Price for Hair; Coarse Animal Hair, Carded or Combed in Nepal - 2022

Contents:

  1. Price for Hair; Coarse Animal Hair, Carded or Combed in Nepal (CIF) - 2022
  2. Price for Hair; Coarse Animal Hair, Carded or Combed in Nepal (FOB) - 2022
  3. Imports of Hair; Coarse Animal Hair, Carded or Combed in Nepal
  4. Exports of Hair; Coarse Animal Hair, Carded or Combed in Nepal

Price for Hair; Coarse Animal Hair, Carded or Combed in Nepal (CIF) - 2022

In 2022, the average import price for hair; coarse animal hair, carded or combed amounted to $7,628 per ton, which is down by -87.7% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 808%. Over the period under review, average import prices attained the maximum at $61,860 per ton in 2021, and then dropped remarkably in the following year.

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 China ($62,197 per ton), while the price for India stood at $628 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.6%).

Price for Hair; Coarse Animal Hair, Carded or Combed in Nepal (FOB) - 2022

In 2022, the average export price for hair; coarse animal hair, carded or combed amounted to $43,104 per ton, surging by 64% against the previous year. Overall, the export price continues to indicate strong growth. The export price peaked at $47,800 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +71.5% per year.

Imports of Hair; Coarse Animal Hair, Carded or Combed in Nepal

In 2022, overseas purchases of hair; coarse animal hair, carded or combed were finally on the rise to reach 2.9 tons after two years of decline. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of hair; coarse animal hair, carded or combed soared to $22K in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 202% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Hair; Coarse Animal Hair, Carded or Combed in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.43.013.210.834.9%
India4.31.4N/A0.6-48.1%
OthersN/AN/AN/A10.80%
Total8.74.413.222.136.4%

Top Suppliers of Hair; Coarse Animal Hair, Carded or Combed to Nepal in 2022:

  1. India (921.0 kg)
  2. China (173.0 kg)

Exports of Hair; Coarse Animal Hair, Carded or Combed in Nepal

In 2022, shipments abroad of hair; coarse animal hair, carded or combed increased by 5,967% to 182 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a deep reduction.

In value terms, exports of hair; coarse animal hair, carded or combed soared to $7.8K in 2022. Overall, exports, however, faced a deep downturn.

Export of Hair; Coarse Animal Hair, Carded or Combed in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.04.10.17.83.7%
Netherlands3.91.4N/AN/A-64.1%
OthersN/AN/AN/AN/A0%
Total10.95.50.17.8-10.6%

Top Export Markets for Hair; Coarse Animal Hair, Carded or Combed from Nepal in 2022:

  1. United Kingdom (182.0 kg)

Source: IndexBox Market Intelligence Platform

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