Price for Iodides and Iodide Oxides in Nepal - 2022

Contents:

1. Price for Iodides and Iodide Oxides in Nepal (CIF) - 2022
2. Imports of Iodides and Iodide Oxides in Nepal

Price for Iodides and Iodide Oxides in Nepal (CIF) - 2022

In 2022, the average iodides and iodide oxides import price amounted to $15,357 per ton, dropping by -13.6% against the previous year. Over the period under review, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 51%. Over the period under review, average import prices hit record highs at $31,223 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 India amounted to -3.3% per year.

Imports of Iodides and Iodide Oxides in Nepal

For the fourth year in a row, Nepal recorded growth in overseas purchases of iodides and iodide oxideses, which increased by 93% to 12 tons in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 336% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, iodides and iodide oxides imports soared to $177K in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 244% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Iodides and Iodide Oxides to Nepal in 2022:

1. India (11.5 tons)

Source: IndexBox Market Intelligence Platform