Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal - 2022
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal (CIF) - 2022
In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $15 per square meter, surging by 3.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2014 when the average import price increased by 53%. Over the period under review, average import prices attained the peak figure at $17 per square meter in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Australia ($20 per square meter), while the price for the United Arab Emirates ($7.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal (FOB) - 2022
In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $24 per square meter, picking up by 11% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 89% against the previous year. Over the period under review, the average export prices reached the peak figure at $26 per square meter in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($113 per square meter), while the average price for exports to the UK ($9.7 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 South Korea (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal
In 2022, supplies from abroad of woven fabrics of carded wool or of carded fine animal hair decreased by -21.5% to 25K square meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. As a result, imports attained the peak of 32K square meters, and then shrank notably in the following year.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair shrank sharply to $369K in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 85%. As a result, imports reached the peak of $455K, and then fell markedly in the following year.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 105 | 158 | 288 | 259 | 35.1% |
| Australia | 21.9 | 28.1 | 32.8 | 33.7 | 15.5% |
| China | 21.3 | 23.0 | 86.1 | 28.2 | 9.8% |
| United Arab Emirates | 12.7 | 17.3 | 21.6 | 23.7 | 23.1% |
| United Kingdom | 4.5 | 5.1 | 10.3 | 7.1 | 16.4% |
| Others | 11.4 | 14.6 | 16.5 | 17.5 | 15.4% |
| Total | 177 | 246 | 455 | 369 | 27.7% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Nepal in 2022:
- India (17.0K square meters)
- United Arab Emirates (3.1K square meters)
- China (2.3K square meters)
- Australia (1.7K square meters)
- United Kingdom (0.4K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal
In 2022, exports of woven fabrics of carded wool or of carded fine animal hair from Nepal surged to 3.4K square meters, growing by 200% compared with the previous year. In general, exports, however, recorded a deep contraction. Over the period under review, the exports of reached the peak figure at 6.4K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $82K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 275%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 14.6 | 2.1 | 8.4 | 24.9 | 19.5% |
| China | 12.1 | 1.6 | 6.3 | 16.3 | 10.4% |
| United States | 2.0 | 0.2 | 0.6 | 11.8 | 80.7% |
| Ireland | N/A | N/A | N/A | 7.8 | 0% |
| Germany | 2.4 | 0.3 | 1.4 | 4.3 | 21.5% |
| France | 10.3 | 1.5 | 6.7 | 2.0 | -42.1% |
| South Korea | 0.3 | 0.1 | 0.2 | 1.0 | 49.4% |
| Portugal | 2.9 | 0.2 | 0.4 | 0.5 | -44.3% |
| Others | 1.2 | 0.6 | 0.7 | 13.4 | 123.5% |
| Total | 45.9 | 6.6 | 24.7 | 82.2 | 21.4% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Nepal in 2022:
- United Kingdom (2581.0 square meters)
- United States (259.0 square meters)
- China (144.0 square meters)
- Ireland (133.0 square meters)
- Germany (61.0 square meters)
- South Korea (58.0 square meters)
- Portugal (22.0 square meters)
- France (19.0 square meters)
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