Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Nepal - 2022

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Nepal (CIF) - 2022
  2. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Nepal

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Nepal (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $3,463 per ton in 2022, with an increase of 20% against the previous year. In general, the import price, however, saw a pronounced reduction. The growth pace was the most rapid in 2019 when the average import price increased by 54%. The import price peaked at $7,429 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($7,008 per ton), while the price for Taiwan (Chinese) ($1,748 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Nepal

In 2022, supplies from abroad of fabrics; "long pile" fabrics, knitted or crocheteds decreased by -1.6% to 94 tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 633%. As a result, imports attained the peak of 98 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds surged to $327K in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 343%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.411.9161170238.1%
Taiwan (Chinese)24.314884.311165.9%
China22.567.432.045.626.5%
OthersN/A0.10.1N/A0.0%
Total51.322727732785.4%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Nepal in 2022:

  1. Taiwan (Chinese) (63.7 tons)
  2. India (24.3 tons)
  3. China (6.5 tons)

Source: IndexBox Market Intelligence Platform

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