Price for Rubber Thread and Cord; Textile Covered in Nepal - 2022

Contents:

  1. Price for Rubber Thread and Cord; Textile Covered in Nepal (CIF) - 2022
  2. Imports of Rubber Thread and Cord; Textile Covered in Nepal

Price for Rubber Thread and Cord; Textile Covered in Nepal (CIF) - 2022

In 2022, the average import price for rubber thread and cord; textile covereds amounted to $3,247 per ton, picking up by 3.4% against the previous year. Overall, the import price, however, recorded a slight contraction. The growth pace was the most rapid in 2014 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $5,019 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 the United States ($5,458 per ton), while the price for Thailand ($2,154 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Rubber Thread and Cord; Textile Covered in Nepal

Imports of rubber thread and cord; textile covereds into Nepal shrank notably to 1.1 tons in 2022, falling by -17.1% against the previous year's figure. Over the period under review, imports recorded a abrupt setback. The smallest decline of -14.9% was in 2021.

In value terms, imports of rubber thread and cord; textile covereds fell to $3.6K in 2022. Overall, imports faced a abrupt decline. The smallest decline of -14.2% was in 2021.

Import of Rubber Thread and Cord; Textile Covered in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.42.62.51.88.7%
China3.71.91.31.3-29.4%
United States0.1N/A0.10.10.0%
Thailand0.50.20.10.1-41.5%
OthersN/A0.10.10.10.0%
Total5.74.94.23.6-14.2%

Top Suppliers of Rubber Thread and Cord; Textile Covered to Nepal in 2022:

  1. India (671.0 kg)
  2. China (337.0 kg)
  3. Thailand (65.0 kg)
  4. United States (24.0 kg)

Source: IndexBox Market Intelligence Platform

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