Sulphates; of Aluminium Price in Nepal - 2022
Contents:
Sulphates; of Aluminium Price in Nepal (CIF) - 2022
The average sulphates; of aluminium import price stood at $599 per ton in 2022, increasing by 35% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.9% per year.
Sulphates; of Aluminium Imports in Nepal
Sulphates; of aluminium imports into Nepal fell to 266 tons in 2022, leveling off at the previous year's figure. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 5.5% against the previous year.
In value terms, sulphates; of aluminium imports soared to $159K in 2022. Over the period under review, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 61%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Sulphates; of Aluminium in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 131 | 73.6 | 118 | 159 | 6.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 131 | 73.6 | 118 | 159 | 6.7% |
Top Suppliers of Sulphates; of Aluminium to Nepal in 2022:
- India (265.9 tons)
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