Price for Inner Tubes, of Rubber in Nepal - 2022
Contents:
Price for Inner Tubes, of Rubber in Nepal (CIF) - 2022
The average inner tubes, of rubber import price stood at $1.6 per unit in 2022, with a decrease of -31.6% against the previous year. In general, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 21%. The import price peaked at $2.9 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 India ($1.6 per unit), while the price for China amounted to $0.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.3%).
Imports of Inner Tubes, of Rubber in Nepal
After three years of growth, overseas purchases of inner tubes, of rubbers decreased by -0.4% to 3.4M units in 2022. The total import volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year. Imports peaked at 3.4M units in 2021, and then declined in the following year.
In value terms, inner tubes, of rubber imports contracted rapidly to $5.3M in 2022. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $7.8M, and then declined dramatically in the following year.
| Import of Inner Tubes, of Rubber in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.5 | 5.8 | 7.7 | 5.2 | -7.2% |
| China | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.6 | 5.9 | 7.8 | 5.3 | -7.1% |
Top Suppliers of Inner Tubes, of Rubber to Nepal in 2022:
- India (3.3M units)
- China (0.1M units)
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