Price for Rosin; Salts of Rosin or of Resin Acids in Nepal - 2022

Contents:

  1. Price for Rosin; Salts of Rosin or of Resin Acids in Nepal (CIF) - 2022
  2. Imports of Rosin; Salts of Rosin or of Resin Acids in Nepal

Price for Rosin; Salts of Rosin or of Resin Acids in Nepal (CIF) - 2022

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $781 per ton, picking up by 33% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. Over the period under review, average import prices attained the peak figure at $968 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 -2.1% per year.

Imports of Rosin; Salts of Rosin or of Resin Acids in Nepal

In 2022, after three years of growth, there was significant decline in purchases abroad of rosin; salts of rosin or of resin acidses, when their volume decreased by -97.9% to 2.6 tons. Overall, imports showed a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 127 tons, and then declined notably in the following year.

In value terms, imports of rosin; salts of rosin or of resin acidses dropped dramatically to $2.1K in 2022. Over the period under review, imports saw a sharp downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of $74K, and then reduced rapidly in the following year.

Import of Rosin; Salts of Rosin or of Resin Acids in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India51.762.174.52.1-65.6%
OthersN/AN/AN/AN/A0%
Total51.762.174.52.1-65.6%

Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Nepal in 2022:

  1. India (2.6 tons)

Source: IndexBox Market Intelligence Platform

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