Chlorates; of Sodium Price in Nepal - 2022

Contents:

  1. Chlorates; of Sodium Price in Nepal (CIF) - 2022
  2. Chlorates; of Sodium Imports in Nepal

Chlorates; of Sodium Price in Nepal (CIF) - 2022

The average chlorates; of sodium import price stood at $1,854 per ton in 2022, picking up by 4.8% against the previous year. Over the period under review, the import price enjoyed mild growth. The growth pace was the most rapid in 2018 when the average import price increased by 47%. Over the period under review, average import prices reached the peak figure at $3,693 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 +1.1% per year.

Chlorates; of Sodium Imports in Nepal

In 2022, overseas purchases of chlorates; of sodia decreased by -84.1% to 294 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 431% against the previous year.

In value terms, chlorates; of sodium imports contracted significantly to $545 in 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 267%. As a result, imports reached the peak of $3.3K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Chlorates; of Sodium in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.93.33.30.5-17.8%
OthersN/AN/AN/AN/A0%
Total0.93.33.30.5-17.8%

Top Suppliers of Chlorates; of Sodium to Nepal in 2022:

  1. India (294.0 kg)

Source: IndexBox Market Intelligence Platform

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