Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Nepal - 2022
Contents:
- Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Nepal (CIF) - 2022
- Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Nepal
Price for Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Nepal (CIF) - 2022
In 2022, the average import price for colouring matter; pigments and preparations based on chromium compoundses amounted to $3,862 per ton, growing by 12% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for colouring matter; pigments and preparations based on chromium compoundses increased by +28.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($11,155 per ton), while the price for India ($2,199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Nepal
In 2022, approx. 17 tons of colouring matter; pigments and preparations based on chromium compoundses were imported into Nepal; shrinking by -42.9% compared with the previous year. Over the period under review, imports saw a dramatic descent. The growth pace was the most rapid in 2021 when imports increased by 96%.
In value terms, imports of colouring matter; pigments and preparations based on chromium compoundses reduced markedly to $65K in 2022. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 125%.
| Import of Colouring Matter; Pigments and Preparations Based On Chromium Compounds in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 38.2 | 20.2 | 44.3 | 33.3 | -4.5% |
| India | 70.8 | 24.1 | 55.9 | 28.3 | -26.3% |
| Finland | 1.8 | 0.7 | 0.9 | 2.5 | 11.6% |
| Others | 0.7 | N/A | 0.2 | 0.6 | -5.0% |
| Total | 111 | 44.9 | 101 | 64.7 | -16.5% |
Top Suppliers of Colouring Matter; Pigments and Preparations Based On Chromium Compounds to Nepal in 2022:
- India (12.9 tons)
- Thailand (3.0 tons)
- Finland (0.9 tons)
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