Price for Fine or Coarse Animal Hair, Not Carded or Combed in Nepal - 2022

Contents:

1. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Nepal (CIF) - 2022
2. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Nepal (FOB) - 2022
3. Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Nepal
4. Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Nepal

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Nepal (CIF) - 2022

In 2022, the average import price for fine or coarse animal hair, not carded or combed amounted to $15,218 per ton, waning by -35.2% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2018 an increase of 62% against the previous year. Over the period under review, average import prices reached the peak figure at $54,410 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($56,182 per ton), while the price for India ($451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Nepal (FOB) - 2022

In 2022, the average export price for fine or coarse animal hair, not carded or combed amounted to $48,777 per ton, reducing by -12.6% against the previous year. In general, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 245% against the previous year. The export price peaked at $77,524 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($55,038 per ton), while the average price for exports to Switzerland stood at $21,472 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.9%), while the prices for the other major destinations experienced a decline.

Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Nepal

In 2022, the amount of fine or coarse animal hair, not carded or combed imported into Nepal soared to 2.6 tons, jumping by 490% on 2021. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fine or coarse animal hair, not carded or combed surged to $39K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to Nepal in 2022:

1. South Africa (995.0 kg)
2. India (545.0 kg)
3. Italy (437.0 kg)
4. Mongolia (265.0 kg)
5. China (181.0 kg)
6. Thailand (123.0 kg)

Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Nepal

In 2022, after two years of decline, there was significant growth in shipments abroad of fine or coarse animal hair, not carded or combed, when their volume increased by 26% to 193 kg. In general, exports, however, saw a sharp decrease.

In value terms, exports of fine or coarse animal hair, not carded or combed stood at $9.4K in 2022. Overall, exports, however, faced a abrupt decrease.

Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from Nepal in 2022:

1. United Kingdom (157.0 kg)
2. Switzerland (36.0 kg)

Source: IndexBox Market Intelligence Platform