Price for Rattans Used Primarily for Plaiting in Nepal - 2022

Price for Rattans Used Primarily for Plaiting in Nepal (CIF) - 2022

In 2022, the average import price for rattans used primarily for plaitings amounted to $72 per ton, with a decrease of -97.2% against the previous year. Over the period under review, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 540% against the previous year. Over the period under review, average import prices reached the peak figure at $6,928 per ton in 2017; however, from 2018 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 -17.4% per year.

Imports of Rattans Used Primarily for Plaiting in Nepal

For the fourth consecutive year, Nepal recorded growth in supplies from abroad of rattans used primarily for plaitings, which increased by 1,946% to 8 tons in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, rattans used primarily for plaiting imports reduced notably to $573 in 2022. Overall, imports, however, saw a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of $1.4K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.