% |
| Netherlands | 3,418 | 98.0 | 89.0 | 17.0 | -82.9% |
| Others | N/A | 2,679 | 743 | 1,665 | -21.2% |
| Total | 6,980 | 3,006 | 1,295 | 2,150 | -32.5% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Nepal in 2022:
- China (22.0 square meters)
- United Kingdom (11.0 square meters)
- Ireland (2.0 square meters)
- Netherlands (1.0 square meters)
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