Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Nepal - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Nepal (CIF) - 2022
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Nepal
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Nepal (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $352 per ton in 2022, remaining constant against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 8.6%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
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 China amounted to +2.1% per year.
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Nepal
In 2022, overseas purchases of fertilizers, mineral or chemical decreased by -95.7% to 1.3 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 1.8% against the previous year. As a result, imports reached the peak of 62 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fertilizers, mineral or chemical declined markedly to $456 in 2022. Over the period under review, imports faced a dramatic setback. The smallest decline of -0.5% was in 2020.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.2 | 0.6 | 10.7 | 0.5 | 35.7% |
| China | 20.8 | 20.3 | N/A | N/A | -2.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.0 | 20.9 | 10.7 | 0.5 | -71.2% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Nepal in 2022:
- India (1.3 tons)
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