Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Nepal - 2022
Contents:
- Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Nepal (CIF) - 2022
- Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Nepal
Price for Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Nepal (CIF) - 2022
The average import price for residues; of petroleum oils or of oils obtained from bituminous mineralses stood at $465 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 67%. The import price peaked at $609 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 -2.7% per year.
Imports of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Nepal
After three years of growth, overseas purchases of residues; of petroleum oils or of oils obtained from bituminous mineralses decreased by -86.4% to 16 tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 18,077% against the previous year.
In value terms, imports of residues; of petroleum oils or of oils obtained from bituminous mineralses reduced dramatically to $7.3K in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 18,962% against the previous year.
Import of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals in Nepal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.2 | 40.6 | 53.2 | 7.3 | 231.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.2 | 40.6 | 53.2 | 7.3 | 231.7% |
Top Suppliers of Residues; of Petroleum Oils or of Oils Obtained from Bituminous Minerals to Nepal in 2022:
- India (15.7 tons)
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