Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Nepal - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Nepal (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Nepal

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Nepal (CIF) - 2022

The average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses stood at $1,577 per ton in 2022, picking up by 5.8% against the previous year. In general, the import price, however, showed a slight decrease. The growth pace was the most rapid in 2021 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $1,819 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 -1.4% per year.

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Nepal

In 2022, purchases abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -17.8% to 307 tons, falling for the second year in a row after two years of growth. In general, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports reached the peak of 426 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses dropped to $484K in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37%.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4015515564846.5%
OthersN/AN/AN/AN/A0%
Total4015515564846.5%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Nepal in 2022:

  1. India (306.9 tons)

Source: IndexBox Market Intelligence Platform

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