Chromium Trioxide Price in Nepal - 2021
Contents:
Chromium Trioxide Price in Nepal (CIF) - 2022
In 2022, the average chromium trioxide import price amounted to $2,848 per ton, rising by 91% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The import price peaked at $7,765 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 -9.5% per year.
Chromium Trioxide Imports in Nepal
In 2022, supplies from abroad of chromium trioxides decreased by -43.6% to 26 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 328% against the previous year.
In value terms, chromium trioxide imports expanded significantly to $74K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 200% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Chromium Trioxide in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 13.9 | 41.8 | 68.4 | 73.8 | 74.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.9 | 41.8 | 68.4 | 73.8 | 74.5% |
Top Suppliers of Chromium Trioxide to Nepal in 2022:
- India (25.9 tons)
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