Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Nepal - 2022
Contents:
- Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Nepal (CIF) - 2022
- Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Nepal
Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Nepal (CIF) - 2022
The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $3,457 per ton in 2022, reducing by -5.7% against the previous year. In general, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure at $4,001 per ton in 2013; however, from 2014 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 -1.3% per year.
Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Nepal
In 2022, overseas purchases of alcohols; aromatic alcohols and derivatives, benzyl alcohol decreased by -15.6% to 6.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.6% 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 increased by +31.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 7.8 tons, and then fell markedly in the following year.
In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol dropped remarkably to $23K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, imports attained the peak of $29K, and then shrank remarkably in the following year.
| Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 17.5 | 17.0 | 28.5 | 22.9 | 9.4% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 17.5 | 17.0 | 28.7 | 22.9 | 9.4% |
Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Nepal in 2022:
- India (6.6 tons)
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